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

Suscribir
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre las opciones binarias de Dukascopy Bank / La plataforma de operaciones de Forex, SWFX y otra información relacionada con el Trading, por favor llámenos o solicite una devolución de llamada.
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información acerca de la plataforma de operaciones Crypto Trading / CFD / Forex, SWFX y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre Business Introducer y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.