Goldman Sachs reported net revenues of $15.18 billion and net earnings of $4.10 billion for Q3 2025, with diluted earnings per common share of $12.25. Net revenues for Q3 were 20% higher than Q3 2024 and 4% higher than Q2.

1. 01

   Goldman Sachs reported net revenues of $15.18 billion and net earnings of $4.10 billion for Q3 2025, with diluted earnings per common share of $12.25. Net revenues for Q3 were 20% higher than Q3 2024 and 4% higher than Q2.

2. 02

   The company said net revenues in Global Banking & Markets for Q3 were $10.12 billion, 18% higher than Q3 2024. Investment banking fees were $2.66 billion, 42% higher, and the company cited a significant increase in completed mergers and acquisitions volumes in Advisory as the primary driver.

3. 03

   The company said net revenues in Asset & Wealth Management for Q3 were $4.40 billion, 17% higher than Q3 2024 and 16% higher than Q2. It cited the payment of interest on a previously impaired loan as a factor in the increase in Private banking and lending net revenues.

4. 04

   Goldman Sachs said it returned $3.25 billion of capital to common shareholders during Q3. This included 2.8 million shares repurchased for $2.00 billion at an average cost of $718.60 and $1.25 billion in common stock dividends. The Board of Directors declared a dividend of $4.00 per common share.

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

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