Today, the Goldman Sachs Group announced net revenues of $15.06 billion and net earnings of $4.74 billion for Q1 2025, surpassing Wall Street expectations. The firm’s first quarter was 15% higher than in Q1 2024.
Despite market instability, David Solomon, Chairman and CEO, expressed that his firm is not concerned about its ability to adapt to an uncertain future. Today, he informed investors: “Our strong results this quarter have demonstrated that in times of great uncertainty, clients turn to Goldman Sachs for execution and insight. While we are entering the second quarter with a markedly different operating environment than earlier this year, we remain confident in our ability to continue to support our clients.”
The firm reported that it ranked first globally in announced and completed mergers and acquisitions, equity and equity-related offerings, as well as common stock offerings. Additionally, it placed second in high-yield debt offerings and leveraged loan offerings for the year to date.
By CEO NA Editorial Staff