Oct 14 (Reuters) – US bank Goldman Sachs reported a 94% jump in quarterly earnings on Wednesday, driven by a reactivation of advisory services for financial deals and a strengthening of its brokerage and insurance units.
The lender’s net earnings applicable to its common stock increased to $ 3.5 billion in the quarter ended September 30; and they are compared with a profit of 1.800 million dollars registered in the same period of the previous year.
On an equity basis, Goldman Sachs earned $ 9.68, nearly double the $ 4.79 per share in third-quarter earnings last year.
On average, market analysts estimated a profit of $ 5.7 per share, according to IBES data from Refinitiv. It was not immediately clear if the figures were comparable.
(Reporting by Anirban Sen in Bengaluru and Matt Scuffham in New York; edited in Spanish by Marion Giraldo)