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Dec 31, 2024
Goldman Sachs Q4 2024 Earnings Report
Goldman Sachs reported strong Q4 2024 earnings, driven by revenue growth across all segments.
Key Takeaways
Goldman Sachs reported net revenues of $13.87 billion and net earnings of $4.11 billion for the fourth quarter of 2024. Diluted earnings per common share (EPS) was $11.95 for the fourth quarter of 2024.
Net revenues were $13.87 billion, a 23% increase compared to Q4 2023.
Net earnings reached $4.11 billion, significantly higher than the previous year.
EPS was $11.95, a substantial increase from $5.48 in Q4 2023.
Global Banking & Markets showed significant revenue growth.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
While the report does not explicitly contain forward guidance, it expresses optimism due to an improving operating backdrop and growing CEO confidence.
Positive Outlook
- Improving operating backdrop.
- Growing CEO confidence.
- Harnessing the power of One Goldman Sachs.
- Commitment to serve clients with excellence.
- Aim to create further value for shareholders.
Challenges Ahead
- The report contains forward-looking statements that are subject to uncertainty and outside of the firm’s control.
- Actual results, financial condition, and liquidity may differ materially from anticipated results.
- Transactions may be modified or not completed, affecting investment banking fees.
- Decline or weakness in general economic conditions.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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