<\/p>\n
Goldman Sachs on Tuesday beat estimates for its third quarter on stronger-than-expected investment banking and fixed income trading.<\/p>\n
Here\u2019s what the company reported:<\/p>\n
Earnings per share: $12.25 vs. $11 expected, according to LSEG<\/p>\n
Revenue: $15.18 billion vs. $14.1 billion expected, according to LSEG<\/p>\n
The company said in a release that profit surged 37% from a year earlier to $4.1 billion, or $12.25 a share. Revenue rose 20% to $15.18 billion.<\/p>\n
Investment banking was the engine for Goldman\u2019s beat this quarter, with fees jumping 42% to $2.66 billion, or roughly $500 million more than what analysts surveyed by StreetAccount had expected.<\/p>\n
Trading desks across Wall Street have benefited as President Donald Trump\u2019s tariff policies have roiled markets for bonds, currencies, commodities and stocks. Investment banking activity including mergers and IPOs has also gained steam, with the industry\u2019s revenue climbing 22% in the third quarter, per Dealogic.<\/p>\n
Goldman Sachs gets the majority of its revenue from Wall Street activities including trading and investment banking. The bank cited more completed mergers and debt underwriting deals for its third-quarter revenue increase.<\/p>\n
Fixed income trading revenue rose 17% to $3.47 billion, topping the StreetAccount estimate by about $280 million, on greater activity in interest rate products, mortgages and commodities.<\/p>\n
But the bank\u2019s equities traders appear to have underdelivered compared to expectations, producing a 7% increase in revenue to $3.74 billion, about $160 million below the estimate.<\/p>\n
<\/p>","protected":false},"excerpt":{"rendered":"
Goldman Sachs on Tuesday beat estimates for its third quarter on stronger-than-expected investment banking and fixed income trading. Here\u2019s what the company reported: Earnings per share: $12.25 vs. $11 expected, according to LSEG Revenue: $15.18 billion vs. $14.1 billion expected, according to LSEG The company said in a release that profit surged 37% from a […]<\/p>\n","protected":false},"author":1,"featured_media":5011,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5010","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/10\/Goldman-Sachs-2-1140x445.jpeg",1140,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/10\/Goldman-Sachs-2-463x348.jpeg",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/10\/Goldman-Sachs-2-300x200.jpeg",300,200,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/10\/Goldman-Sachs-2.jpeg",1200,800,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/5010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=5010"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/5010\/revisions"}],"predecessor-version":[{"id":5012,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/5010\/revisions\/5012"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/5011"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=5010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=5010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=5010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}