Goldman Sachs Group, Inc.
Headquarters:
200 West Street, New York City, USA
Founded:
1869 by Marcus Goldman(Wikipedia)
CEO:
David M. Solomon(Wikipedia)
Employees:
Approximately 46,500 (as of 2024)(Wikipedia)
Stock Ticker:
GS (NYSE)
Website:
www.goldmansachs.com
💼 Business Overview
Goldman Sachs is a leading global investment bank and financial services company. It offers a wide range of services, including:
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Investment Banking: Advisory services for mergers and acquisitions, financing, and risk management.
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Global Markets: Trading and market-making activities in various asset classes.(Wikipedia)
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Asset & Wealth Management: Investment management and wealth management services for institutions and individuals.
The company operates in over 30 countries and serves a diverse client base, including corporations, financial institutions, governments, and individuals.
📊 Financial Highlights (2024)
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Total Revenue: $53.51 billion(Goldman Sachs)
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Net Income: $14.28 billion(Goldman Sachs)
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Earnings Per Share (EPS): $40.54(GuruFocus)
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Return on Equity (ROE): 12.7%(Goldman Sachs)
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Assets Under Supervision (AUS): $3.1 trillion(GuruFocus)
These figures reflect a strong financial performance, with significant growth in both revenue and profitability. (GuruFocus)
📈 Recent Developments
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Economic Outlook: Goldman Sachs has revised its economic forecasts, raising U.S. and Chinese GDP projections following a temporary trade truce between the U.S. and China. The agreement includes mutual reductions in tariffs, leading to increased optimism about global economic growth. (Reuters)
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Stock Performance: As of May 16, 2025, Goldman Sachs' stock (GS) is trading at $615.90, reflecting a slight increase of 0.72% from the previous close.