From CNBC: 2025-01-15 14:29:53

Goldman Sachs reported a strong fourth-quarter, with revenue increasing over 22% year over year to $13.9 billion, exceeding expectations. Earnings per share more than doubled, coming in at $11.95. The investment bank is optimistic about an increase in mergers-and-acquisitions activity and initial public offerings in 2025, leading to a rise in their stock price.

Goldman Sachs ended the year as the No.1 M & A advisor in markets. The firm is expecting increased dealmaking activity in 2025, supported by an improving regulatory backdrop and CEO confidence. They also reported a record capital return to shareholders in 2024, with $11.8 billion returned, mainly through buybacks. This is a good sign for investors.

Goldman Sachs delivered a flawless quarter, surpassing expectations on key metrics like efficiency ratio and return on tangible common equity. The firm also saw strong revenue growth in global banking and markets segment, driven by equities revenue, investment banking fees, and fixed income. Asset and wealth management revenue was also up, reaching an all-time high.

Goldman’s platform solutions segment, which includes the Apple Card, showed revenue growth but reported a loss. However, CEO David Solomon expects the segment to break even in 2025, with the Apple Card driving profitability. The firm is preparing for the partnership to wind down by 2030, with JPMorgan reportedly in discussions to take over the Apple Card.

Goldman Sachs shares surged to near all-time highs following a strong fourth-quarter performance, with revenue exceeding expectations and a positive outlook for increased dealmaking activity in 2025. The firm reported record capital return to shareholders in 2024, boosting investor confidence in the stock.



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