The company said net revenues for Q1 2024 were $14.21 billion, net earnings were $4.13 billion, and diluted earnings per common share (EPS) were $11.58. Net revenues were 16% higher than in Q1 2023 and 26% higher than in Q4 2023.

1. 01

   The company said net revenues for Q1 2024 were $14.21 billion, net earnings were $4.13 billion, and diluted earnings per common share (EPS) were $11.58. Net revenues were 16% higher than in Q1 2023 and 26% higher than in Q4 2023.

2. 02

   Goldman Sachs said Global Banking & Markets net revenues were $9.73 billion, 15% higher than in Q1 2023. Of this, Investment banking fees were $2.08 billion, FICC was $4.32 billion, and Equities was $3.31 billion.

3. 03

   The company said Asset & Wealth Management net revenues were $3.79 billion, 18% higher than in Q1 2023, and Management and other fees were a record quarterly $2.45 billion. It added that assets under supervision rose $36 billion during the quarter to a record $2.85 trillion.

4. 04

   Goldman Sachs said operating expenses for Q1 2024 were $8.66 billion, and provision for credit losses was $318 million. It also said it returned $2.43 billion to common shareholders in the same quarter, including $1.50 billion of common share repurchases and $929 million of dividends.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.