Goldman Sachs Stock Dips as Trust Banks Gain Favor

Goldman Sachs stock closed at $923.29 on the NYSE on September 25, 2026, down $13.07 or 1.40 percent from its previous close of $936.36.

The shares underperformed the Dow Jones Industrial Average, which fell 0.31 percent.

Goldman Sachs' next earnings release is scheduled for October 13, 2026, before market open, according to Zacks.

Wells Fargo analyst Mike Mayo said trust banks were positioned to outperform capital-markets-focused Goldman Sachs in the third quarter, and he lowered his Goldman Sachs estimates while retaining a Buy rating.

The analyst comparison placed Goldman Sachs against trust-bank peers rather than treating the decline as an isolated company event.