"Goldman Sachs reported Q1 2026 EPS of $17.55 versus a FactSet estimate of $16.47, with revenue of $17.23 billion, up 14%, against a $16.99 billion estimate. Net earnings rose 18% to $5.63 billion, EPS climbed 24%, equity trading revenue rose 27%, and investment banking fees rose 48%. Yet the stock fell approximately 4% in premarket trading, as net interest income missed and credit loss provisions disappointed."
"The past decade saw Goldman transform itself. Management pursued consumer banking, then reversed course, absorbing $2.26 billion in markdowns and termination obligations to exit the Apple Card program and selling the GM credit card portfolio. The pivot back to core strengths paid off, with full-year 2025 equities net revenues hitting a record $16.54 billion, up 23% year over year."
"A $1,000 investment 10 years ago would be worth approximately $7,224 today, based on that 622.4% return. The S&P 500 returned 229.96% over the same period, meaning Goldman roughly tripled the index. Over five years, Goldman's 209.41% dwarfed the S&P 500's 65.1%."
Goldman Sachs reported Q1 2026 EPS of $17.55, exceeding estimates, with revenue of $17.23 billion, a 14% increase. Net earnings rose 18% to $5.63 billion. Despite strong performance in equity trading and investment banking, the stock fell 4% in premarket trading due to missed net interest income and disappointing credit loss provisions. The firm has shifted focus back to core strengths, achieving record revenues in equities and investment banking. A $1,000 investment a decade ago would now be worth $7,224, significantly outperforming the S&P 500.
Read at 24/7 Wall St.
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