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

With expectations rising for the Fed to cut rates sometime this year, banking stocks are very much back in focus. While it was looking like 2023 was going to go down as one of the poorer years in the recent past, improving inflation readings in Q4 sparked a broad rally across all equities, including banks.

3 big banking stocks that just got upgraded

Oppenheimer analyst Chris Kotowski has reiterated overweight ratings on Goldman Sachs Group Inc. and Jefferies Financial Group Inc. as standouts among a class of relatively cheap big-bank stocks.

Goldman Sachs, Jefferies stand out among undervalued big banks, Oppenheimer says

Financial Select Sector SPDR Fund

Morgan Stanley analyst Betsy Graseck on Tuesday upgraded Bank of America Corp., Goldman Sachs Group Inc., Citigroup Inc. and Bank of New York Mellon Corp. on optimism around pared-back capital requirements now under study by the the U.S. Federal Reserve.

Morgan Stanley upgrades Bank of America, Goldman Sachs and Citi on ‘lightened up' Basel III capital requirements

Intel

There is a little-known conflict in the world today that is escalating and could quickly get out of hand. While governments and nations used to fight over commodities or trade routes, today's fights are all about who holds access to the world's latest chip and semiconductor technologies.

3 semiconductor stocks to rally on latest U.S. grants

Jim Esposito, 56, who is credited with playing a major role in the merger of Goldman's investment banking and trading departments, will step aside.

Top Goldman Sachs banker Jim Esposito retires as CEO David Solomon makes clear he's not going anywhere

Becomes one of the first digital asset technology providers to receive FCA regulatory approval as a service company LONDON , Jan. 24, 2024 /PRNewswire/ -- Elwood Technologies LLP ("Elwood" or "the Company"), a leading software-as-a-service ("SaaS") platform that provides institutional-grade access to digital asset exchanges and liquidity venues, today announced it has been authorised as a service company by the UK Financial Conduct Authority ("FCA"). This authorization applies to Elwood's execution management system ("EMS") in relation to security tokens and derivatives.

Elwood Receives Authorization as a Service Company from UK Financial Conduct Authority

Deckers Outdoor

NVIDIA

After a sluggish start to the year, the stock market has quickly turned around and now sits at an all-time high. The benchmark S&P 500 index closed at an all-time high on Jan. 19 as investors resumed buying equities with a vengeance.

3 Stocks Still Worth Buying at 52-Week Highs

Malaysia filed on Nov 8, 2023 a reply to an arbitration request by Goldman Sachs regarding the multi-billion dollar 1Malaysia Development Berhad (1MDB) corruption scandal, the chairman of the 1MDB asset recovery taskforce said on Tuesday, without specifying details.

Malaysia files reply to Goldman Sachs' 1MDB arbitration request

JPMorgan Chase & Co

New yearly highs for banks are bullish and a sign of strength.

Financial ETF Breaks Out to 52-Week High: Stocks to Watch

PNC Financial Services

U.S. Bancorp

Wells Fargo

The failures of Silicon Valley Bank and First Republic Bank last year cost the Federal Deposit Insurance Corporation (FDIC) $18.7 billion. The FDIC imposed a special assessment on 114 financial institutions totaling $16.3 billion to recover lost funds.

The FDIC Assessed $16 Billion to Banks For Last Year's Banking Failures: Here's How Much the Big Banks Are Paying

Goldman Sachs beat expectations with strong Q4 results, including higher earnings per share and revenues. Despite extraordinary charges related to the regional banking crisis, Goldman Sachs had a strong quarter with 7% year-over-year top line growth. The asset and wealth management business drove Goldman Sachs' growth, with increased management fees and private banking revenues.

Goldman Sachs: Strong Value Proposition

Apple

Walmart

The Dow Jones Industrial Average is an index made up of 30 blue-chip stocks that are meant to be representative of the U.S. economy. The Dow finished 2023 strong, posting a healthy gain of 13% for all of last year.

3 Top-Rated Dow Stocks Wall Street Analysts Are Loving Now: January 2024

Goldman Sachs' board named David Viniar as its next independent lead director, succeeding Adebayo Ogunlesi when he retires at the bank's next annual meeting in April, according to a filing on Friday.

Goldman Sachs names Viniar as lead director succeeding Ogunlesi

Advanced Micro Devices

Broadcom

AutoZone

Home Depot

Lululemon Athletica

Microsoft

Analysts continue to sing the praises of many companies and their stocks. While 2024 has gotten off to a problematic start, many stocks are still attractively valued and well-run and have catalysts that are likely to push their share prices higher in the coming months.

7 Top-Rated Blue-Chip Stocks Wall Street Analysts Are Loving Now: January 2024

Chevron

Transocean

Exxon Mobil

The days of open outcry commodity trading are nearly extinct, as most of today's trading takes place behind a desk and through online brokerages. However, the traders that ascended from these pits took with them some of the same principles that they learned at places like Chicago, where most options and futures trade.

Oil is in contango for the first time since 2021: Best oil stocks

Having delivered a miss in last October's Q3 report, investors would have been expecting a strong bounce back from Goldman Sachs Group, Inc. NYSE: GS ahead of this morning's Q1 release. The banking giant came in strong with a solid beat on both headline numbers, with their EPS landing 40% higher than expected and revenue showing growth of 6.9% year on year.

Goldman's report: Can it send the stock back to highs?

The Goldman Sachs Group, Inc. (GS) Q4 2023 Earnings Call Transcript

Goldman's (GS) Q4 earnings gain from strong revenues in the Asset & Wealth Management division and lower provisions.

Goldman (GS) Q4 Earnings Beat Estimates, Revenues Rise Y/Y

For Goldman Sachs, the narrowing of focus continues. And in the latest earnings report, released Tuesday (Jan. 16), the Wall Street firm detailed its progress toward jettisoning some of its credit card operations, selling GreenSky and moving away from its once-lofty Main Street banking ambitions.

Goldman's Net Charge-Off Rate on Consumer Loans Stands at 7%

The bank reported net income of $8.5 billion for 2023 — a 24% drop from 2022 and the lowest level the bank has seen in four years.

Goldman Sachs notches worst annual profit in four years, 24% drop from 2022

Morgan Stanley

Empire State Manufacturing's -43.7 is a major step down -- more than 3x lower than the previous month's -14.5.

Empire State Plummets; Goldman Beats, Morgan Mixed in Q4

Three of the six largest U.S. banks announced new bond issues on Tuesday, kicking off an expected heavy week for new bank debt.

Three of 'Big Six' U.S. banks tap bond market post-earnings

Goldman Sachs thinks the consensus view on Wall Street is too bearish about economic growth in 2024. Goldman sees no recession this year and estimates 2024 GDP growth to be double the consensus.

Goldman Sachs sees much stronger economic growth than consensus, dismissing Wall Street's top concern

Although the revenue and EPS for Goldman (GS) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Goldman (GS) Reports Q4 Earnings: What Key Metrics Have to Say

Goldman Sachs stock ticked up on solid Q4 earnings. Morgan Stanley, PNC Financial, Interactive Brokers roll out quarterly results.

News for Goldman Sachs Stock (GS)