secwatch.observer — SEC 8-K summary
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Issuer:     GOLDMAN SACHS GROUP INC (GS)
CIK:        0000886982
Form:       8-K
Filed at:   2023-10-17T23:59:59+00:00
Accession:  0001193125-23-257291
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 Q3 EPS $5.47, net revenues $11.82B; announces GreenSky sale
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- Net earnings $2.06B, diluted EPS $5.47 (vs $8.25 in Q3 2022); net revenues $11.82B essentially unchanged YoY.
- Global Banking & Markets net revenues $8.01B (+6% YoY); FICC financing record; Equities up 8%.
- Asset & Wealth Management net revenues $3.23B (-20% YoY) due to net losses in equity investments; record management fees $2.41B.
- Operating expenses $9.05B (+18% YoY) included $506M GreenSky intangible write-down and $358M real estate impairments.
- Declared dividend $2.75/share; repurchased 4.2M shares for $1.50B; announced agreements to sell GreenSky and Personal Financial Management.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886982/000119312523257291/0001193125-23-257291-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886982/000119312523257291/d493068d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-257291

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