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The US investment bank Goldman Sachs reports revenue and earnings that exceeded expectations in the third quarter.
Revenue amounted to 18,68 billion dollars (15,18), compared with the Factset analyst consensus of 16,83. The 23 percent increase was primarily due to higher net revenue within Global Banking & Markets, where revenue rose 32 percent year-over-year to 13,46 billion dollars. Compared with the second quarter, however, this was a decrease of 13 percent.
Earnings per share amounted to 17,01 dollars (12,25), which was 32,3 percent above the analyst consensus of 12,86.
Provisions for credit losses amounted to 368 million dollars during the quarter, compared with 339 million during the same quarter last year and 102 million during the second quarter of this year.
The stock is trading up 2,8 percent in pre-market trading.
Goldman Sachs, USD billionQ3-2026ConsensusChange vs consensusQ3-2025ChangeRevenue18,6816,8311,0%15,1823,1%Earnings per share, USD17,0112,8632,3%12,2538,9%Consensus data from Factset
