Revenue segments as reported by the company.

Investment banking

Investment management

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Market making

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Goldman Sachs

Marcus by Goldman Sachs is an online bank which gives out personal loans up to $40,000 and offers high-yield online savings accounts with a 1.6% annual percentage yield. As of December 2017, Marcus is serving 500,000 customers, has about $20 billion in deposits, and has given out about $2.3 billion in loans.

Marcus

Clarity Money is a personal finance startup, to be added to its Marcus by Goldman Sachs roster. This acquisition is expected to add over 1 million customers to the Marcus business. Eventually, the application will be rebranded as Marcus. The app provides insights aimed improve our customers’ financial health.

Clarity Money

The Goldman Sachs Group, Inc. engages in the provision of financial services. It operates through the following business segments: Global Banking and Markets, Asset and Wealth Management, and Platform Solutions. The Global Banking and Markets segment includes investment banking, global investments, and equity and debt investments. The Asset and Wealth Management segment relates to the direct-to-consumer banking business which includes lending, deposit-taking, and investing. The Platform Solutions segment includes consumer platforms such as partnerships offering credit cards and point-of-sale financing, and transaction banking. The company was founded by Marcus Goldman in 1869 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Goldman Sachs reports solid Q4 performance amidst challenges and opportunities

Goldman Sachs navigated challenges in Q4 2022 while focusing on strategic actions like headcount reduction and consumer strategy adjustments. The firm aims to adapt to regulatory changes, execute strategic initiatives, and drive profitability in various business segments.

Goldman Sachs reports solid Q1 results amidst market disruptions

Goldman Sachs navigated a volatile quarter with resilience, focusing on capital return strategies and customer growth. The firm is strategically positioning itself in key markets and exploring opportunities in wealth management. Challenges from market disruptions and economic uncertainty are being addressed through cost-saving initiatives and strategic decisions.

Goldman Sachs faces challenges but pursues strategic growth opportunities

Goldman Sachs navigated challenges in Q2 2023, focusing on strategic actions to improve returns and capitalize on future opportunities. The firm aims to optimize capital deployment, reduce expenses, and enhance client offerings while monitoring Basel III revisions.

Goldman Sachs reports solid Q3 earnings amidst economic uncertainties

Goldman Sachs delivered solid financial results in Q3, driven by strong performance in its core segments and a focus on strategic asset sales.
While facing challenges like economic uncertainties and regulatory concerns, the firm remains committed to improving efficiency and capital management.
With a cautious credit outlook but optimism in trading revenues and market activities, Goldman Sachs is strategically positioning for future growth and profitability.

Goldman Sachs excels in 2023 with record revenues and strategic focus

Goldman Sachs had a dynamic year in 2023, focusing on core businesses, achieving strong financial results, and demonstrating expertise in fundraising. While facing regulatory challenges and capital allocation uncertainties, the firm remains committed to client service excellence and operational efficiency.

Goldman Sachs excels in Q1 with record assets and strategic focus

Goldman Sachs delivers strong Q1 results, driven by growth in Asset & Wealth Management and Global Banking & Markets segments, with a focus on innovation and client trust.
Challenges in regulatory changes and transaction banking expansion require strategic adjustments, while opportunities in capital markets and client relationships offer avenues for growth.
The firm's commitment to sustainable dividend growth, capital deployment flexibility, and profitability underscores a balanced approach to value creation and strategic execution.
Overall, Goldman Sachs showcases resilience in a dynamic market environment, positioning itself for continued growth and profitability through strategic focus and client-centric initiatives.

Goldman Sachs excels in Q2 with record revenues and strategic growth

Goldman Sachs reported strong financial results, showcasing growth in key segments and effective capital management.
Despite challenges from geopolitical instability and regulatory engagement, the firm remains well-positioned to navigate uncertainties.
The focus on innovation, client relationships, and financial discipline underpins Goldman Sachs' resilience and competitive edge.
Strategic initiatives in fundraising, shareholder returns, and technology adoption position the firm for sustainable growth and value creation.

Goldman Sachs reports robust Q3 earnings, eyes growth amid regulations

Goldman Sachs delivered strong financial performance in Q3 2024 across its segments, particularly excelling in Global Banking & Markets and Asset & Wealth Management. While facing regulatory challenges, the company is proactively managing capital deployment and focusing on strategic initiatives for growth and margin improvement.

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The Goldman Sachs Group, Inc. (NYSE:GS ) Q1 2024 Earnings Conference Call April 15, 2024 9:30 AM ET Company Participants David Solomon - Chairman and Chief Executive Officer Denis Coleman - Chief Financial Officer Conference Call Participants Glenn Schorr - Evercore Ebrahim Poonawala - Bank of America Christian Bolu - Autonomous Research Betsy Graseck - Morgan Stanley Brennan Hawken - UBS Mike Mayo - Wells Fargo Securities Steven Chubak - Wolfe Research Devin Ryan - Citizens JMP Securities Matt O'Connor - Deutsche Bank Saul Martinez - HSBC Operator Good morning. My name is Katie and I will be your conference facilitator today.

The Goldman Sachs Group, Inc. (GS) Q1 2024 Earnings Call Transcript

Goldman's (GS) Q1 earnings reflect higher revenues in all segments. However, challenges emerge with higher expenses and provisions.

Goldman (GS) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

Today's Retail Sales headline more than doubled expectations: +0.7% from the +0.3% consensus estimate.

Retail Sales, Goldman Sachs Outperform Expectations

Goldman Sachs is expecting the development of artificial-intelligence technologies to create strong demand for infrastructure that will require financing and thus become a major tailwind for its business.

Goldman CEO expects AI to create financing boom due to demand for infrastructure

Shares of Wall Street banking giant Goldman Sachs (GS) surged more than 4% in intraday trading Monday following the release of a first-quarter earnings report that handily beat analyst expectations on the back of booming investment banking revenue.

Goldman Sachs Stock Surges as Investment Banking Boosts Earnings Above Estimates

While the top- and bottom-line numbers for Goldman (GS) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Goldman (GS) Q1 Earnings: A Look at Key Metrics

Options traders are loading up on Goldman Sachs Group Inc  (NYSE:GS) today, following the blue-chip bank's trip to the earnings confessional.

Options Bulls Blast Goldman Sachs Stock After Earnings

Goldman Sachs recorded a 28% surge in quarterly profits — topping Wall Street's expectations thanks to surprising strength in the bank's trading and investment banking operations. The Wall Street giant said Monday its first quarter earnings jumped to $4.13 billion.

Goldman Sachs reports surprise profit surge thanks to strong trading, dealmaking

Revenue from investment banking and trading, the bank's traditional powerhouses, surged.

Wall Street Powers Goldman to Higher Quarterly Earnings

Goldman Sachs Physical Gold ETF

GraniteShares Gold Shares

Invesco DB Precious Metals Fund

Invesco DB Gold Fund

SPDR Gold Trust

SPDR Gold MiniShares Trust

iShares Gold Trust

VanEck Merk Gold Trust

Aberdeen Standard Gold ETF Trust

ProShares Ultra Gold

Gold recent resurgence has further to run according to Goldman Sachs, which has upped its price target for the year end to US$2,700 per ounce from US$2,300 previously. Traditionally, gold's valuation has been closely linked to real interest rates, growth expectations, and the strength of the US dollar, sys the broker.

Gold price going still higher in uncertain times, says Goldman Sachs

Goldman Sachs (GS) came out with quarterly earnings of $11.58 per share, beating the Zacks Consensus Estimate of $8.54 per share. This compares to earnings of $8.79 per share a year ago.

Goldman Sachs (GS) Q1 Earnings and Revenues Top Estimates

Futures contracts have US stocks tipped to open higher today after Wall Street ended last week on a bum note due to lacklustre performances from Big Bank stocks. However, things could turn in the right direction today as Goldman Sachs smashed expectations for first-quarter revenues and earnings, with its trading teams delivering record numbers.

Wall Street to open higher, Goldman Sacks beats forecasts

Revenue from investment banking and trading, Goldman's traditional powerhouses, surged.

Wall Street Powers Goldman Sachs to Sharply Higher First-Quarter Earnings

Goldman Sachs stock spiked early Monday after the Dow Jones banking giant posted a 32% earnings increase, cleared revenue forecasts.

Goldman Sachs Surges On Blowout Earnings Report

Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) smashed Wall Street expectations for first-quarter revenues and earnings as its trading teams delivered record numbers. Net revenues of $14.21 billion came in 16% higher than a year ago and up 26% on the fourth quarter of last year, also well above the $12.92 billion consensus forecast, per LSEG.

Goldman Sachs smashes Wall Street expectations as investment banking thrives

Goldman Sachs reported first-quarter earnings on Monday that trounced Wall Street's forecasts. The investment bank generated over $14 billion in net revenue and $11.58 in earnings per share.

Goldman crushes revenue and earnings forecasts as investment-banking fees soar

Goldman Sachs Group (NYSE: GS), a leading global financial institution, has surpassed earnings expectations in its first-quarter financial results for 2024, showcasing robust performance across its various segments. The company reported net revenues of $14.21 billion and net earnings of $4.13 billion for the quarter ended March 31, 2024.

Goldman Sachs surpasses Q1 earnings expectations, reports $14.21B in net revenues

Goldman Sachs Group Inc.'s stock GS, -2.01% rose 3.6% in premarket trade Monday, after the bank . The New York-based bank posted net income of $3.93 billion, or $11.58 a share, for the quarter, up from $3.09 billion, or $8.79 a share, in the year-earlier period.

Goldman Sachs's stock soars 3.6% after earnings crush estimates

Goldman Sachs on Monday posted first-quarter profit and revenue that topped analysts' expectations, fueled by a surge in trading and investment banking revenue. The bank said profit jumped 28% to $4.13 billion, or $11.58 per share, from the year earlier period, thanks to a rebound in capital markets activities

Goldman Sachs tops first-quarter estimates fueled by trading, investment banking

Goldman Sachs profit rose 28% in the first quarter, buoyed by a recovery in debt underwriting and dealmaking that boosted its investment banking unit, it reported on Monday.

Goldman Sachs profit jumps 28% on investment banking strength

The investment bank follows a string of lackluster results from U.S. banks last week.

Goldman Sachs Prepares to Release Earnings After Rival Banks Set Sullen Tone

Bank of America

Citigroup

JPMorgan Chase & Co

Morgan Stanley

Wells Fargo

The uncertain trajectory of interest rates is making it hard for U.S. banks to forecast profits and leading some to adopt a cautious stance for the remainder of the year.

US banks' profit picture less clear with cloudy rates trajectory

Goldman's (GS) Q1 results are expected to reflect the impacts of modest loan demand, leading to NII growth and a recovery in the IB business.

IB, Market Making Revenues to Aid Goldman's (GS) Q1 Earnings

Blackrock Inc

Netflix

NVIDIA

Taiwan Semiconductor Manufacturing

Amid banking behemoth Goldman Sachs (NYSE: GS) suggesting that trouble was brewing in the stock market as hedge funds in the United States have been selling stocks at the fastest rate in three months and replacing them with short positions, the bearish sentiment is evident in yet another indicator.

Stock market crash inevitable? Insider buying plummets to lowest in decade

Nasdaq Composite Closes At All-Time Highs. Bank Stocks Get Earnings Started. Gold And Silver Continue Rallying.

News for Goldman Sachs Stock (GS)