Goldman Sachs (GS) Q4 2025 earnings

Goldman Sachs (GS) Q4 2025 earnings

CNBC business

Key Points:

  • Goldman Sachs is set to report its fourth-quarter earnings before Thursday's market open, with Wall Street expecting earnings of $11.67 per share and revenue of $13.79 billion.
  • Trading revenue projections include $2.93 billion from fixed income and $3.70 billion from equities, while investment banking fees are expected to reach $2.58 billion.
  • The firm stands to benefit from increased market volatility driven by President Trump's policies, similar to JPMorgan Chase's recent strong trading performance.
  • Global investment banking revenue rose 12% year-over-year, which is likely to boost Goldman Sachs' advisory business, alongside anticipated gains in its asset and wealth management divisions.
  • Additionally, Goldman Sachs expects a 46-cent