Goldman Sachs (GS) Q1 2026 (USD): EPS 17.55 (exp. 16.41), Revenue 17.2bln (exp. 16.95bln)

Equities sales and trading revenue 5.33bln (exp. 4.9bln).
FICC sales and trading revenue 4.01bln (exp. 4.87bln).
Global banking and markets net revenue 12.74bln (exp. 12.5bln).
Advisory revenue 1.49bln (exp. 1.27bln).
Provision for credit losses 315mln, +9.8% Y/Y (prev. net benefit of 2.12bln Q/Q). Provisions for the first quarter of 2026 primarily reflected growth and impairments related to wholesale loans.
NII 3.56bln (exp. 3.52bln).
Net revenues in Asset & Wealth Management 4.08bln, -14% Q/Q, +10% Y/Y.
Operating expenses 10.43bln, +14% Y/Y, +7% Q/Q; increase primarily reflected significantly higher transaction based expenses and higher compensation and benefits expenses (reflecting improved operating performance).
Efficiency ratio 60.5% (prev. 60.6%).