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

Trading and underwriting revenue could provide some comfort for big Wall Street banks that begin reporting results next week, although second-quarter profits likely plunged because of the coronavirus pandemic's impact on lending.

Trading, underwriting soften profit plunge for some U.S. banks

Even for the biggest of the big, interest rates are the smallest of the small.

Why Big Bank Stocks Plunged 30% in the First Half of 2020

Goldman (GS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Goldman Sachs (GS) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

It's going to be a bumpy ride, but banks are prepared for the shocks.

3 Reasons Why the Outlook for Banks Is Better Than You Think

PNC Financial Services

U.S. Bancorp

When the Federal Reserve last week published the results of its latest stress tests on 34 U.S.

7 Bank Stock Dividends That Still Look Safe Heading Into 2021

Though M&As have taken a hit in the second quarter amid the coronavirus outbreak-related economic slowdown, improving underwriting activities are likely to aid top-line growth of investment banks.

Investment Banking to Aid Banks in Q2 Amid Coronavirus-Led Turmoil

The case related to the multibillion-dollar 1Malaysia Development Bhd (1MDB) scandal which involved Goldman (GS) might be resolved soon post-decision of pleading guilty by the bank.

Goldman to Resolve 1MDB Legal Case Post Guilty Plea Decision

Goldman Sachs Group Inc's investment bank formed a new group to increase its recruitment and hiring of Black employees and improve career development and retention among existing Black employees, according to a memo sent on Tuesday that was seen by Reuters.

Goldman's investment bank to increase Black staff hiring, recruitment

Bank of New York Mellon

Blackrock Inc

State Street

Truist Financial

Some are still undecided about whether to hold their payouts steady or cut them next quarter.

Which Major Banks Will Maintain Their Dividends?

Apple

Boeing

American Express

Boeing's 737 MAX is not exactly in demand, estimates for Apple's highest-end 5G iPhones are slashed, and financial companies are keeping their dividends for now.

Dow Jones Clings to Gain as Boeing Loses Orders, Apple iPhone Shipment Estimates Cut, and Financials Maintain Dividends

Stress Test Results Are In - One Surprising Close Call Is Goldman Sachs

A Contrarian View: Buy The (Large) U.S. Banks

While Goldman Sachs, along with 32 other financial institutions in the U.S., recently sailed through the first phase of the Federal Reserve’s annual Comprehensive Capital Analysis and Review, the premier investment bank and its close rival Morgan Stanley saw their key capital ratio metric take.

Goldman Fared The Worst In Fed’s Latest Stress Test For Banks

Goldman Sachs Group Inc has already boosted capital measures and is working to meet the Federal Reserve's benchmark for October, the Wall Street bank said in a statement on Monday.

Goldman Sachs says it's climbing toward Fed's capital demands

Wells Fargo on Monday said it is expected to reduce its dividends by an unspecified amount after an annual stress test of the health of the banking sector by the Federal Reserve, representing the only one of the top banks so far to have to cut shareholder distributions after the examination of the financial wherewithal of the nation's largest financial firms.

Wells Fargo to cut dividends while BofA, Citi, JPMorgan, Goldman seen holding shareholder payouts steady after stress tests

Nearly all of the largest U.S. banks said Monday that they performed well enough on the Federal Reserve’s most-recent stress test to maintain their current quarterly dividend.

Bank of America, Citi and Goldman keep dividends the same post-stress tests, Wells Fargo to cut

Banks tumbled Friday after the Federal Reserve highlighted potential vulnerabilities in the sector. These two names still look like solid plays in the space, according to Piper Sandler's Craig Johnson and Laffer Tengler Investment's Nancy Tengler.

Two bank stocks could still be a buy after Fed exposes problem areas

Technology Select Sector SPDR Fund

After a rough week for the market, the financial sector is looking particularly weak. A look at the sector performance in 2007-2008 may help one assess what the recent action means for the stock market in the months ahead.

Will Bank Stocks Lead The Market Lower?

The easing of regulations will free up more capital and allow banks to invest in venture capital and other funds.

Federal Regulators Just Relaxed the Volcker Rule. Here's Why it's Good For Banks

Stock Market Today: Banks Burned as Stocks Break Sharply Lower

Shares of U.S. banks dropped on Friday, with Wells Fargo's stock falling more than 6% and Goldman Sachs Group Inc down 7%, after the Federal Reserve capped dividend payments and barred share buybacks until at least the fourth quarter after its annual stress test.

U.S. bank shares drop as Fed sets limits following stress tests

The Federal Reserve gave the financial industry some bad news, and it's making investors nervous.

Big Bank Stress Is Crushing the Stock Market Today

The Federal Reserve Bank published the results of its 2020 stress tests on the nation’s largest banks after markets closed on Thursday.

Federal Reserve Restricts Big Bank Buybacks and Dividends, Wants More Testing

SPDR S&P Bank ETF

Banks could be under pressure Friday after the Federal Reserve's stress test set off some warning flares. Matt Maley takes to the charts to determine where banks head next.

Banks are at 'critical juncture.' Here's what to watch

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