Goldman Sachs profit hits over 3-year high as investment banking, trading fuel bumper quarter
Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending its shares up 3% before the bell.
Goldman Sachs Earnings: Profit Surges, Powered by Investment Banking
Goldman Sachs said its profit more than doubled in the fourth quarter, boosted by companies’ growing appetite for dealmaking. Profit jumped 105% to $4.11 billion. That amounted to $11.95 per share, which was far better than the $8.
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Goldman’s profit roughly doubled in Q4 thanks in large part to surging revenues from deal-making, underwriting, and trading.
Goldman Sachs ( GS 6.02%), and Citigroup ( C 6.49%) were all higher by 5% or more for the day. There are two main reasons why ...
Goldman Sachs CEO David Solomon signaled the possible early end of the bank's Apple Card partnership due to financial losses ...
BofA raised the firm’s price target on Goldman Sachs (GS) to $675 from $650 and keeps a Buy rating on the shares after its Q4 earnings beat.
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Goldman Sachs Q4 Earnings Preview: Investors Likely To Eye Stock Trading, Investment Banking Operations After Solid Q3Goldman Sachs (GS) shares were trading in the green in Tuesday’s pre-market session ahead of its fourth-quarter (Q4) earnings ...
Chairman & CEO David Solomon calls private credit's growth “one of the most important structural trends taking place in finance.” ...
Bank of America Securities analyst Ebrahim Poonawala has reiterated their bullish stance on GS stock, giving a Buy rating yesterday.Stay Ahead ...
The Goldman Sachs Group (NYSE:GS) is expected to raise bonuses for its investment bankers by up to 15%, Financial News ...
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