Goldman Sachs Stock Holds Firm Amid Fresh Earnings Anticipation
Goldman Sachs' stock has remained steady despite investors waiting for fresh earnings. The company reported net revenues of $50.6 billion for fiscal 2024, a $4.3 billion increase from the previous year.
The bank's diluted earnings per common share rose to $14.1 in fiscal 2024, up from $8.52 in fiscal 2023. Net earnings applicable to common shareholders increased to $14.3 billion from $8.5 billion a year earlier.
Total assets at Goldman Sachs stood at $128.7 billion as of December 31, 2024, while total stockholders' equity reached $121.6 billion. The firm's liquidity pool remained substantial, with average total liquidity resources of $1 trillion reported for 2024.