earnings
confidence high
sentiment positive
materiality 0.80
Goldman Sachs 3Q26 EPS $17.01; revenue $18.68B up 23% YoY; dividend raised to $5.00
GOLDMAN SACHS GROUP INC
- Net revenues $18.68B (+23% YoY, -8% QoQ); net earnings $5.29B; diluted EPS $17.01 vs $12.25 in 3Q25 and $20.98 in 2Q26; annualized ROE 18.7%.
- Global Banking & Markets revenue $13.46B (+32% YoY); Equities $6.44B (+72%) on record financing; FICC $3.47B flat; investment banking fees $3.22B (+21%) with record Advisory $1.65B.
- Asset & Wealth Management revenue $5.05B (+14% YoY); record Management and other fees $3.59B; AUS rose to record $4.10T; long-term net inflows $97B.
- Platform Solutions revenue $170M (-72% YoY) on Apple Card loan markdowns; provision for credit losses $368M; operating expenses $11.31B (+20% YoY).
- Board declared $5.00/share common dividend payable Dec 30, 2026, record Dec 2; 3Q26 included $3.00B buybacks at avg $1,048.73; charitable gifts cut EPS by ~$1.00.