2012-04-17forbes.com

The bank earned $3.92 on a per-share basis, better than the $3.55 expected, on revenue just shy of $10 billion that was also better than anticipated. Net income was down 23% from a year ago when excluding the cost of a one-time dividend paid in that quarter on Warren Buffett`s preferred stake in the firm.

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Goldman, which also hiked its dividend 31%, to 46 cents per share from 35 cents, touted its improving capital ratios and said it repurchased 3.3 million shares at an average of $111.28 apiece during the quarter.


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