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

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Occupancy

Professional fees

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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.

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Free cash flow

Morgan Stanley

Goldman Sachs Group Inc. and Morgan Stanley were quick to move large blocks of assets before other large banks that traded with Archegos Capital Management, as the scale of the hedge fund's losses became apparent, according to people with knowledge of the transactions. The strategy helped limit the U.S. firms' losses in last week's epic stock liquidation, they said.

Goldman, Morgan limit losses linked to Archegos

Credit Suisse

Nomura Holdings

Goldman and Morgan Stanley had already finished unloading their positions when rivals announced they faced steep losses tied to a hedge fund implosion.

How Goldman and Morgan Stanley avoided losses after fund meltdown burned Nomura, Credit Suisse

A massive selloff sparked by derivative trades made by Archegos Capital Management is wreaking havoc on Wall Street.

How Goldman And Other Wall Street Giants Loaned Billions To Someone Who Traded Like A Meme Stock Gambler

Deutsche Bank

The weakness in ViacomCBS triggered a chain of events where brokers rushed to exit the positions on Archegos' behalf and resulted in a massive margin call.

How Archegos' $20 billion move to flee certain names led to banks' share prices tumbling

Shareholders of Goldman Sachs argued at the Supreme Court that they should be allowed to sue the investment banking giant over generic statements.

Supreme Court considers whether shareholders can sue Goldman Sachs over generic statements

U.S. Supreme Court justices on Monday struggled in a case involving Goldman Sachs Group Inc over how judges should determine when shareholders can collectively sue publicly traded companies for fraudulent statements that keep their stock prices artificially high.

In Goldman securities case, U.S. Supreme Court wrestles over investor class actions

Barclays

Several global investment banks are facing huge losses after US hedge fund Archegos Capital defaulted on a margin call. The margin call follows around a US$20bn ‘fire sale' of individual stocks late on Friday, including block trades of ViacomCBS (NASDAQ:VIACA), Discovery (NASDAQ:DISCA), GSX Techedu (NYSE:GSX) and other Chinese tech companies, now thought to have been made by Archegos after it suffered significant losses.

Goldman Sachs and other big banks tumble over hedge fund default

Discovery

ViacomCBS

Discovery Communications

Here in the U.S., market futures are down: the Dow looks to open -180 points, the Nasdaq -40 and the S&P 500 -20.

Archegos Margin Call Causes Market Ripples

Several global investment banks are facing huge losses after US hedge fund Archegos Capital defaulted on a margin call. The margin call follows around a US$20bn ‘fire sale' of individual stocks late on Friday, including ViacomCBS, Discovery, GSX Techedu and other Chinese tech companies, now thought to have been made by Archegos after it suffered significant losses.

Goldman Sachs and other investment banks tumble over US margin call default

Goldman Sachs Group on Monday assuaged client and investors concerns, telling them that any loss incurred following the billion-dollar stock selling spree of  Archegos Capital Management is likely to be immaterial, a source told Bloomberg. The investment bank's loans to Archegos were fully collateralized, Goldman said. In addition, the New York-based investment bank said it was among the first to reduce its exposure and has therefore exited most of its positions in relation to Archegos, a source told Bloomberg.

Goldman Sachs says its losses are 'immaterial' even as rivals warn of billion-dollar losses following Archegos liquidation

Bank of America

Citigroup

Capital One

JPMorgan Chase & Co

Wells Fargo

Restrictions imposed on major banks like Capital One (COF), Wells Fargo (WFC), JPMorgan (JPM), Citi (C), Morgan Stanley (MS), Goldman (GS) & BofA (BAC) will likely end after the results for 2021 stress test come out.

Restrictions on Major Banks' Dividend & Buybacks to End in June

Stocks were under pressure Monday as investors weighed the news that a U.S.-based hedge fund facing a large margin call caused major selloffs in certain stocks last week.

Morgan Stanley and Goldman Sachs Stock Drop. The Stock Market Is Set to Open Lower.

UBS Group AG

Bank stocks like CS stock and NMR stock are stumbling this morning as Wall Street processes what happened with Archegos Capital. The post CS, GS, NMR, MS, DB, UBS: Why Bank Stocks Are Stumbling This Morning appeared first on InvestorPlace.

CS, GS, NMR, MS, DB, UBS: Why Bank Stocks Are Stumbling This Morning

Recent events relating to Archegos Capital may present a buying opportunity.

Bullish On Goldman Sachs Despite Archegos Capital Episode

The Federal Reserve will end its restrictions on bank dividends and buybacks for most institutions on June 30 as long as they pass the current round of stress tests, the central bank announced Thursday.

The Fed will lift restrictions on dividends and buybacks for most banks after June 30

Despite the dire economic scenario, banks proved resilient during the crisis.

Bank Stocks Rally as Fed Sets End for Capital Return Restrictions

The restrictions will end as long as banks' capital levels remain above their regulatory requirements following this year's stress testing.

Fed to End Restrictions on Bank Dividends and Share Repurchases on June 30

The Federal Reserve said temporary limits on dividend payments and share buybacks will end for most banks after June 30, following the completion of annual stress tests to determine their resilience to a hypothetical downturn.

The Wall Street Journal: Fed says limits on payouts, share buybacks to end for most banks after June 30

Big U.S. banks are on track to produce blockbuster first-quarter profit gains, but enthusiasm might fade when investors look under the hood.

U.S. bank profits may leap, then fade, as investors look under the hood

If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Goldman Sachs (GS).

Can Goldman Sachs (GS) Stock Continue to Grow Earnings?

Bank stocks could jump as much as 45% on various macroeconomic factors, from a steepening yield curve to attractive relative valuation that supports the sector's outperformance, according to Morgan Stanley. In a note published on Wednesday, the bank listed five factors that could drive the cohort higher, especially on the expectation of a rotation to value stocks rotation continuing in the near term.

Bank stocks could jump 45% on rising bond yields and attractive relative value, Morgan Stanley says

CBRE Group

IDEXX Laboratories

Owens Corning

Toll Brothers

These top-ranked stocks are likely to beat on the bottom lines in their next releases.

5 Best Stocks Likely to Beat Earnings Estimates

Large-cap bank stocks have the headroom to rise 21% as buy-rated lenders benefit from repairing in the US economy from the COVID-19 health crisis and an accompanying increase in borrowing rates, says Bank of America. In a note published Tuesday, BofA increased its price objectives on banks by 11%, outlining a 21% implied upside for larger companies and a 20% upside for small and mid-cap banks. It pointed out that the KBW Nasdaq Bank Index has gained more than 50% since early November when Pfizer announced the creation of a coronavirus vaccine and is up about 20% so far in 2021. "[But] we think the sector has room to run," said BofA.  Among the calls, the target on JPMorgan Chase shares was pushed up to $181 from $163, with a potential gain of 20% from Monday's close at just below $151. The "economic recovery is fast gaining steam, and will be likely turbocharged by the recently passed $1.9 trillion stimulus plan," said BofA analysts led by Erika Najarian in a note about the higher price objectives. Also, BofA's rates strategists have upwardly revised their year-end forecast on the 10-year Treasury yield to 2.15% from 1.75%.  The US government has been sending $1,400 checks to most Americans as part of the stimulus package. Bank of America foresees 2021 economic growth of 6.5% with an upward bias. Meanwhile, investors pricing in the potential for hotter inflation stoked by economic growth have propelled the 10-year yield to 14-month highs, past 1.7%. The 10-year yield and other long-dated Treasury yields are tied to mortgages, auto loans and other lending programs and banks can earn more from loans as those rates increase. Wells Fargo's price objective was lifted to $43 from $39, indicating a 10% increase from Monday's settlement  Citigroup's target was unchanged at $100 but still implies a 39% gain.  BofA said banks during recent conversations ahead of their quiet period before earnings, "suggest a continued upward bias to consensus estimates," even though there are expectations for "softer net interest income trends" in the first quarter. That view stems from stronger liquidity levels "as solid deposit growth continues to outpace loan growth near-term." "It's early in the bank renaissance," said BofA. "Perhaps the most important takeaway to emerge from the economic shock of the pandemic is that it finally proved that banks had transformed themselves from the Global Financial Crisis, with all banks under coverage remaining profitable for full-year 2020, even with an accelerated increase in loan loss reserves," the analysts said. "This should effectively lower the cost of equity the markets assign to banks in recovery."

Big bank stocks could rise by another 21% in a 'renaissance' for the sector supported by economic recovery, says Bank of America (C, JPM, WFC)

Goldman Sachs' CEO says the bank will strengthen enforcement of its "Saturday rule" and speed up hiring of junior bankers after a group of analysts described "inhumane" working conditions, including 95-hour weeks and instances of workplace abuse.

Goldman Sachs CEO responds to analyst survey describing 'inhumane' workplace

Goldman Sachs addressed junior bankers' complaints over heightened workloads.

News for Goldman Sachs Stock (GS)