Goldman Sachs Q1 EPS $8.79, revenue $12.22B; Marcus loan sale impacts results

GOLDMAN SACHS GROUP INC

2023-Q1 EPS reported $8.79

Diluted EPS of $8.79 vs. $10.76 in Q1 2022; net revenues of $12.22B, down 5% YoY.
Global Banking & Markets revenue $8.44B (-16% YoY); record Equities financing revenue.
Asset & Wealth Management revenue $3.22B (+24% YoY); record AUS of $2.67 trillion.
Platform Solutions revenue $564M, more than double YoY; credit card balances drove growth.
Efficiency ratio 68.7% vs 59.7% YoY; declared $2.50 common dividend, repurchased $2.55B in shares.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

GOLDMAN SACHS GROUP INC reported the first quarter ended March 31, 2023 results: revenue $12.22 billion, net income $3.23 billion, EPS $8.79.

Period: the first quarter ended March 31, 2023
Revenue: $12.22 billion
Net income: $3.23 billion
EPS: $8.79
Result: reported results

Exact text from the filing

The Goldman Sachs Group, Inc. (NYSE: GS) today reported net revenues of $12.22 billion and net earnings of $3.23 billion for the first quarter ended March 31, 2023.

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

GOLDMAN SACHS GROUP INC filing history →

Source: SEC EDGAR

accession 0001193125-23-104264

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