Shares of Goldman Sachs rise to a record high as Wall Street cheers strong Q4
Goldman Sachs Group Inc.'s stock was up 1.3% to $614 a share on Thursday, a record stock price for the investment bank, a day after its stronger-than-expected fourth-quarter profit. If the gains hold through the session,
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 ...
Morgan Stanley posts record revenue, with Q4 profit soaring on strong deal activity and booming wealth management growth.
The earnings mirror those of rivals across Wall Street including JPMorgan, Goldman Sachs, Wells Fargo , and Citigroup, whose ...
Goldman’s net revenues for 2024 were US$53.51bn, up 16% from 2023, and it delivered net earnings of US$13.53bn, up 71%. Its return on tangible equity for the year was 13.5%, helped by an RoTE of 15.5% ...
JPMorgan Chase reported fourth-quarter results Wednesday that came in above analysts' expectations as investment banking fees ...
Operator Hello and welcome to Citi's fourth quarter 2024 earnings call. Today's call will be hosted by Jenn Landis, head of ...
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