secwatch.observer — SEC 8-K summary
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Issuer:     GOLDMAN SACHS GROUP INC (GS)
CIK:        0000886982
Form:       8-K
Filed at:   2023-01-17T23:59:59+00:00
Accession:  0001193125-23-008906
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Goldman Sachs FY2022 EPS $30.06, down 49% YoY; Q4 EPS $3.32; revenue $47.37B
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- FY2022 net revenues $47.37B, net earnings $11.26B, diluted EPS $30.06, down 49% from $59.45 in 2021.
- Q4 2022 net revenues $10.59B, net earnings $1.33B, diluted EPS $3.32 vs. $10.81 in Q4 2021.
- Investment banking fees fell 48% to $7.36B for FY2022, with backlog down significantly.
- Provision for credit losses surged to $2.72B in FY2022 from $357M in 2021, driven by credit card growth and macroeconomic concerns.
- Declared quarterly dividend of $2.50 per share; returned $6.70B to shareholders in 2022, including $3.50B in buybacks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886982/000119312523008906/0001193125-23-008906-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886982/000119312523008906/d387409d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-008906

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