Goldman Sachs (NYSE:GS) reported Q1 2023 earnings of $8.79 per diluted share, down from $10.76 a year earlier. Analysts polled by Capital IQ expected $8.10.
Total net revenue for the quarter ended March 31, expressed as the sum of net interest income and total noninterest revenues, was $12.22 billion, down from $12.93 billion a year earlier.
Analysts surveyed by Capital IQ expected $12.66 billion.
During the quarter, the firm returned $3.41 billion of capital to common shareholders, including $2.55 billion of common share repurchases (7.1 million shares at an average cost of $359.77) and $868 million of common stock dividends.