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Goldman Sachs following the results of the second quarter increased its net profit by 44%

18.07.2018 12:00:23

The US bank Goldman Sachs Group in the second quarter increased its net profit by 44% year-on-year to $2 billion 348 million. In earnings per share, profits were 5 dollars 98 cents, the analysts had predicted 4 dollars 65 cents per share. Revenue reached 9 billion 402 million dollars, increased by 19%. Analysts had expected the figure at 8 billion 700 million dollars. The investment banking division increased its revenue by 18%. Revenues from operations with fixed-income assets in the currency and commodity markets increased by 45%. As of June 30, the book value of Goldman Sachs increased by 4.1% in the quarter and by 7.4% since the beginning of the year to $194.37 per share.

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