Overview
- Adjusted EPS came in at $1.31 versus the $1.25 consensus, with revenue around $6.14 billion, up 27% year over year.
- GAAP profit rose 67% to a record $2.36 billion, or $1.26 per share, for the quarter ended Sept. 30.
- Trading revenue increased 25% to $995 million as clients boosted activity, including greater use of derivatives.
- Net interest revenue grew 37% to $3.05 billion and net interest margin expanded to 2.86%, up 21 basis points sequentially.
- Total client assets reached a record roughly $11.6 trillion with $137.5 billion in core net new assets, and the company repurchased $2.7 billion of stock as shares gained about 3% premarket.