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Net
income applicable to shareholders increased to $2.10 billion in
the third quarter ended Sept. 30 from $1.33 billion a year
earlier, while earnings per share rose to $4.88 from $2.90.
Analysts on average had expected earnings of $3.82 per share,
according to Thomson Reuters I/B/E/S. It was not immediately
clear if the reported figures were comparable.
It was the bank's second straight rise in quarterly profit after
four quarters of decline.
Revenue from trading fixed-income securities, commodities and
currencies rose 34 percent to $1.96 billion.
Total net revenue rose 19 percent to $8.17 billion. (http://bit.ly/2dopnGg)
]
Goldman joined JPMorgan Chase & Co, Citigroup Inc and Bank of
America Corp in reporting an increase in revenue from trading,
which got a boost from Britain's surprise vote to quit the
European Union as well as from uncertainty about monetary policy
in the United States and elsewhere.
Goldman's chief rival, Morgan Stanley, is due to report results
on Wednesday.
(Reporting by Sruthi Shankar in Bengaluru; Editing by Ted Kerr)
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