Goldman Sachs Group Inc. easily beat analyst expectations, turning in a fourth quarter that was among the strongest on Wall Street.
The New York-based firm reported a profit of $2.35 billion, or $5.08 a share. That compares with $1.27 a share a year earlier, when the firm reached a $5 billion settlement with the Justice Department over mortgage-bond practices.
Revenue grew 12% to $8.17 billion from $7.27 billion a year earlier, and three of its four major business lines reported higher revenue than in 2015.
