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

Ally Financial

Ares Management

Bank of America

Citigroup

Cadence Bank

Citizens Financial Group

Comerica

Capital One

First Citizens BancShares

First Horizon National

Fifth Third Bancorp

F.N.B. Corp.

JPMorgan Chase & Co

KeyCorp

Morgan Stanley

PacWest Bancorp

PNC Financial Services

Pinnacle Financial Partners

Charles Schwab

Synovus Financial

South State

Truist Financial

U.S. Bancorp

Earnings season for the largest U.S. banks will begin on Friday, July 14, when JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. announce their second-quarter results. Rounding out the “big six” industry group, Bank of America Corp., Goldman Sachs Group Inc. and Morgan Stanley are all scheduled to report on July 18.

These 20 banks have had the largest cuts to earnings estimates

Goldman Sachs' said its clients in mainland China have "low expectations" for further stimulus measures to prop up the economy, the firm's economists wrote in a Wednesday note.

Chinese investors are not expecting much stimulus as growth stalls, Goldman Sachs says

Wells Fargo

Company insiders continue to buy large amounts of the stocks of U.S. financial companies, in general, and commercial banks, in particular, data compiled by Fintel shows.

Bank Stocks Lag Broader Market but Insiders Are Still Buying ‘Em

European hedge funds have reduced their exposure to U.S. banks at a fast pace since the beginning of the year, while roughly keeping their positioning in European banks, Goldman Sachs said in a recent report sent to clients.

US banks out of favor with European hedge funds, Goldman tells clients

Apple

American Express

The Goldman Sachs Group NYSE: GS is reportedly in talks with American Express Co. NYSE: AXP regarding its Apple Inc. NASDAQ: AAPL credit card and other consumer-focused products connected with Apple.

Goldman Sachs Reportedly Mulling Apple Card Move To Amex

U.S. banks are poised for a rebound in unrealized losses on their bond and loan portfolios, after a surge in market interest rates.

Rebound in Rates Puts Pressure on Banks

With a minimum Standardized CET1 ratio requirement of 13% determined for Goldman (GS) effective Oct 1, it announces plans to increase the quarterly dividend by 10%.

Goldman (GS) to Hike Dividend by 10% Post Stress Test Results

Goldman Sachs' fizzle may give American Express some sizzle. Goldman is looking to offload its collaborations with Apple — most visibly the Apple Card — to tap into consumers' unflagging appetite for credit.

Will Amex Gain With Apple Card and Young Consumers Where Goldman Fizzled?

Bank of New York Mellon

State Street

After markets closed last Wednesday, the Federal Reserve reported that all 23 banks required to prove their ability to withstand a major market and financial collapse could, in fact, pass the test.

Big Bank Dividend Increases Follow Stress Test Results

Goldman Sachs' credit card partnership with Apple could be nearing an end. The banking giant is said to be in discussions with American Express to take over the credit card and other collaborations between Goldman and Apple, The Wall Street Journal (WSJ) reported Friday (June 30), citing sources familiar with the matter.

Goldman Reportedly Wants to Hand Off Apple Card to Amex

Goldman Sachs may be looking to end its partnership with Apple, The Wall Street Journal reported. It started offering an Apple-branded credit card in 2019 and more products since then.

Goldman Sachs is thinking about breaking up with Apple after losing billions on its consumer banking push, reports say

The bank is in talks with American Express to take over its Apple credit card and other ventures with the tech giant, the report added.

Goldman Sachs reportedly looking to exit credit card deal with Apple

The investment-banking giant is weighing whether to end its partnership with Apple, the Wall Street Journal reports.

Goldman Sachs Mulls Exiting Partnership With Apple

Credit Suisse

U.S. Banks Gird For Dose Of Post-Stress-Test Trauma

Fintel reports that on June 30, 2023, JMP Securities reiterated coverage of Goldman Sachs Group (NYSE:GS) with a Market Outperform recommendation.

JMP Securities Reiterates Goldman Sachs Market Outperform Recommendation

Four years after partnering with Apple on the launch of the Apple Card, Goldman Sachs may be eyeing the exits. The Wall Street Journal reports that Goldman is “looking for a way out” of its high-profile deal with Apple, which recently expanded to include savings accounts for Apple Card holders.

Goldman may be trying to bail on Apple Card

Goldman Sachs is in talks to offload its Apple credit card and high-yield savings account products to American Express, a source told CNBC's Leslie Picker.

Goldman in talks to offload Apple credit, savings products to American Express, source says

Goldman Sachs Group Inc. GS, -0.17% is weighing whether to leave its partnership with Apple Inc. AAPL, +2.31%, amid a broader retreat from consumer banking, the Wall Street Journal reported on Friday. The Journal, citing people familiar with the matter, said Goldman was seeking ways to hand off its Apple credit card and other initiatives from the partnership to American Express Co. AXP, +1.23%.

Goldman Sachs is looking to leave Apple partnership: WSJ

American Express is in talks to take over Goldman's card deal and other ventures with the tech giant.

Goldman Is Looking for a Way Out of Its Partnership With Apple

U.S. Senator Elizabeth Warren has questioned Goldman Sachs' role in the failure of Silicon Valley Bank (SVB) and the profits it allegedly made in the process.

US Senator Warren questions Goldman's role in SVB failure

Goldman Sachs has strong fundamentals, attractive valuation, and growth opportunities, particularly in its wealth management and alternative assets segments. There are risks, including competition and the impact of a possible economic downturn on the demand for financial services. Despite these risks, I believe Goldman Sachs is a good investment due to its stable operation, sales and EPS growth, and its position as a trusted financial institution making shares of Goldman Sachs a buy.

Goldman Sachs Is Still A High Quality Buy

Wild price swings have eased, but bank stocks remain sharply below where they stood before a trio of failures.

Banks Brace for More Turmoil in Third Quarter

Members of Goldman Sachs' board nominated former Bank of America executive Tom Montag to join as an independent director, according to a filing on Thursday.

Goldman Sachs nominates former BofA executive Montag to join board

Stronger growth and employment data lift shares that rise with the economy.

Bank Stocks Lead Market Higher After Clearing Fed Tests

Markets were mixed, with tech taking a back seat on Thursday. Bank stress tests from the Federal Reserve were generally favorable.

News for Goldman Sachs Stock (GS)