Economy

Goldman Sachs earnings, revenue increase in Q3

Earnings soar 60% in July-September period

Ovunc Kutlu   | 15.10.2021
Goldman Sachs earnings, revenue increase in Q3

ANKARA

Goldman Sachs saw its earnings and revenue increase in the third quarter of 2021, according to its financial results statement released Friday.

The US-based multinational investment bank and financial services company saw net earnings of $5.38 billion in the July-September period of this year -- up 60% from $3.37 billion the same period of last year.

Net revenues jumped to $13.61 billion in the third quarter, posting a 26% increase from $10.8 billion in the July-September period of 2020.

Strong financial results pushed Goldman Sachs' stock price to $398.28 per share at 9.33 a.m. EDT on the New York Stock Exchange for a daily gain of 1.8%.

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