Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending its shares up 3% before the bell.

Goldman Sachs said its profit more than doubled in the fourth quarter, boosted by companies’ growing appetite for dealmaking. Profit jumped 105% to $4.11 billion. That amounted to $11.95 per share, which was far better than the $8.

JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.

Goldman Sachs (GS) shares gained in premarket trading Wednesday after the bank reported better-than-expected fourth-quarter results. The bank reported $4.11 billion in profit on $13.87 billion in revenue,

Goldman Sachs reported on Wednesday higher fourth-quarter profit above market estimates, powered by strong growth in revenues, especially in investment banking fees. For the quarter, net earnings applicable to common shareholders surged 110% to $3.

Goldman Sachs (GS) stock climbed higher today after the financial firm reported strong Q4 earnings. Adjusted earnings per share of $11.95 beat Wall Street’s estimate of $8.21. It’s also a significant 118% boost year-over-year compared to $5.

Goldman Sachs posted its best quarterly profit since the third quarter of 2021, driven by strong dealmaking, debt sales, and trading activity. The strong results helped the financial services giant’s shares jump around 2% in pre-market trading.