Monday, Goldman Sachs Group (NYSE: GS) reported its first-quarter results before market open. The firm disclosed earnings per share that surpassed analyst expectations, while also showing an increase from a year earlier.
The quarter recorded earnings per share of $17.55, which was higher than the analyst estimate of $16.49 and also increased from $14.12 a year earlier.
Goldman Sachs Group generated revenue of $17.23 billion, surpassing the analyst estimate of $16.97 billion and improving from $15.06 billion a year earlier.
Net revenues in Global Banking & Markets reached $12.74 billion for the first quarter of 2026, marking a 19 percent increase from the first quarter of 2025 and a 22 percent rise from the fourth quarter of 2025.
Asset & Wealth Management net revenues were $4.08 billion for the first quarter of 2026, reflecting a 10 percent increase from the first quarter of 2025 but a 14 percent decline from the fourth quarter of 2025.
Platform Solutions net revenues amounted to $411 million for the first quarter of 2026, compared with $610 million for the first quarter of 2025 and $(1.68) billion for the fourth quarter of 2025.
David Solomon, Chairman and CEO of Goldman Sachs, stated, “Goldman Sachs delivered very strong performance for our shareholders this quarter, even as market conditions became more volatile. Our clients continue to depend on us for high quality execution and insights amid the broader uncertainty, and we remain confident in how we’ve positioned our businesses.”
Goldman Sachs declared a dividend of $4.50 per common share to be paid on June 29, 2026, to common shareholders of record on June 1, 2026.