Goldman sachs reports q2 earnings of $6.26 per share

Goldman sachs reports second quarter earnings per common share of $6.26.net revenues in investment banking were $2.66 billion for the second quarter of 2020, 36% higher than the second quarter of 2019.says economic outlook remains uncertain.quarterly revenue $13.30 billion.q2 earnings per share view $3.78, revenue view $9.75 billion -- refinitiv ibes data.net revenues in global markets were $7.18 billion for q2 of 2020, 93% higher than q2 of 2019.during second quarter of 2020, the firm recorded net provisions for litigation and regulatory proceedings of $945 million.quarterly net revenues in equities were $2.94 billion, 46% higher than the second quarter of 2019.quarterly net revenues in ficc were $4.24 billion, compared with $1.70 billion in q2 of 2019.quarterly provision for credit losses $1.59 billion, up 70% versus q1 2020.goldman sachs - increase in investment banking revenue in quarter versus q2 2019 reflected significantly higher net revenues in underwriting.quarterly net revenues in ficc intermediation significantly higher, reflecting significantly higher net revenues across all major businesses.quarterly net revenues in ficc financing were significantly higher, primarily driven by repurchase agreements.says on july 14, board declared a dividend of $1.25 per common share to be paid on sept. 29.net revenues in consumer & wealth management were $1.36 billion for second quarter of 2020, 9% higher than second quarter of 2019.
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