Press Release :: Goldman Sachs Bank
The Goldman Sachs Group, Inc. today reported net revenues of $12.37 billion and net earnings of S3.19 billion far its third quarter ended September 25, 2009. Diluted earnings per common share were $5.25 compared with $1.81 for the third quarter ended August 29, 2008 and $4.93 for the second quarter ended June 26, 2009 Annualized return on average common shareholders’ equity (ROE) was 21 4% for the third quarter of 2009 and 19.2% for the first nine months of 2009.
«Although the world continues to lace serious economic challenges, we are seeing improving conditions and evidence of stabilization, even growth, across a number of sectors,» said Lloyd С. Blankfein, Chairman and Chief Executive Officer. «Our client franchise businesses - advisory, financing, market and asset management - contribute to and benefit from the overall improvement in conditions. Because the job market, and growth more generally, remain under stress, we continue to be focused on actively helping our clients in order to promote greater economic activity.»
Source: Goldman Sachs Bank
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