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

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

Provision for credit losses

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Transaction based

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Year over year growth in Revenue and Operating Expenses.

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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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Free cash flow

The US stock market is witnessing the biggest "short squeeze" in 25 years, forcing hedge funds to withdraw from their positions on stocks at the fastest rate since 2009, according to Goldman Sachs. Last month saw GameStop shares rise more than 1,700%, "squeezing" hedge funds and others who had "shorted" the stock, costing them billions of dollars. A short position is a bet that a share price will fall.

Goldman Sachs: Biggest 'short squeeze' in 25 years caused hedge funds to 'de-gross' at fastest rate since 2009

The MSCI Emerging Market Index is up near 23% in the last year.

Emerging Market Assets Are Near Highs. Goldman Sachs Says Watch These Risk Indicators.

Bank of America

Citigroup

JPMorgan Chase & Co

Morgan Stanley

Wells Fargo

Barclays CEO Jes Staley has compared the pent up demand currently in the global economy to the end of the 1918 flu pandemic and the subsequent "Roaring 20s."

‘Roaring 20s' after the pandemic? Big banks warn be careful what you wish for

U.S. banks pledged billions to charity in 2020 amid the pandemic and calls for racial equity.

U.S. banks pledged billions to charity in 2020 amid the COVID-19 pandemic — what's behind their generosity

Goldman Sachs slashed CEO David Solomon's pay by $10 million as a consequence of the megabank's involvement in the 1MDB corruption case. The Wall Street giant shrank Solomon's cash and stock compensation package to $17.5 million last year from $27.5 million in 2019 after one of Goldman's units pleaded guilty to federal charges over its.

Goldman Sachs CEO David Solomon gets $10M pay cut over 1MDB scandal

iShares U.S. Broker-Dealers & Securities Exchanges ETF

iShares U.S. Financials ETF

iShares US Financial Services ETF

Invesco KBW Bank ETF

Vanguard Financials ETF

Financial Select Sector SPDR Fund

Four big banks reported mixed results while two crushed estimates in the current reporting cycle.

Banking Puts Up a Mixed Show in Q4 Earnings, ETFs Down

Bank decided last year to cut executive pay after settling investigation into corruption scandal

Goldman Sachs cuts pay of chief executive David Solomon by $10m

U.S. investment bank Goldman Sachs on Wednesday lost its fight against an EU cartel fine handed down to its former Italian subsidiary and cable maker Prysmian after Europe's top court said it was liable for the actions of the unit.

Goldman Sachs loses legal fight against EU cartel fine

The pay cut for Solomon reflects prior penalties imposed on the bank and not Solomon's own conduct, the SEC filing said.

Goldman Sachs CEO David Solomon gets $10 million pay cut over bank's role in 1MDB scandal

Goldman Sachs cut chief executive David Solomon's annual compensation by $10 million, or 36%, following a penalty deduction that resulted from the bank's role in a corruption scandal involving a Malaysian investment fund, known as 1MDB.

Goldman Sachs slashes CEO pay by $10 million over massive scandal

Goldman Sachs Group Inc. slashed Chief Executive David Solomon's 2020 pay by 36%, punishment for the bank's admission last year that it broke U.S. laws in its dealings with an investment fund at the heart of a global corruption ring.

The Wall Street Journal: Goldman cuts CEO Solomon's pay by $10 million over 1MDB scandal

Goldman Sachs Chief Executive David Solomon's annual pay fell by $10 million, or 36%, in 2020, according to regulatory disclosures filed Tuesday, reflecting the bank's role in Malaysia's 1MDB scandal.

Goldman Sachs CEO Solomon pays price of 1MDB scandal

U.S. Bancorp

There are two main ways banks can generate revenue, and here's what you need to know.

How Banks Make Money

The biggest banks in the country performed well in the fourth quarter and for the year, benefiting from having lots of cash on hand and from investment vehicles, like SPACs Goldman Sachs, Morgan Stanley, JPMorgan Chase, and Citigroup all benefited greatly from investment banking revenues, much of it coming from SPACs.

Big Banks To Continue To Benefit From All Their Liquidity

Goldman Sachs Group Inc (NYSE: GS) has received a stock price target increase from $357 to $370 by Citi. These are the details.

GS Stock Price: $370 Target (Up From $357) By Citi

Goldman Sachs turned in a good 2020, primarily based upon trading results and investment banking activity, with the fourth quarter producing a 21 percent ROE. David Solomon, CEO of Goldman, has wanted the bank to rely less on these sources, generally quite unstable, but in the current environment he will gladly take the results.

Goldman Sachs Had A Good 2020

Goldman (GS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for Goldman (GS): Will It Gain?

We also dig into fourth-quarter earnings from three big banks.

2 Big Fintech Stories to Watch

Bank stocks could be prevented from adding to recent gains from their pandemic lows, so long as the Federal Reserve keeps its ultra low rate policy in place, which likely limits how much banks can charge on loans they make and potentially pinch profits.

The Tell: Easy Fed policy will keep recovering bank stocks in check, says this analyst

Abercrombie & Fitch

CF Industries Holdings

Navient

Top Ranked Momentum Stocks to Buy for January 20th

Last year, management unveiled its much-awaited strategic plan for the bank on its first-ever investor day. This took place during January when China was having problems dealing with a strange new illness that did not yet have a name.

Goldman Sachs And Its Antifragile Moment

Goldman Sachs on Tuesday gave an update on grand plans that it laid out at its first-ever investor day last year. That event was the Wall Street powerhouse's response to years of pressure from investors and analysts to shed more light on some of its murkier businesses and set hard numerical targets around things like costs and return on capital. It was also a chance for Goldman to lay out a roadmap for its newer efforts, including its Marcus consumer banking business.  Goldman has already reshuffled how it reports financial results, and made organizational changes to bring the firm more in line with that structure.

Goldman Sachs just gave a key update on its ambitious multi-year transformation plan. Here are the 6 big takeaways that you need to know.

Goldman Sachs Group Inc. (NYSE:GS) and Bank of America Corp (NYSE:BAC) reported fourth-quarter results on Tuesday before markets opened. Both stocks have since failed to post significant gains despite beating analyst expectations.

Should You Buy Goldman Sachs or Bank of America?

Leading global investment bank Goldman Sachs Group Inc. (NYSE:GS) released stellar fourth-quarter results on Tuesday morning.

Goldman Sachs Boasts Strong Earnings for the 4th Quarter

Goldman Sachs crushed Q4 views Tuesday on strong trading revenue, while Bank of America reported mixed results. The post Goldman Sachs Blows Away Earnings Views; Bank Of America Mixed As Buybacks OK'd appeared first on Investor's Business Daily.

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