Goldman Sachs(US:GS)2024-07-15 13:04Financial Highlights - Net revenues for 2Q24 reached $12.73 billion[2], while year-to-date net revenues totaled $26.94 billion[2] - Net earnings for 2Q24 were $3.04 billion[3], and year-to-date net earnings amounted to $7.18 billion[3] - Earnings per share (EPS) for 2Q24 stood at $8.62[4], with a year-to-date EPS of $20.21[4] - Annualized Return on Equity (ROE) for 2Q24 was 10.9%[5], and the year-to-date ROE was 12.8%[5] - Annualized Return on Tangible Equity (ROTE) for 2Q24 was 11.6%[6], with a year-to-date ROTE of 13.8%[6] Business Segment Performance - Global Banking & Markets reported net revenues of $8.184 billion in 2Q24, a 14% increase compared to 2Q23, and $17.910 billion year-to-date, a 15% increase compared to 2Q23 YTD[9] - Asset & Wealth Management's net revenues were $3.878 billion in 2Q24, a 27% increase compared to 2Q23, and $7.667 billion year-to-date, a 22% increase compared to 2Q23 YTD[9] - Platform Solutions generated net revenues of $669 million in 2Q24, a 2% increase compared to 2Q23, and $1.367 billion year-to-date, a 12% increase compared to 2Q23 YTD[9] Asset & Wealth Management Details - Record Assets Under Supervision (AUS) reached $2.93 trillion[5] - Alternative investments AUS increased by $18 billion to $314 billion[35]