Business · Companies · 3 hrs ago
Goldman Sachs profit rises 29% as trading and investment banking grow
Goldman Sachs’ net profit rose 29% in the three months from July to September 2026 compared with a year earlier.
The US financial firm reported profit of $5.294 billion.
Stock trading revenue climbed 70%, helping drive the increase as share prices rose and markets fluctuated.
Strong investment banking activity also supported the result.
Earnings per share were $17.01, above the $12.86 that analysts surveyed by FactSet had expected.
The figures show how trading and deal-related work contributed to the bank’s performance during the quarter.
The available information does not say what Goldman Sachs expects for the next quarter.
Goldman Sachs reported third-quarter net profit of $5.29 billion, up 29% from a year earlier.
Equities trading revenue rose 72% to $6.44 billion, helping drive the results.
Investment banking fees increased 21% year on year to $3.22 billion.
Earnings per share were $17.01, above the market forecast cited by Nikkei of $12.86.
The bank’s total revenue rose 23% to $18.68 billion, according to Asharq Al-Awsat.
- Who
- Goldman Sachs.
- What
- It reported third-quarter net profit of $5.29 billion, up 29% year on year.
- When
- The three months ended September 30, 2026.
- Where
- Not stated.
- Why
- Higher equities trading revenue and strong investment banking activity supported the results.
This story does not have two clearly opposing sides.
Goldman Sachs recorded third-quarter net profit of $5.29 billion, compared with $4.10 billion a year earlier.
The Federal Reserve raised interest rates, amid other factors contributing to volatility in US equity markets.
Goldman Sachs announced its third-quarter results.
- Third-quarter net profit
- $5.29 billion, up 29% year on year
- Earnings per share
- $17.01
- Equities trading revenue
- $6.44 billion, up 72%
- Fixed income, currencies and commodities trading revenue
- $3.47 billion, down 1%
- Investment banking fees
- $3.22 billion, up 21% year on year
- Total revenue
- $18.68 billion, up 23%
3 sources
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What people are saying
En un entorno operativo complejo, nuestros clientes siguieron recurriendo a Goldman Sachs por nuestras capacidades de asesoramiento, ejecución y financiación de primer nivel, lo que se tradujo en los segundos ingresos netos trimestrales más elevados de nuestra historia y en unos ingresos netos récord en lo que va de año
A pesar de la complejidad y la incertidumbre actuales a nivel mundial, seguimos estando muy bien posicionados para continuar respondiendo a las necesidades de nuestros clientes. Confío en que nuestras franquicias líderes en el mercado, nuestras sólidas relaciones y nuestras continuas inversiones impulsarán el crecimiento de los beneficios a largo plazo
على الرغم من التعقيدات وحالة عدم اليقين السائدة في العالم حالياً، فإننا لا نزال في موقع قوي للغاية لمواصلة تقديم الخدمات لعملائنا