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Net income applicable to common shareholders jumped to $2.16 billion in the first quarter ended March 31, from $1.2 billion a year earlier. (http://bit.ly/2nYyF63)
Earnings per share rose to $5.15 from $2.68. Analysts on average had expected earnings of $5.31 per share, according to Thomson Reuters I/B/E/S. It was not immediately clear if the reported figures were comparable.
Provision for taxes fell 35.6 percent to $284 million.
Morgan Stanley, Goldman's traditional rival, reports earnings on Wednesday.
(Reporting by Sruthi Shankar in Bengaluru and Olivia Oran in New York; Editing by Sriraj Kalluvila)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)