Goldman Sachs beat expectations in the second quarter, with earnings of $10.91 per share on $14.58 billion in revenue, both well above estimates.

Profit rose 22% from a year earlier.

Strong trading performance—especially equities trading, which jumped 36%—drove most of the gains.

Fixed income trading and investment banking also beat forecasts, while the asset and wealth management division underperformed, CNN has reported.

Goldman shares were up 23% for the year before the results.

Written by B.C. Begley