Goldman Sachs' Q2 Profits Plunge Amid Real Estate Hits and Banking Slump
TL;DR Summary
Goldman Sachs reported second quarter earnings per common share of $3.08 and an annualized return on common equity of 4.0%. The results were impacted by selected items related to the execution of strategic goals, which reduced earnings per share by $3.95 and annualized return on equity by 5.2 percentage points. The firm highlighted solid returns in Global Banking & Markets and record revenues in Asset & Wealth Management.
- Goldman Sachs Reports 2023 Second Quarter Earnings Per Common Share of $3.08 and Annualized Return on Common Equity of 4.0% Goldman Sachs
- Goldman Sachs misses on profit after hits from GreenSky, real estate CNBC
- Goldman's profits plunged 58% in 2Q Yahoo Finance
- Live news: Goldman reports lowest profit in almost 6 years as slowdown hits trading Financial Times
- Goldman Sachs Profit Tumbles on Real Estate Hits, Banking Slump Bloomberg
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