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Goldman Sachs Reports Strong 2024 Financial Performance
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Goldman Sachs Reports Strong 2024 Financial Performance

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Goldman Sachs Group ( (GS) ) has issued an update.

Goldman Sachs reported strong financial results for the full year and fourth quarter of 2024, with net revenues of $53.51 billion and net earnings of $14.28 billion, marking a 16% increase in revenues compared to 2023. The firm’s strategic initiatives in Global Banking & Markets and Asset & Wealth Management led to record revenues in equities and significant growth in investment banking fees, contributing to an EPS of $40.54, the second-highest in its history. The firm’s return on equity for 2024 was 12.7%, with a book value per share increase of 7.4%.

More about Goldman Sachs Group

Goldman Sachs Group, Inc. operates within the financial services industry, offering a wide range of services including investment banking, securities, and investment management. The company focuses on Global Banking and Markets, as well as Asset and Wealth Management.

YTD Price Performance: -0.60%

Average Trading Volume: 2,062,698

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $179.4B

For an in-depth examination of GS stock, go to TipRanks’ Stock Analysis page.

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