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Jun 30, 2024
Goldman Sachs Q2 2024 Earnings Report
Reported solid second quarter results with strong growth in Global Banking & Markets and Asset & Wealth Management.
Key Takeaways
Goldman Sachs reported net revenues of $12.73 billion and net earnings of $3.04 billion for the second quarter ended June 30, 2024. Diluted earnings per common share (EPS) was $8.62 for the second quarter of 2024.
Global Banking & Markets generated $8.18 billion in net revenues, driven by strong performance in Equities.
The firm ranked #1 in worldwide announced and completed mergers and acquisitions for the year-to-date.
Asset & Wealth Management generated $3.88 billion in net revenues, including record quarterly Management and other fees.
Assets under supervision increased $86 billion during the quarter to a record $2.93 trillion.