Goldman Sachs Stock News

Bank stock Goldman Sachs Group Inc (NYSE:GS) is up 2.5% at $506.83 at last glance, after the company's better-than-expected first-quarter report.

Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) opened around 3% higher on Wall Street despite a slowdown in investment banking fees, as strong trading revenue lifted overall results. First-quarter profits rose 15% to $4.74 billion, with revenue up 6% at $15 billion.

Goldman's profit rose to $4.74 billion, or $14.12 per share, for the three months ended March 31, the bank said. That compared with $4.13 billion, or $11.58 per share, a year earlier.

Goldman Sachs reported earnings for the first quarter of 2025 on Monday. The bank said it brought in net revenue of more than $15 billion in the quarter.

Shares in Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) climbed 2.6% pre-market as the bank reported stronger earnings than expected and announced a $40 billion share buyback.  Earnings per share came in at $14.12 for the first quarter, versus the $12.26 consensus estimate, strongly higher than the $11.58 for the first quarter of 2024 and $11.95 for the fourth quarter of 2024.

Goldman Sachs (GS) shares advanced in premarket trading Monday after the bank's first-quarter results mostly topped analysts' estimates.

Goldman Sachs released its earnings after President Donald Trump moved to cool threats of a global trade war.

US stock indices are expected to continue rallying on Monday, where they left off last week, following the exemption from 'reciprocal' tariffs for smartphones and computers.   Tech companies were predicted to lead the gains at the start of the week, with Nasdaq 100 futures rising 1.7%, followed by a 1.5% gain for S^P 500 futures and 1% for the Dow Jones.