Goldman Sachs (GS) Q4 2025 earnings

Goldman Sachs It reported fourth-quarter earnings before the opening bell on Thursday.

Here are Wall Street’s expectations:

• Earning: $14.01 per share may not compare to $11.67 estimate
• Revenues: $13.45 billion may not compare to $13.79 billion estimate

Goldman Sachs was designed to take advantage of several trends in the fourth quarter.

Trading desks on Wall Street benefited last year as President Donald Trump’s policies rattled bond, currency, commodity and stock markets.

For example, rival JPMorgan Chase StreetAccount beat expectations for fourth-quarter results on equities and fixed-income trading revenues that beat its forecast by a total of $460 million.

According to Dealogic, global investment banking revenue in the quarter was 12% higher than a year ago; This will provide a boost to Goldman’s advisory business.

The company’s asset and wealth management division is also expected to see gains as stock market levels remain buoyant in the quarter.

Finally, the bank said last week that the deal to spin off its Apple Card business to JPMorgan would result in a 46 cents per share increase in quarterly results.

This story is developing. Please check back for updates.