However,
Goldman sachs returns his peaks:
Record results for the bank led by David Solomon. Consequently, whose title is now evolving on highest historical. However,
What a path has been traveled since 2019. Moreover, when we stressed that the Queen of Investment Banks was spectacularly decorated – Goldman was then valued on the stock market under the value of its equity – despite the then concerns: hazardous breakthrough in the retail bank, criticism of the direction of David Solomon, explosion of the cost of the bonuses, unhappy real estate ready, etc.
The bank now exchanges the value of its equity. Furthermore, that is to say on its highest at fifteen years, is now trading more than twice. At 14.9 %. the profitability of its equity on the first half of the fiscal year also returns to levels that it had not occupied since that time.
The results goldman sachs returns his peaks of the first six months of the year confirm what we observe elsewhere in the American banking sector-that is to say. in the first leader, the good performance of their investment banking activities, carried mainly by the record profits of their trading segments.
At Goldman. the consulting segment is not to be outdone since it displays a leap of 16 % of its turnover from one year to the next. The financing of private debts – always the most prominent theme on the markets – continues to ensure robust performance. with revenues up 21 % compared to last year at the same time.
The return of capital increases after the Tetania observed for a few semesters also dops profitability. In parallel, the brokerage, services and asset management segments, more stable and well oriented, ensure the cohesion of the whole.
This happy situation allows Goldman to absorb the critical increase in goldman sachs returns his peaks its operating expenses from the pandemic. to achieve its best profit since 2021 – another exceptional year in all respects.
In six months, Goldman further reduced its volume of securities in circulation by 3.5 %; It also increases its quarterly dividend by a third party. All this is in line with other major financial institutions of Wall Street. all subject to gloomy results in their retail banking activities, but with record profits in their investment banking activities – specifically thanks to their trading segments.
See our latest comments on the JPMorgan, Wells Fargo and Citigroup semi -comments on this subject.
Goldman sachs returns his peaks
Further reading: The Bordeaux vineyard has torn 18 % of its surface in two years and “it would be necessary to tear even more” – On July 13, 1965, married women emancipated – [PHOTOS] The Hudson Bay Company, return to 350 years of commerce – Geneviève Guilbault Rabroue again SAAQ for “an obvious lack of judgment” – Culinary influencer: 15 million subscribers for the army.