Goldman Projects 46-Cent EPS Gain in Q4 From Apple Card Transition
ZACKS·2026-01-09 18:17

Key Takeaways Goldman agreed to exit the Apple Card program, with transition expected over the next 24 months.GS expects a 46-cent EPS lift in 4Q25 from $2.48B releases, offset by $2.26B markdowns and $38M costs.Goldman will keep running Apple Card during the transition and continue recording portfolio results.The Goldman Sachs Group, Inc. (GS) announced an agreement to end its long-standing partnership with Apple Inc. (AAPL) and transition the Apple Card program and associated accounts to JPMorgan (JPM) . ...