𝐆𝐨𝐥𝐝𝐦𝐚𝐧 𝐒𝐚𝐜𝐡𝐬 𝐐𝟑 𝐄𝐏𝐒 𝐒𝐮𝐫𝐠𝐞𝐬 𝟑𝟗 𝐚𝐬 𝐄𝐪𝐮𝐢𝐭𝐢𝐞𝐬 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐉𝐮𝐦𝐩𝐬 𝟕𝟐 𝐁𝐨𝐨𝐬𝐭𝐞𝐝 𝐛𝐲 𝐓𝐚𝐱

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📊 𝐑𝐞𝐬𝐮𝐥𝐭𝐬

• EPS: $17.01 (+39% YoY)

• Revenue: $18.68B (+23% YoY)

• Net Earnings to Common: $5.12B

• ROE: 18.7%

• Standardized CET1 Ratio: 12.4%

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📌 𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬

• Equities revenue surged 72% to $6.44B; FICC revenue flat at $3.47B

• Investment banking fees rose 21% to $3.22B, led by advisory (+18%) and equity underwriting (+43%)

• Asset & Wealth Management revenue reached $5.05B, with $97B in long-term AUS net inflows

• ~$975M tax benefit boosted diluted EPS by approximately $3.20

• Investment banking fees backlog declined QoQ; Apple Card portfolio markdowns impacted Platform Solutions

• Returned $3B through buybacks and declared a $5.00/share dividend

𝐆𝐨𝐥𝐝𝐦𝐚𝐧 𝐒𝐚𝐜𝐡𝐬: 𝐐𝟑 𝐄𝐏𝐒 𝐒𝐮𝐫𝐠𝐞𝐬 𝟑𝟗% 𝐚𝐬 𝐄𝐪𝐮𝐢𝐭𝐢𝐞𝐬 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐉𝐮𝐦𝐩𝐬 𝟕𝟐%, 𝐁𝐨𝐨𝐬𝐭𝐞𝐝 𝐛𝐲 𝐓𝐚𝐱