Goldman Sachs profit hits over 3-year high as investment banking, trading fuel bumper quarter
Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending its shares up 3% before the bell.
Big Bank earnings coming up: Citi, JPMorgan, Goldman, BofA
JPMorgan Chase (JPM), Goldman Sachs (GS), and Wells Fargo (WFC) report on Wednesday, while Bank of America (BAC) and Morgan Stanley (MS) release results on Thursday. RBC Capital markets analyst Gerard Cassidy joins Seana Smith and Brad Smith to discuss what investors can expect from Big Bank earnings.
Fourth-quarter 2024 profits at Bank of America (BAC) and Morgan Stanley (MS) more than doubled, cementing a Wall Street ...
Bank of America stock, for example, was down 2% after reporting a 116% spike in earnings. M&T Bank, US Bancorp, and PNC ...
Investors will be keen to hear about the company's target for 2025, especially as expectations for rate cuts have been reined ...
Bank of America and Morgan Stanley are next up in a series of bank earnings reports due out this week. The firms report ...
Bank of America on Thursday announced profits more than doubled in the fourth quarter, surging to $6.7 billion from $3.1 ...
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