The Goldman Sachs Group is a leading American multinational investment bank and financial services company. Founded in 1869 by Marcus Goldman and Samuel Sachs, the company is headquartered in Lower Manhattan, New York City, with regional headquarters in several international financial centers.
Goldman Sachs offers a wide range of services, including investment banking, securities underwriting, prime brokerage, asset management, wealth management, and risk management. The firm is known for its expertise in mergers and acquisitions, financing, and global markets. It also operates private-equity funds, hedge funds, and provides clearing and custodian bank services.
Goldman Sachs has built a strong reputation for excellence and a dedication to client service. This has helped it become one of the largest and most influential financial institutions in the world.
Goldman Sachs Fiscal Q1 2025
Goldman Sachs(GS) demonstrated strong performance, achieving its third highest quarterly net revenues of $15.06 billion, driven by client support and execution of strategic priorities.
Net revenues of $15 billion represented a 6% increase compared to Q1 2024 and a 9% rise from Q4 2024. The growth was primarily driven by higher revenues in Global Banking & Markets, partially offset by a slight decline in Asset & Wealth Management.
Quarter one results included EPS of $14.1 and ROE of 16.9%. Also, Revenue and EPS exceed expectations.
Key Business Segment Performance
Global Banking & Markets:
Generated $10.71 billion in net revenues, supported by record-breaking performance in Equities and Financing, as well as strong results in Fixed Income, Currency, and Commodities (FICC) and Debt Underwriting.
Achieved #1 ranking globally in announced and completed mergers and acquisitions, equity-related offerings, and common stock offerings. Ranked #2 in high-yield debt and leveraged loan offerings.
Asset & Wealth Management:
- Generated $3.68 billion in net revenues.
- Assets under supervision increased by $36 billion, reaching a record $3.17 trillion.
Board Statements
David Solomon, Chairman and CEO of Goldman Sachs emphasized that the firm’s strong quarterly results highlight its role as a trusted partner for clients seeking execution and insight during periods of significant uncertainty. He acknowledged the changing operating environment entering the second quarter but expressed confidence in Goldman Sachs’ continued ability to support its clients effectively.
Impact on the Market
Goldman Sachs had a strong Q1 2025, with record revenues in equities and financing, along with solid results in fixed income, currency, and commodities. Its success in mergers and equity offerings also stood out.
After the earnings report, Goldman Sachs’ stock rose 3% in pre-market trading, showing investor confidence.
