Goldman Sachs Reports Earnings Per Share of $15.02 in Q2, 2021

Goldman Sachs Group reported Tuesday, July 13th, a rise in second-quarter 2021 earnings, as the largest Wall Street investment bank benefited from record dealmaking activity globally.

Net profit attributable to common shareholders increased to $5.35 billion in the three months ended June 30, compared to $2.25 billion a year earlier.

Earnings per share rose to $15.02 from $6.26 a year ago, reversing analysts’ expectations of $10.24 per share, according to an estimate announced by Refinitiv.

The results received a boost from a favorable comparison a year ago, when the bank set aside more money to cover potential corporate loan losses due to the coronavirus pandemic.