Goldman Sachs Posts Record $20.98 Quarterly EPS on 55% Jump in Investment Banking Fees

Earnings Impact 4
โดย The Motley Fool·Read original
Summary · why it matters

Goldman Sachs reported record quarterly earnings per share of $20.98, driven by a 55% increase in investment banking fees. Total revenue reached a record $20.3 billion, up 39% year over year, while global banking and markets revenue surged 53%. The firm served as lead underwriter for the SpaceX IPO and advised on high-profile deals including a secondary offering for Alphabet, NextEra Energy's acquisition of Dominion Energy, and Comcast's spinoff of NBCUniversal. CEO David Solomon noted that the AI cycle is creating large capital markets needs, and the bank's backlog is the highest in five years. Assets under management also hit a record of more than $4 trillion.

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