Goldman Sachs(US:GS)2025-01-15 17:53Financial Performance Highlights - Goldman Sachs reported full year 2024 net revenues of $53.51 billion[34], a 16% increase compared to 2023[35] - Full year 2024 net earnings reached $14.28 billion[34], with diluted EPS at $40.54[35], a 77% increase year-over-year[35] - The firm's ROE for 2024 was 12.7%[34], and ROTE was 13.5%[34] - In Q4 2024, net revenues were $13.87 billion[34], a 23% increase compared to Q4 2023[35], with an ROE of 14.6%[34] Segment Performance - Global Banking & Markets (GBM) reported full year 2024 net revenues of $34.943 billion[35], a 16% increase year-over-year[35]; Q4 2024 net revenues were $8.479 billion[35], a 33% increase compared to Q4 2023[35] - Asset & Wealth Management (AWM) reported full year 2024 net revenues of $16.142 billion[35], a 16% increase year-over-year[35]; Q4 2024 net revenues were $4.721 billion[35], an 8% increase compared to Q4 2023[35] - Platform Solutions reported full year 2024 net revenues of $2.427 billion[35], a 2% increase year-over-year[35]; Q4 2024 net revenues were $669 million[35], a 16% increase compared to Q4 2023[35] Asset & Wealth Management Details - AWM achieved record management and other fees of $10.4 billion in 2024, up 10% year-over-year[11] - Alternatives fundraising reached $72 billion in 2024, bringing the total to $323 billion since year-end 2019[11] - Private banking and lending revenues reached a record $2.9 billion in 2024, up 12% year-over-year[11] - Assets Under Supervision (AUS) increased by $325 billion during the year to a record $3.14 trillion[55]