Goldman Sachs Kicks Off Earnings Season

nasdaq
2026.04.18 15:15
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Goldman Sachs has kicked off the earnings season with its Q1 2026 financial report, showing net revenues of $17.2 billion, a 14% year-over-year increase, and earnings per share of $17.55, surpassing Wall Street's expectations. The Asset and Wealth Management Unit reported $4.08 billion, a 10% increase, although it missed targets due to a dip in private banking revenue. While fixed income revenue fell by 10%, equity revenue rose by 27%. Analysts suggest these mixed results reflect the bank's efficient operations amid varying economic conditions.