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10/15, 2:36 PM (Source: TeleTrader)
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Goldman Sachs revenue jumps 26% to $13.61B in Q3

Goldman Sachs Group announced on Friday its third-quarter earnings report, saying that its revenue annually surged by 26% to reach $13.61 billion. The bank revealed record net revenues of $46.70 billion for the first nine months of 2021, with net earnings of $17.70 billion and diluted earnings per share of $48.59.

"The third quarter saw strong operating performance and an acceleration of our investment in the growth of Goldman Sachs... Looking forward, the opportunity set continues to be attractive across all of our businesses and our focus remains on serving our clients and executing our strategy," CEO David Solomon said in the report.

Goldman's stocks increased by 1.88% to sell for $398.55 a share in premarket trading following the better-than-expected earnings results.

Breaking the News / ND