๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข EPS: $1.21 (Est. $1.13) โ
โข Revenue: $31.56B (Est. $30.77B) โ
โข Net income: $9.1B, +27% YoY
โข Net interest income: $16.0B, +9% YoY
โข Investment banking fees: +50% YoY
โ
๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐
โข No formal quarterly or full-year guidance provided.
โ
๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Sales & trading revenue rose 33%, with Equities +70% and FICC +9%
โข Average loans increased 8% and deposits rose for the 12th consecutive quarter
โข Returned $8.0B to shareholders through $6.0B in buybacks and $2.0B in dividends
โ
๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
The team delivered one of our strongest quarters to date, with earnings per share up 34% year over year. Every business segment reported double-digit net income growth and strong returns on equity. Revenue increased 15% as we deepened relationships with existing clients and welcomed new ones.