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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

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Earnings data Q1 2024

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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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Randi Christiansen, CEO & Co-Founder of Nécessaire, Among the Most Exceptional Entrepreneurs at 2023 Builders and Innovators Summit LOS ANGELES , Oct. 20, 2023 /PRNewswire/ -- Today, Goldman Sachs (NYSE:GS) is recognizing Nécessaire and CEO & Co-Founder Randi Christiansen as one of the Most Exceptional Entrepreneurs of 2023 at its Builders and Innovators Summit in Healdsburg, California. Goldman Sachs selected Christiansen from multiple industries to be honored at the two-day event.

Nécessaire Honored by Goldman Sachs for Entrepreneurship

Britain's challenger banks are trouncing their high street rivals when it comes to customer satisfaction, a new survey has found. Consumer group Which?

Challenger banks score well in satisfaction survey as big lenders struggle

Bank of America

Today's market is more treacherous than ever; this is not your father's - or even your grandfather's - business cycle; it is a new battlefield out there. Previously, when uncertainty became present throughout markets, information took weeks and sometimes months to dissipate and begin to move assets accordingly; today, it is almost instant.

Commercial Vs Investment Bank, Two Powerhouses Have THIS To Say

Citigroup

Morgan Stanley

Wells Fargo

Staffing levels at some of America's biggest banks are reportedly getting smaller. Aside from the country's largest lender, JPMorgan Chase, the five biggest banks in the U.S. have quietly been cutting jobs all year, CNBC reported Thursday (Oct. 19.

Biggest Banks Cut 20,000 Jobs Amid High Interest Rates

SAN FRANCISCO--(BUSINESS WIRE)-- #ai--Today, Goldman Sachs (NYSE:GS) is recognizing Viz.ai CEO and Co-founder Chris Mansi, MD as one of the Most Exceptional Entrepreneurs of 2023 at its Builders and Innovators Summit in Healdsburg, California. Goldman Sachs selected Dr. Mansi from multiple industries to be honored at the two-day event. Dr. Chris Mansi was inspired by a patient who underwent a successful brain surgery and yet died because the surgery came too late. Frustrated by the unnecessary delays.

Viz.ai Honored by Goldman Sachs for Entrepreneurship

Blackrock Inc

Icahn Enterprises

Today's market is not the one you inherited many years ago; this is entirely different. With giants like BlackRock NYSE: BLK and The Goldman Sachs Group NYSE: GS guiding their own ships toward a mix of yield and liquidity and away from what seems to be overvalued stocks, you, too, can adjust accordingly.

3 High Dividend Stocks To Beat Treasury Yields

Job losses in finance could pressure the broader U.S. labor market in 2024. Faced with rising defaults on loans, lenders are poised to make deeper cuts.

Big banks are quietly cutting thousands of employees, and more layoffs are coming

SAN FRANCISCO , Oct. 19, 2023 /PRNewswire/ -- Goldman Sachs (NYSE:GS) recognized Censia Talent Intelligence's CEO, Joanna Riley, as one of the Most Exceptional Entrepreneurs of 2023 at its Builders and Innovators Summit in Healdsburg, California. Goldman Sachs selected Riley from a pool of candidates across various industries for the two-day event.

Censia Honored by Goldman Sachs for Entrepreneurship; Joanna Riley, CEO Among the Most Exceptional Entrepreneurs at 2023 Builders and Innovators Summit

OBB Media Honored For Entrepreneurship by Goldman Sachs at 2023 Builders & Innovators Summit NEW YORK , Oct. 18, 2023 /PRNewswire/ -- Today, Goldman Sachs (NYSE: GS) is recognizing OBB Media's Founder, President and CEO, Michael D. Ratner, with an award as one of the 100 Most Exceptional Entrepreneurs of 2023 at its Builders and Innovators Summit in Healdsburg, California.

Michael D. Ratner -- Founder, President and CEO of OBB Media -- Named To Goldman Sachs Top 100 Most Exceptional Entrepreneurs of 2023

Third-quarter earnings show a contrast between the two banks.

Goldman Sachs Is Landing Punches Versus Morgan Stanley. Here's How.

ENCINITAS, Calif.--(BUSINESS WIRE)--Today, Goldman Sachs (NYSE:GS) is recognizing Flock Freight® Founder and CEO, Oren Zaslansky, as one of the Most Exceptional Entrepreneurs of 2023 at its Builders and Innovators Summit in Healdsburg, California. Goldman Sachs selected Zaslansky from multiple industries to be honored at the two-day event. Oren Zaslansky is the founder and CEO of Flock Freight, a FreightTech company creating a smarter, more sustainable supply chain in today's $8.2 trillion glob.

Flock Freight® Founder and CEO Oren Zaslansky Recognized as a Top Entrepreneur by Goldman Sachs at the 2023 Builders and Innovators Summit

HERNDON, Va.--(BUSINESS WIRE)--Nacha announced today that Goldman Sachs has joined its growing community of Direct Members. Nacha now has 46 Direct Members, consisting of financial institutions and Payments Associations. "We look forward to working closely with Goldman Sachs to advance and promote the modern ACH Network," said Jane Larimer, President and CEO of Nacha. Nacha's Direct Membership program provides financial institutions and organizations with a unique opportunity to shape the futur.

Nacha Welcomes Goldman Sachs as Latest Direct Member

Prashant Bhuyan, CEO and Co-Founder, Accrete AI, Among the Most Exceptional Entrepreneurs at 2023 Builders and Innovators Summit NEW YORK , Oct. 18, 2023 /PRNewswire/ -- Today, Goldman Sachs (NYSE:GS) is recognizing Accrete AI CEO and Co-Founder Prashant Bhuyan as one of the Most Exceptional Entrepreneurs of 2023 at its Builders and Innovators Summit in Healdsburg, California. Goldman Sachs selected Prashant from multiple industries to be honored at the two-day event.

Accrete AI Honored by Goldman Sachs for Entrepreneurship

Jefferies analyst Daniel Fannon on Wednesday cut his fourth-quarter earnings estimate for Goldman Sachs Group Inc. but kept a buy rating and boosted his outlook for the bank's 2024 profit.

Goldman's profit estimates trimmed by Jefferies analyst after third-quarter report

SAN FRANCISCO , Oct. 18, 2023 /PRNewswire/ -- Today, Goldman Sachs (NYSE:GS) is recognizing Rescale  Founder and CEO, Joris Poort, as one of the Most Exceptional Entrepreneurs of 2023 at its Builders and Innovators Summit in Healdsburg, California.  "We're delighted to recognize Joris Poort as one of the most exceptional entrepreneurs" - David Solomon, Goldman Sachs Goldman Sachs selected Poort from multiple industries to be honored at the two-day event.

Rescale Honored by Goldman Sachs for Entrepreneurship, Joris Poort, Founder and CEO, Among the Most Exceptional Entrepreneurs at 2023 Builders and Innovators Summit

TAMPA, Fla.--(BUSINESS WIRE)--Today, Goldman Sachs (NYSE:GS) is recognizing ReliaQuest founder and CEO Brian Murphy as one of the Most Exceptional Entrepreneurs of 2023 at its Builders and Innovators Summit in Healdsburg, California. Goldman Sachs selected Murphy from multiple industries to be honored at the two-day event. Murphy is founder and CEO of ReliaQuest, one of the largest and fastest growing companies in the global enterprise cybersecurity market. ReliaQuest increases visibility, redu.

ReliaQuest Founder and CEO Honored by Goldman Sachs for Entrepreneurship 

SAN FRANCISCO--(BUSINESS WIRE)--At-Bay Honored by Goldman Sachs for Entrepreneurship.

At-Bay Honored by Goldman Sachs for Entrepreneurship

JPMorgan Chase & Co

Investors should be very cautious, two leading Wall Street CEOs warned on recent earnings calls. JPMorgan's Jamie Dimon cautioned the boost to portfolios from public policy wouldn't last.

JPMorgan's Dimon and Goldman's Solomon warn investors to be 'cautious' and 'vigilant' as economic risks mount and conflicts rage

Goldman Sachs and Bank of America have announced a markedly opposite set of financial results as the run of bank earnings calls continues.

Goldman Sachs Profit Falls 36% As Bank Of America Notches Earnings Beat

Goldman Sachs reported its third-quarter earnings for 2023 on Tuesday (Oct. 17). The company achieved net revenues of $11.8 billion and net earnings of $2.1 billion.

Goldman Sachs Reports Q3 Earnings of $11.8 Billion

The Goldman Sachs Group, Inc. (NYSE:GS ) Q3 2023 Earnings Conference Call October 17, 2023 9:30 AM ET Company Participants David Solomon - Chairman and Chief Executive Officer Denis Coleman - Chief Financial Officer Conference Call Participants Glenn Schorr - Evercore ISI Ebrahim Poonawala - Bank of America Christian Bolu - Autonomous Research Steven Chubak - Wolfe Research Brennan Hawken - UBS Mike Mayo - Wells Fargo Ryan Kenny - Morgan Stanley Devin Ryan - JMP Securities Daniel Fannon - Jefferies Gerard Cassidy - RBC Saul Martinez - HSBC Operator Good morning. My name is Taryn and I will be your conference facilitator today.

The Goldman Sachs Group, Inc. (GS) Q3 2023 Earnings Call Transcript

Johnson & Johnson

Retail Sales infer a consumer willing to spend, and the outlook for Q3 GDP is likely up somewhat on this news.

Retail Sales Hotter at +0.7%; JNJ, BAC, GS All Beat in Q3

Strong FICC financing revenues and strength in the consumer banking business support Goldman's (GS) Q3 earnings. High expenses and a decline in revenues create headwinds.

Goldman (GS) Q3 Earnings Beat Estimates, Revenues Fall Y/Y

It's the eighth straight quarter the bank has seen a year-over-year profit decline.

Goldman Sachs' profit plummeted 33% in the third quarter

Although the revenue and EPS for Goldman (GS) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

News for Goldman Sachs Stock (GS)