Goldman Sachs Group, Inc. reported a growth in net earnings applicable to common shareholders for the second quarter, reaching $3.47 billion or $10.91 per share. This was up from $2.89 billion or $8.62 per share in the prior-year quarter. The provision for credit losses increased by 36 percent to $384 million. Total net revenues for the quarter grew by 15 percent to $14.58 billion, beating analysts’ expectations. The Board of Directors also announced a 33 percent increase in the quarterly dividend to $4.00 per common share. For more earnings news and updates, visit rttnews.com.

Read more at Nasdaq MarketSite: Goldman Sachs Q2 Results Top Estimates; Boosts Dividend 33% – Update