Goldman Sachs is expected to report third-quarter earnings with an earnings per share of $11 and revenue of $14.1 billion. Trading revenue is projected to be $3.19 billion for Fixed Income and $3.9 billion for Equities. Investment banking fees are expected to be $2.15 billion.

The company is poised to benefit from market volatility due to President Trump’s tariff policies, leading to increased trading revenue. Investment banking activity has also increased, with revenue up 22% from the previous year. Additionally, the firm’s asset and wealth management division is expected to benefit from near record-high stock prices.

Goldman Sachs recently announced the acquisition of Industry Ventures, a venture capital firm with $7 billion in assets under supervision, to enhance its asset management division. The bank’s shares have surged 37% this year. JPMorgan Chase, Wells Fargo, Citigroup, Bank of America, and Morgan Stanley will also release earnings this week.

Stay tuned for updates on this developing story.

Read more at CNBC: Goldman Sachs (GS) earnings Q3 2025