Goldman (GS) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Financial Performance - For the quarter ended March 2025, Goldman Sachs reported revenue of $15.06 billion, a 6% increase year-over-year, and EPS of $14.12 compared to $11.58 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $15.02 billion, resulting in a surprise of +0.27%, while the EPS surprise was +11.09% against a consensus estimate of $12.71 [1] Key Metrics - Book Value Per Share was $344.20, slightly above the estimated $343.93 [4] - Total Assets Under Supervision (AUS) were $3,173 billion, below the estimated $3,187.21 billion [4] - Common equity tier 1 capital ratio was reported at 14.8%, slightly below the estimated 15% [4] - The leverage ratio was reported at 5.5%, matching the two-analyst average estimate [4] Revenue Breakdown - Net Revenues from Global Banking & Markets - FICC were $4.40 billion, below the estimated $4.57 billion, representing a year-over-year change of +1.9% [4] - Net Revenues from Asset & Wealth Management - Equity investments reported a loss of $5 million, significantly below the estimated $85 million, indicating a year-over-year change of -102.3% [4] - Net Revenues from Platform Solutions - Consumer platforms were $611 million, slightly below the estimated $621.01 million, showing a -1.1% change year-over-year [4] - Net Revenues from Global Banking & Markets - Equities were $4.19 billion, exceeding the estimated $3.76 billion, with a year-over-year increase of +26.6% [4] - Net Revenues from Asset & Wealth Management - Private banking and lending were $725 million, below the estimated $750.74 million, reflecting a year-over-year change of +6.3% [4] - Net Revenues from Platform Solutions - Transaction banking and other were $65 million, below the estimated $74.15 million, representing a year-over-year change of -18.8% [4] - Net Revenues from Global Banking & Markets - Advisory were $792 million, below the estimated $954.62 million, indicating a year-over-year change of -21.7% [4] - Total Net Revenues from Asset & Wealth Management were $3.68 billion, below the estimated $3.85 billion, reflecting a year-over-year change of -2.9% [4] Stock Performance - Shares of Goldman Sachs have returned -8.7% over the past month, compared to the Zacks S&P 500 composite's -3.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]