Goldman Sachs Group Inc The
- Goldman Sachs increased 2.6% to $536.55 after the investment banker reported better-than-expected quarterly results.
Revenue in the third quarter increased 7% to $12.7 billion from $11.8 billion, net income advanced 45% to $2.99 billion from $2.06 billion, and diluted earnings per share rose 54% to $8.40 from $5.47 a year ago.
Oct 15, 2024 - Goldman Sachs was unchanged at $314.50 after the financial services provider reported mixed quarterly results.
Third quarter revenue edged slightly lower to $11.8 billion from $11.97 billion and net income dropped to $2.1 billion from $3.1 billion and diluted earnings per share fell to $5.47 from $8.25 a year ago..
The 6% decline in revenue in asset management was overshadowed by an 8% increase in global investment banking fees.
Oct 17, 2023 - Goldman Sachs Group Inc declined 0.3% to $336.85 after the company reported lower-than-expected adjusted quarterly earnings because of losses in real estate and GreenSky.
Net revenue declined 8% to $10.9 billion from $11.9 billion and net earnings plunged to $1.2 billion from $2.8 billion and diluted earnings per share dropped to $3.08 from $7.73 a year ago.
Investment banking fees declined 20% to $1.4 billion from $1.8 billion after merger advisory fees plunged 46% to $647 million from $1.2 billion.
Fixed-income bonds, currencies and commodities trading revenue plunged 28% to $2.7 billion from $3.6 billion and equities trading revenue increased 1% to $2.9 billion.
Asset and wealth management revenue decreased 4% to $3.04 billion from $3.2 billion a year ago.
Book value increased 1.9% to $309.33 a share.
Jul 19, 2023 - Goldman Sachs Group Inc reported lower-than-expected revenue and took a charge of $470 million related to the sale of its consumer loans business Marcus.
Revenue in the first quarter ending in March decreased 5% to $12.2 billion from $12.9 billion. Investment banking fees declined 26% to $1.6 billion, bonds, currencies and commodities business dropped 17% to $3.9 billion and equities segment revenue decreased 7% to $3.0 billion.
Asset and wealth management revenue rose 24% to $3.2 billion and platform solutions revenue soared 110% to $564 million.
Net income applicable to common stockholders fell 19% to $3.1 billion from $3.8 billion and diluted earnings per share fell to $8.79 from $10.76 a year ago. Provision for credit losses was a net gain of $171 million for the first quarter, compared with net provisions of $561 million for the first quarter of 2022 and $972 million for the fourth quarter of 2022.
Apr 18, 2023 - Goldman Sachs said fourth quarter revenue fell 16% from a year ago to $10.6 billion and net income plunged to $1.2 billion from $3.8 billion or diluted EPS fell to $3.32 from $10.81 from a year ago.
Jan 17, 2023
| Year | Mar | Jun | Sep | Dec | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 8.79 | 3.08 | 5.47 | - | - | |
| 2022 | 10.76 | 7.73 | 8.25 | 3.32 | 30.06 | |
| 2021 | 18.6 | 15.02 | 14.93 | 10.81 | 59.45 | |
| 2020 | 3.11 | 0.53 | 8.98 | 12.08 | 24.74 | |
| 2019 | 5.71 | 5.81 | 4.79 | 4.69 | 21.03 | |
| 2018 | 6.95 | 5.98 | 6.28 | 6.06 | 25.27 | |
| 2017 | 5.15 | 3.95 | 5.02 | 5.68 | 19.8 | |
| 2016 | 2.68 | 3.72 | 4.88 | 5.08 | 16.36 | |
| 2015 | 5.94 | 4.75 | 2.90 | 4.68 | 18.27 | |
| 2014 | 4.02 | 4.10 | 4.57 | 4.38 | 17.07 | |
| 2013 | 4.29 | 3.70 | 2.88 | 4.59 | 15.46 | |
| 2012 | 3.92 | 1.78 | 2.85 | 5.58 | 14.13 | |
| 2011 | 1.56 | 1.85 | -0.84 | 1.94 | 4.51 | |
| 2010 | 5.59 | 0.78 | 2.98 | 3.83 | 13.18 | |
| 2009 | 3.39 | 4.93 | 5.25 | 8.56 | 22.13 | |
| 2008 | 3.23 | 4.58 | 1.81 | 0.00 | 4.47 | |
| 2007 | 6.67 | 4.93 | 6.13 | 7.00 | 24.73 | |
| 2006 | 5.08 | 4.78 | 3.26 | 6.57 | 19.69 | |
| 2005 | 2.94 | 1.71 | 3.25 | 3.31 | 11.21 |