Goldman Sachs Reports Record $15.18 Billion Q3 Revenue Amid Market Recovery
Goldman Sachs delivered record third-quarter revenue of $15.18 billion, marking a 20% year-over-year increase. The investment banking giant reported net earnings of $4.1 billion, driven by strong performance across capital markets and wealth management divisions. CEO David Solomon cited an “improved market environment” as key to the robust results.
Goldman Sachs shattered expectations with record third-quarter revenue of $15.18 billion, representing a substantial 20% increase compared to the same period last year. The Wall Street powerhouse reported net earnings of $4.1 billion, a remarkable 37% surge, as the firm capitalized on resurgent capital markets activity and strengthened investment banking performance. Diluted earnings per common share reached $12.25, significantly exceeding both last year’s $8.40 and analyst projections, demonstrating the bank’s ability to thrive in what CEO David Solomon described as an “improved market environment.”
