🔹 EPS: $11.95 (Est. $8.22) 🟢
🔹 Net Revenue: $13.87B (Est. $12.37B) 🟢
🔹 Net Interest Income: $2.35B (Est. $2.11B) 🟢
Q4 Segments:
Global Banking & Markets:
🔹 Net Revenue: $8.48B; UP +33% YoY
🔹 FICC Sales & Trading Revenue: $2.74B (Est. $2.44B) 🟢; UP +35% YoY
🔹 Equities Sales & Trading Revenue: $3.45B (Est. $3.02B) 🟢; UP +32% YoY
🔹 Investment Banking Fees: $2.05B (Est. $2B); UP +24% YoY
🔹 Advisory Revenue: $960M (Est. 1B) 😕; UP +10% YoY
Asset & Wealth Management:
🔹 Net Revenue: $4.72B; UP +8% YoY
🔹 Assets Under Supervision (AUM): $3.14T (Est. $3.16T) 😑
Platform Solutions:
🔹 Net Revenue: $669M; UP +16% YoY
Operational Metrics:
🔹 Total Loans: $198B (Est. $193.53B) 🟢
🔹 Efficiency Ratio: 63.1%
🔹 Provision for Credit Losses: $351M
Dividend Update:
🔸 Declared quarterly dividend of $3/share
CEO Commentary:
🔸 “We are pleased with our strong results, having met or exceeded nearly all targets from our five-year strategy. This success reflects our commitment to clients and shareholders.” – David Solomon, Chairman & CEO
Strategic Insights:
🔸 Driving high single-digit annual growth in Asset & Wealth Management in the medium term.
🔸 Continued focus on leveraging “One Goldman Sachs” framework to enhance operational efficiencies.