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The Wall Street bank benefited from global mergers and acquisitions reaching new highs in the third quarter, with deals totaling $1.52 trillion being announced in the three months ended Sept. 27.
The figure, as per Refinitiv data, represents a growth of 38% year-over-year, higher than any quarter on record.
Net income applicable to common shareholders rose to $3.58 billion, or $1.98 per share, in the three months ended Sept. 30, from $2.6 billion, or $1.66 per share, a year earlier.
Analysts were expecting a profit of $1.68 per share, according to Refinitiv data.
Net revenue rose to $14.75 billion in the third quarter, compared with $11.72 billion a year earlier.
