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

American Electric Power Company

Dominion Energy

Entergy

FirstEnergy

NextEra Energy

PNC Financial Services

Truist Financial

U.S. Bancorp

Wells Fargo

Subscribers to  Chart of the Week  received this commentary on Sunday, October 1.

2 Sectors to Watch Before Halloween

Bank of America

Citigroup

JPMorgan Chase & Co

SPDR S&P Bank ETF

SPDR S&P Regional Banking ETF

Morgan Stanley

Financial Select Sector SPDR Fund

You might have expected financial stocks to be among the worst performers in the S&P 500 this year, in light of three high-profile bank failures, the pressure from the decline in market values for banks' bond holdings and the competition for deposits as interest rates have risen. But the financial sector is down 2.8% this year with dividends reinvested.

Here's what to expect when banks report earnings, and how cheap their stocks are now

Goldman Sachs offers a 3.6% dividend with solid growth but falls below the sector's median yield. GS is an investment bank with limited lending exposure, showing resilience despite recent share price declines. While maintaining a strong balance sheet, GS faces potential challenges in the current economic environment, making it a hold for now, with possible buying opportunities in the future.

Goldman Sachs: Down 25%, Yielding Near 4%, Why I'm Still Avoiding The Stock

Amgen

Boeing

Salesforce

Chevron

Disney

Dow Inc

Intel

Johnson & Johnson

Coca-Cola

McDonald's

Microsoft

NIKE

Verizon

Walgreens

"The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors. Sector representation is also a consideration.”–Dow Jones & Co. The highest-yield 10 stocks are October's Dogs of the Dow: JNJ, AMGN, KO, GS, CVX, IBM, DOW, MMM, VZ, and WBA averaged a 4.99% annual yield. Thirty Dow stocks represent nine of eleven sectors. Dow Jones tracks utilities as a separate index and omits real estate. Broker top-ten target-estimated October net-gains ranged 17.91%-45.47%, topped by WBA 10/2/23.

October Dogs Of The Dow: 3 Buyable, 7 Watchable

Another executive is leaving Goldman Sachs Group Inc.'s asset-management unit as the business that handles the bank's private-equity and other private-market activities continues to reshape itself.

Another Goldman Sachs Asset Management exec to depart after 28 years at bank

Chris Kojima, an executive in Goldman Sachs GS.N asset and wealth management unit, will leave the investment bank after almost 28 years, according to an internal memo seen by Reuters on Tuesday.

Goldman Sachs executive Chris Kojima to leave, memo says

For many years, the Dow Jones industrial average ruled the investing world, before the advent of electronic and computer-driven trading.

5 Damaged Dow Jones Industrial Dividend Leaders Have Huge 2024 Comeback Potential

Honeywell

Procter & Gamble

This long and short equity strategy has generated superior returns based upon cycles and relative strength.

Dow Stocks To Trade In October

Best Buy

Discover

Pioneer Natural Resources

SPDR S&P 500 ETF Trust

Skyworks Solutions

Texas Instruments

Vanguard High Dividend Yield ETF

The market slide continues in September with the SPDR S&P 500 Trust ETF dropping by 4.74%. The top 10 stocks on the watchlist for October 2023 offer a 4.33% dividend yield, more than double the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 10.29% since its inception in November 2020.

My Top 10 High Yield Dividend Stocks For October 2023

The U.S. Commodity Futures Trading Commission on Friday ordered Goldman Sachs , Bank of America and JPMorgan to pay a total of over $50 million for swap reporting failures and other violations, the agency said in a statement.

US CFTC orders 3 major US banks to pay over $50 mln for swap reporting failures

Apple

The top Dow stocks serve as a bellwether for the health of the U.S. economy. This year, the Dow has trailed the other two major U.S. indices with a 1% gain.

Don't Miss the Boom: 7 Dow Stocks Set to Explode Higher

Goldman's (GS) asset management arm, Goldman Sachs Asset Management, is set to co-invest in private credit transactions in the Asia Pacific region with Ontario Municipal Employees Retirement System.

Goldman (GS), Omers Partner for Private Credit in Asia Pacific

Fifth Third Bancorp

Interactive Brokers

LPL Financial Hlds

Oppenheimer Holdings

Voya Financial

The U.S. Securities and Exchange Commission (SEC) is finalizing settlements with around two dozen Wall Street firms to resolve investigations into record-keeping lapses, said two people with knowledge of the matter.

U.S. SEC nearing settlement with Wall Street firms over WhatsApp probe -sources

Petershill Partners PLC (LSE:PHLL), the closed-ended private equity fund run by Goldman Sachs, has been downgraded by UBS as the shares' large discount is not expected to improve much in the foreseeable future.  At the start of the month UBS flagged the near-50% discount to the theoretical valuation the company would warrant as an "actual private market manager".

Goldman Sachs' Petershill trust structure is putting off investors, says UBS

Goldman (GS), along with HSBC, BCS and other banks, forms a consortium named Endoxa to adopt a unified global approach for disclosing clients' stock positions.

Goldman (GS), Others Team up for Client Disclosure Reporting

Goldman (GS) is charged a fine of $6 million by SEC for incomplete and inadequate blue sheet submissions.

Goldman (GS) Is Fined $6M for Deficient Blue Sheet Submissions

The bank's investment arm agreed to pay $25 million for overstating how it used environmental, social and governance factors in its funds.

SEC Fines Deutsche Bank Fund Unit for Money Laundering, ESG Misstatements

The bank is closing in on finding a buyer for its nightmare GreenSky acquisition, which is expected to sell for only $500 million

Goldman Sachs SEC Drama Deepens As Regulator Fines Bank For $6 Million Over Incomplete Trading Info

Leidos Hld

This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here.

3 High-Quality Stocks to Buy on the Dip According to AI

HSBC Holdings

Goldman Sachs and HSBC are among a group of five banks adopting a common global approach to disclosing clients' stock positions, a move which participants say could help cut costs and bolster transparency.

Goldman, HSBC join forces with other banks on client disclosures

News for Goldman Sachs Stock (GS)