Revenue segments as reported by the company.

Investment banking

Investment management

Commissions and fees

Market making

Other principal transactions

Net interest income

Revenue Segments

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

Operating Margin

Profit Margin

Margins

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

Provision for credit losses

Compensation and benefits

Transaction based

Market development

Communications and technology

Depreciation and amortization

Occupancy

Professional fees

Other expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Bank of America

Citigroup

Capital One

JPMorgan Chase & Co

All 23 banks have passed the Federal Reserve's 2023 stress test. Yet, the banks, expected to announce capital plans on Friday, will likely be a little conservative this time.

Banks to be Conservative Despite Passing 2023 Stress Test

Huntington Bancshares

Morgan Stanley

M&T Bank

Charles Schwab

Western Alliance Bancorporation

Wells Fargo

Zions Bancorp

Bank stocks rose early Thursday after the Federal Reserve announced its 2023 stress test results Wednesday for a hypothetical "severe" recession.

JPMorgan, Wells Fargo Lead, Bank Stocks Climb, After Federal Reserve Stress Test

The Russell 2000 small-cap index could outperform the S&P 500 over the next 12 months, according to analysts at Goldman Sachs (NYSE:GS). In a report published Wednesday, Goldman analysts wrote that the Russell 2000 should gain 14% over the next year while projecting a 9% gain for the S&P 500 for the same period.

Russell 2000 small-cap index could outperform S&P 500 in next year, Goldman Sachs analysts say

The largest US banks have demonstrated sufficient resilience to withstand a severe recession while maintaining lending to households and businesses, according to the Federal Reserve's annual bank resilience test conducted on Wednesday. The importance of the stress tests was heightened this year following the collapse of three US banks, which sent shockwaves through the banking system.

Federal Reserve stress test shows US banks resilient in face of recession

Big U.S. banks' commercial real estate portfolios put in a surprisingly good performance during the Federal Reserve's annual health checks, with losses declining slightly on last year, the central bank said on Wednesday.

Factbox: Big banks stand strong against Fed's commercial real estate gloom

Citizens Financial Group

U.S. Bancorp

Among the top performers were Charles Schwab Corp. and Deutsche Bank's U.S. operations, while regional lenders Citizens Financial Corp. and US Bancorp were the laggards of the pack.

US banks shrug off turmoil to ace Fed's annual health checks

(Kitco News) - All 23 of the U.S. biggest banks are well positioned to weather a severe recession scenario and continue to provide lending to households and businesses, the Federal Reserve said in its annual bank stress test.

U.S. biggest banks can weather severe recession: Fed's annual bank stress test

Big U.S. banks sailed through the Federal Reserve's annual health check on Wednesday, in a vote of confidence for the sector that is still recovering from turmoil earlier this year and faces an uncertain economic outlook.

US banks ace Fed's annual health checks despite recent turmoil

PNC Financial Services

Truist Financial

UBS Group AG

Begun in the aftermath of the 2008 financial crisis, the Fed's annual stress test dictates how much capital the industry can return to shareholders.

Federal Reserve says 23 biggest banks weathered severe recession scenario in stress test

The Federal Reserve is set to release the results from its annual bank stress test on Wednesday after US markets close. The tests, born out of the Great Recession, are undertaken in order to determine if the nation's largest banks can withstand a severe economic downturn.

The Fed is about to reveal how safe America's biggest banks are after the crisis earlier this year

The U.S. Federal Reserve is due to release the results of its annual bank health checks on Wednesday at 4:30 p.m. ET (2030 GMT).

Explainer: How does the Fed stress test US banks?

Becton, Dickinson and Co.

Danaher

General Dynamics

General Motors

Roper Technologies

Looking for undervalued blue-chip stocks to buy? This is a great time to be doing so.

The 7 Most Undervalued Blue-Chip Stocks to Buy Now: June 2023

Goldman Sachs shares have declined by 25.01% since August 2021 and are currently trading at a 3.19% premium to book value and 9.81 times 2023 projected earnings. GS has a strong history of rewarding shareholders through buybacks and increasing dividends, with an 11-year streak of annual dividend increases and a 25.07% reduction in shares outstanding over the past decade. The company's future prospects look promising, with potential for increased revenue from brokerage commissions, trading and principal transactions, and asset management fees, as well as benefiting from IPO and M&A activity.

Goldman Sachs Looks Interesting, Yielding 3.18%, Going Into The Second Half Of 2023

ICYMI: This is the last week of 10 Things on Wall Street. You can still get me in your inbox each day, though — I'll be the new senior editor and anchor of our flagship newsletter, Insider Today.

A new addition to Goldman Sachs' board could be a lifeline, or threat, to CEO David Solomon

Robinhood

Second quarter layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first quarter of 2023.

2023 Layoff Tracker: KPMG, Robinhood, Goldman Sachs Reportedly Cutting Hundreds

Goldman Sachs Group Inc.'s GS, -0.23% stock is down about 0.1% to $314.52 a share on Monday. If that dollar level holds at the closing bell, Goldman Sachs' stock would be at its lowest level since March 24 when it closed at $312.57 a share, according to Dow Jones Market Data.

Goldman Sachs stock down for sixth straight day

Goldman Sachs (GS) is firing 125 MD positions across the globe amid a significant slowdown in the IB divisions.

Goldman Sachs (GS) Fires 125 Managing Directors Globally

Goldman (GS) is expected to see a notable writedown for the sale of its consumer lending platform, GreenSky.

Goldman (GS) Likely to See Notable Writedown on GreenSky Sale

Tom Montag will be the first banker appointed to Goldman's board under CEO David Solomon, who hasn't been winning popularity contests with the rank and file since helming multiple waves of layoffs.

David Solomon ally Tom Montag expected to get seat on Goldman board amid layoffs

Goldman Sachs Group Inc plans to add former Bank of America executive Tom Montag to its board, a person familiar with the matter said on Monday, as Goldman's leadership faces challenges over its strategy.

Goldman Sachs taps former BofA executive Tom Montag for board -source

Large banks, including Goldman, Bank of America, Morgan Stanley, JPMorgan and Citigroup, will be in spotlight as the Fed releases 2023 stress test results later this week.

How are 23 Large Banks Going to Fare in 2023 Stress Test?

Goldman Sachs board plans to tap Tom Montag to join, Bloomberg reports. Montag was a divisive figure when leading Bank of America's investment bank.

Ex-BofA No. 2 Tom Montag said to be in line to join Goldman Sachs board

Goldman Sachs has executed at least three rounds of layoffs in the past year. In the latest, about 125 managing directors will be handed pink slips in an effort to cut costs during a deals slump.

Goldman Sachs to ax 125 managing directors worldwide in latest layoffs

2023 Layoff Tracker: Goldman Sachs Reportedly Cutting Managing Directors

The Federal Reserve will release the results of this year's banking "stress tests" on Wednesday, helping assess the stability of financial instutions.

News for Goldman Sachs Stock (GS)