The Goldman Sachs Group Earnings Summary: Q1 2026

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The Goldman Sachs Group reported strong financial results for the first quarter of 2026, with net revenues of $17.23 billion and net earnings of $5.63 billion. The firm delivered earnings per share (EPS) of $17.55 and a return on equity (ROE) of 19.8%, while book value per share increased to $361.19.

Performance was primarily driven by the Global Banking & Markets segment, which generated $12.74 billion in revenue, up 19% year-over-year. This growth was supported by a 48% increase in investment banking fees to $2.84 billion, reflecting strong mergers and acquisitions activity and robust equity and debt underwriting. Equities revenue also rose 27% to $5.33 billion, although Fixed Income, Currency and Commodities (FICC) revenue declined 10% to $4.01 billion due to weaker results in interest rate products and mortgages.



Asset & Wealth Management delivered solid growth, with revenues increasing 10% to $4.08 billion, driven by higher management fees and growth in client assets. Total assets under supervision reached $3.65 trillion. In contrast, Platform Solutions revenue declined to $411 million from $610 million in the prior year, mainly due to markdowns related to the Apple Card loan portfolio.

Operating expenses rose 14% to $10.43 billion, leading to an efficiency ratio of 60.5%. The provision for credit losses was $315 million, primarily reflecting loan growth and impairments. Net earnings were supported by a relatively low effective tax rate of 13.2%, which added approximately $2.91 to EPS through tax benefits on share-based compensation. The firm maintained strong capital and returned $6.38 billion to shareholders during the quarter, including $5 billion in share repurchases and $1.38 billion in dividends. Goldman Sachs ended the period with $2.06 trillion in total assets and a Common Equity Tier 1 (CET1) capital ratio of 12.5%. Geographically, the Americas accounted for 60% of total net revenues, followed by EMEA at 22% and Asia at 18%.
Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.