Goldman Sachs posted a quarterly profit that exceeded analyst expectations, and its revenue increased by nearly 90%.
According to the results of the American bank’s business issued yesterday, profits amounted to a level of 5.28 billion dollars in the period from July to September, compared to profits of 3.23 billion dollars during the same period last year.
Earnings per share for Goldman Sachs were $14.94, above estimates of $10.18.
Revenues increased to $13.6 billion during the three-month period ending in September, compared to $10.8 billion during the same period last year, a level exceeding expectations of $11.68 billion.
For his part, David Solomon, CEO of Goldman Sachs, confirmed that the bank has recorded a strong operational performance, and that the opportunities available to it are still attractive in all of its business.
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