GS Goldman Sachs Group Inc
Goldman Sachs Group, Inc. engages in global investment banking, securities, and investment management, which provides financial services. It operates through the following business segments: Investment Banking, Institutional Client Services, Investing and Lending, and Investment Management. The Investment Banking segment gives financial advisory services and help companies raise capital. The Institutional Client Services segment serves clients who come to buy and sell financial products, raise funding, and manage risk. The Investing and Lending segment includes investing and relationship lending activities; and making investment. The Investment Management segment involves in investment and wealth advisory services. The company was founded by Marcus Goldman in 1869 and is headquartered in New York, NY.
Company profile
Ticker
GS
Exchange
CEO
David Michael Solomon
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
Former names
Goldman Sachs Group Inc
SEC CIK
Corporate docs
IRS number
134019460
GS stock data
()
Calendar
5 Aug 19
18 Aug 19
31 Dec 19
News
Company financial data Financial data
| Quarter (USD) | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|
| Net income | 2.42B | 2.25B | 2.54B | 2.52B | |
| Diluted EPS | 5.81 | 5.71 | 6.06 | 6.28 | |
| Net change in cash | 3.21B | -42.66B | 11.68B | -12.55B | |
| Cash on hand | 91.09B | 87.88B | 130.55B | 118.87B |
| Annual (USD) | Dec 18 | Dec 17 | Dec 16 | Dec 15 | |
|---|---|---|---|---|---|
| Net income | 10.46B | 4.29B | 7.4B | 6.08B | |
| Diluted EPS | 25.27 | 9.01 | 16.29 | 12.14 | |
| Net change in cash | 20.5B | -11.66B | 28.27B | 18.41B | |
| Cash on hand | 130.55B | 110.05B | 121.71B | 93.44B |
Financial data from company earnings reports
Financial report summary
?Competition
Velocity Portfolio • Track Data • Mediabin • INTAC International • Greenhill & Co. • Lazard • Lazard • Axos Financial • Evercore • Discover Financial ServicesManagement Discussion
- Net revenues were $9.46 billion for the second quarter of 2019, 2% lower than the second quarter of 2018, primarily reflecting lower net revenues in Investment Management, reflecting significantly lower incentive fees, and Investment Banking, primarily reflecting significantly lower net revenues in debt underwriting. These decreases were partially offset by higher net revenues in Investing & Lending, reflecting significantly higher net gains in public equities and significantly higher net interest income in debt securities and loans.
- Provision for credit losses was $214 million for the second quarter of 2019, 9% lower than the second quarter of 2018, reflecting lower provisions related to purchased credit impaired (PCI) loans.
- Operating expenses were $6.12 billion for the second quarter of 2019, essentially unchanged compared with the second quarter of 2018, reflecting lower net provisions for litigation and regulatory proceedings and slightly lower compensation and benefits expenses, offset by higher expenses for technology and consolidated investments.
Content analysis
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7th grade Avg
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New words:
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Financial reports
10-Q
2019 Q2
Quarterly report
5 Aug 19
10-Q
2019 Q1
Quarterly report
6 May 19
10-K
2018 FY
Annual report
26 Feb 19
10-Q
2018 Q3
Quarterly report
2 Nov 18
10-Q
2018 Q2
Quarterly report
3 Aug 18
10-Q
2018 Q1
Quarterly report
4 May 18
10-K
2017 FY
Annual report
26 Feb 18
10-Q
2017 Q3
Quarterly report
3 Nov 17
10-Q
2017 Q2
Quarterly report
4 Aug 17
10-Q
2017 Q1
Quarterly report
4 May 17
Current reports
8-K
Second Quarter 2019 Earnings Results
16 Jul 19
8-K
Goldman Sachs Statement on Proposed Capital Actions
27 Jun 19
8-K
Material Modifications to Rights of Security Holders
17 Jun 19
8-K
Other Events
12 Jun 19
8-K
Submission of Matters to a Vote of Security Holders
3 May 19
8-K
First Quarter 2019 Earnings Results
15 Apr 19
8-K
Departure of Directors or Certain Officers
1 Mar 19
8-K
Financial Statements and Exhibits
20 Feb 19
8-K
Other Events
1 Feb 19
8-K
Results of Operations and Financial Condition
16 Jan 19
Registration and prospectus
424B2
Prospectus for primary offering
16 Aug 19
424B2
Prospectus for primary offering
16 Aug 19
424B2
Prospectus for primary offering
16 Aug 19
424B2
Prospectus for primary offering
16 Aug 19
424B2
Prospectus for primary offering
16 Aug 19
424B2
Prospectus for primary offering
16 Aug 19
424B2
Prospectus for primary offering
16 Aug 19
424B2
Prospectus for primary offering
16 Aug 19
424B2
Prospectus for primary offering
16 Aug 19
424B2
Prospectus for primary offering
16 Aug 19
Proxies
DEFA14A
Additional proxy soliciting materials
22 Mar 19
DEF 14A
Definitive proxy
22 Mar 19
DEF 14A
Definitive proxy
23 Mar 18
DEFA14A
Additional proxy soliciting materials
23 Mar 18
DEF 14A
Definitive proxy
17 Mar 17
DEFA14A
Additional proxy soliciting materials
17 Mar 17
DEF 14A
Definitive proxy
8 Apr 16
DEFA14A
Additional proxy soliciting materials
8 Apr 16
DEF 14A
Definitive proxy
10 Apr 15
DEFA14A
Additional proxy soliciting materials
10 Apr 15
Other
NO ACT
No action letter
2 Mar 17
NO ACT
No action letter
24 Feb 17
NO ACT
No action letter
26 Jan 17
NO ACT
No action letter
23 Jan 17
NO ACT
No action letter
4 Jan 17
CORRESP
Correspondence with SEC
2 Aug 16
CORRESP
Correspondence with SEC
28 Jul 16
UPLOAD
Letter from SEC
27 Jul 16
CORRESP
Correspondence with SEC
2 Mar 16
UPLOAD
Letter from SEC
1 Mar 16