Goldman Sachs

The Goldman Sachs Group, Inc.  (NYSE:GS) is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

Goldman Sachs (NYSE:GS) Q1 2023 Earnings, Revenue Decrease

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.

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