Investment banking revenue drops against guidance The company reported a 7% decline in profit to $13.03 billion, or $4.63 per share, reflecting a previously disclosed $2.2 billion reserve linked to its takeover of the Apple Card loan portfolio from Goldman Sachs. Excluding the 60-cent-per-share impact from the transaction, adjusted earnings were $5.23 per share, above analysts' expectations. The results still showed strength elsewhere, including stronger-than-expected trading revenue and steady growth in lo ...