Goldman Sachs Reports 2024 First Quarter Earnings Per Common Share of $11.58 and Annualized Return on Common Equity of 14.8%

Banking & Finance
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David Solomon Chairman and Chief Executive Officer | Official website

The Goldman Sachs Group, Inc. announced its financial results for the first quarter ended March 31, 2024. The company reported net revenues of $14.21 billion and net earnings of $4.13 billion. Diluted earnings per common share (EPS) were $11.58, with an annualized return on average common shareholders’ equity (ROE) of 14.8% for the first quarter of 2024.

In a statement, David Solomon, Chairman and CEO of Goldman Sachs, expressed satisfaction with the quarterly performance, stating, “Our first quarter results reflect the strength of our world-class and interconnected franchises and the earnings power of Goldman Sachs. We continue to execute on our strategy, focusing on our core strengths to serve our clients and deliver for our shareholders.”

To provide further details on the earnings, a conference call is scheduled to discuss the firm’s financial results, outlook, and related matters. The call, set for 9:30 am (ET) on the date noted, will be open to the public. Those interested in joining the call can dial +1-800-289-0459 (in the U.S.) and +1-323-794-2095 (outside the U.S.) with the passcode number 7042022. Additionally, the conference call will be accessible as an audio webcast through the Investor Relations section of the website, www.goldmansachs.com/investor-relations. A replay of the call will be available on the website approximately three hours after the event for those unable to listen to the live broadcast.

For inquiries regarding access to the conference call, individuals are encouraged to contact Goldman Sachs Investor Relations via email at gs-investor-relations@gs.com.

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