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Goldman Sachs (GS) Income Q1 2025

David Solomon, CEO of Goldman Sachs, attested on December 6, 2023 during a hearing from the Senate Banking Committee in the Senate of the Senate in Washington, DC.

Win McNamee | Getty pictures

Goldman Sachs On Monday, the results of the first quarter achieved, in which the analysts’ expectations of the revenue of sales were raised with stronger than expected stock trading.

The company reported the following:

  • Profit: $ 14.12 per share compared to $ 12.35 LSEG estimate
  • Sales: 15.06 billion US dollars compared to $ 14.81 billion

The bank said that the profit rose 15% in the previous year to 4.74 billion US dollars or $ 14.12 per share, since the income increases 6% to $ 15.06 billion. The bank said that rising trade income compensates for a slight decline in income from asset and assets management in the quarter.

CEO David Solomon indicated the turbulence, which was caused by the escalation of the trade voltages by President Donald Trump this month: “While in the second quarter we enter a significantly different company environment than at the beginning of this year, we are still confident that we can continue to support our customers,” said Solomon.

Rivals on Friday JPmorgan Chase And Morgan Stanley Everyone expected the expectations of results of the first quarter to boast of stocking.

The income from stock trading increased by 48% and 45% for banks, thanks to the volatility in the opening months of the term of office of President Donald Trump under his efforts to redesign the global trade agreement.

This story develops. Please check for updates.

(Tagstotranslate) Morgan Stanley

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