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

JPMorgan Chase & Co

Morgan Stanley

Wells Fargo

Bank stocks have gained on largely positive earnings results. But firms are bracing for hits from commercial real estate and other losses.

Bank Stocks: Earnings Largely Positive, Except For This Red Flag

ASML Hld

Baker Hughes Co

Halliburton

U.S. Bancorp

The June-quarter earnings reporting started with a bang Friday, but there is a pause until Tuesday morning, when we shall hear results from Bank of America, BNY Mellon, Charles Schwab, Lockheed Martin and Morgan Stanley.

Earnings Previews: ASML, Baker Hughes, Goldman Sachs, Halliburton, US Bancorp

Pfizer

Philip Morris

In retirement, investors need income and stability. While bonds provide income, they might lack adequate appreciation to grow an investor's nest egg.

3 Cheap Retirement Stocks for Your July Must-Buy List

Salesforce

Visa

Although acquiring shares of companies listed in the Dow Jones Industrial Average tends to be a smart wager, shifting economic circumstances might raise a cloud of suspicion over certain doomed Dow stocks to avoid. To be 100% clear, this list represents a mental exercise based on forward circumstances that may or may not materialize.

3 Doomed Dow Stocks Destined for Disaster

JPMorgan Chase & Co. Chief Executive Jamie Dimon on Friday said the U.S. economy was basically doing OK, even if customers were spending “a little more slowly.”

The nation's biggest banks are gearing up for more consumer struggles ahead

Blackrock Inc

BlackRock is the world's largest asset manager and thrives when the stock market does. Goldman Sachs is a leading investment banker that should fly when the M&A market rebounds.

Bull Market Buys: 2 Stocks Just Waiting to Soar

Some of the largest U.S. banks got a profit boost from higher interest rates and pointed to early signs of recovery in investment banking but warned that the economy was slowing and losses would increase in commercial real estate.

U.S. banks point to resilient but slowing economy, flag risks ahead

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Blackstone Group

Big U.S. banks kick off second-quarter earnings on Friday, with investors bracing for a subsequent wave of borrowing in the bond market from America's top lenders.

JPMorgan, Citi and Wells earnings to unleash borrowing blitz by banks

Goldman Sachs Group Inc (NYSE:GS) is among the bank names that will announce second-quarter earnings next week, with its report slated for release before the open on Wednesday, July 19.

Options Traders Bullish on Bank Stock Before Earnings

Liquid Death, a canned water company with the tagline ‘murder your thirst', has hired Goldman Sachs (NYSE:GS) for a potential initial public offering (IPO) as soon as the spring of 2024, The Information.com reported late Wednesday. According to Liquid Death board member Peter Pham, the Millennial and Gen Z targeted beverage brand was valued at $700 million in a $70 million financing round led by Science Ventures last year.

Liquid Death beverage company taps Goldman Sachs for IPO

SoFi Technologies

Bank stocks are on investors' radar after the recent Federal Reserve stress tests and previous issues with regional banks. Despite all that, many bank stocks have been trading well.

Why These 3 Stocks Are the Best Ways to Play Banks Right Now

Banking sector earnings can tell us a thing or two about the state of the economy.

2 Things to Watch as Banks Enter Earnings Season

Odeon Capital analyst Richard Bove on Thursday upgraded Goldman Sachs Group Inc. GS, +1.72% stock to buy from hold as investors look beyond what's expected to be a rocky second-quarter update from the investment bank on July 19. Even with losses in the stock since its November high of $388.86 to about $326 now, it's still selling at a 2% premium to book value even as others trade at discounts to net worth, Bove said.

Odeon Capital upgrades Goldman Sachs to buy from hold

Supplying Demand Inc., the Santa Monica, Calif.-based parent of millennial beverage brand Liquid Death Inc., is working with Goldman Sachs Group Inc. GS, +1.72% on an initial public offering for 2024, The Information reported on Wednesday.

Liquid Death taps Goldman Sachs for initial public offering: Report

Investors have wondered about banks' ability to return capital to shareholders due to the challenging environment. Most banks have also been preparing for higher capital requirements, which has made them cautious about their capital return plans.

3 Bank Stocks Hiking Their Dividends at Least 10%

Slump in trading, and muted merger and acquisition volumes are expected to have affected Goldman's (GS) Q2 earnings amid rising expenses.

Muted Trading, IB Revenues to Ail Goldman's (GS) Q2 Earnings

Goldman (GS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Goldman Sachs (GS) to Report a Decline in Earnings: What to Look Out for

Goldman is bracing for an earnings report due out next week that will likely show a sharp drop in quarterly profits, according to a report.

Goldman Sachs has reportedly warned Wall Street about its tanking profits

Fintel reports that on July 10, 2023, Societe Generale downgraded their outlook for Goldman Sachs Group (NYSE:GS) from Buy to Hold.

Societe Generale Downgrades Goldman Sachs Group (GS)

JP Morgan kicks off earnings season this Friday July 14th. Goldman Sachs does not report until next week July 19th.

Bank Earnings Analysis: JP Morgan versus Goldman Sachs

Jefferies analyst Daniel Fannon on Tuesday cut his earnings estimates for Goldman Sachs Group Inc. GS, +0.41% and Morgan Stanley MS, +0.05% ahead of second-quarter updates from the banks in coming days. Citing a decline in investment banking and sales and trading, Fannon lowered his second-quarter profit view for Goldman Sachs by 56% to $3.82 a share, below the latest consensus estimate of $4.73 a share, as compiled by FactSet.

Jefferies slashes earnings estimates for Goldman and Morgan Stanley ahead of earnings updates next week

Wall Street banks are expected to report higher profits for the second quarter as rising interest payments offset a downturn in dealmaking.

US banking giants to report higher profits even as dealmaking drags

PacWest Bancorp

Western Alliance Bancorporation

Zions Bancorp

JPMorgan Chase & Co., Wells Fargo & Co. and Citigroup Inc. kick off second-quarter earnings season Friday after one of the choppiest three-month periods for the banking sector since the global financial crisis.

Megabank profits on tap after eventful Q2 of bank failures and climbing interest rates

Bank of Hawaii

The market is having a tremendous year so far in 2023, with the S&P 500 up nearly 15%. However, bank stocks have missed out on the party.

News for Goldman Sachs Stock (GS)