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AI English summary of an SEC filing — figures as filed

Goldman Sachs logoGoldman Sachs GS

Goldman Sachs reported net revenues of $53.51 billion, net earnings of $14.28 billion and diluted earnings per common share of $40.54 for 2024. For the fourth quarter of 2024, net revenues were $13.87 billion, net earnings were $4.11 billion and diluted earnings per common share were $11.95.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Goldman Sachs reported net revenues of $53.51 billion, net earnings of $14.28 billion and diluted earnings per common share of $40.54 for 2024. For the fourth quarter of 2024, net revenues were $13.87 billion, net earnings were $4.11 billion and diluted earnings per common share were $11.95.

  2. The company said Global Banking & Markets net revenues for 2024 were $34.94 billion, 16% higher than 2023, including investment banking fees of $7.73 billion, FICC of $13.20 billion and Equities of $13.43 billion.

  3. The company said Asset & Wealth Management net revenues for 2024 were $16.14 billion, 16% higher than 2023, with Management and other fees of $10.43 billion. Assets under supervision increased 12% during the year to a record $3.14 trillion.

  4. Goldman Sachs said it returned $11.80 billion of capital to common shareholders in 2024, including $8.00 billion of common share repurchases (17.5 million shares) and $3.80 billion of common stock dividends. The company declared a dividend of $3.00 per common share on January 14, 2025.

Summary

AI-written

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.

2024 Full Year and Q4 Net Revenues and Net Earnings

Goldman Sachs reported net revenues of $53.51 billion, net earnings of $14.28 billion and diluted earnings per common share of $40.54 for 2024. For the fourth quarter of 2024, net revenues were $13.87 billion, net earnings were $4.11 billion and diluted earnings per common share were $11.95.

Source · Based on the filing body and exhibits

Global Banking & Markets Full Year Net Revenues Composition

The company said Global Banking & Markets net revenues for 2024 were $34.94 billion, 16% higher than 2023, including investment banking fees of $7.73 billion, FICC of $13.20 billion and Equities of $13.43 billion.

Source · Based on the filing body and exhibits

Asset & Wealth Management Full Year Net Revenues and Assets Under Supervision

The company said Asset & Wealth Management net revenues for 2024 were $16.14 billion, 16% higher than 2023, with Management and other fees of $10.43 billion. Assets under supervision increased 12% during the year to a record $3.14 trillion.

Source · Based on the filing body and exhibits

2024 Capital Returned and Q4 Dividend Declared

Goldman Sachs said it returned $11.80 billion of capital to common shareholders in 2024, including $8.00 billion of common share repurchases (17.5 million shares) and $3.80 billion of common stock dividends. The company declared a dividend of $3.00 per common share on January 14, 2025.

Source · Based on the filing body and exhibits

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.