Goldman Sachs (GS) Q4 2025 (USD): EPS 14.01 (exp. 11.70), Revenue 13.45bln (exp. 14.52bln); raises quarterly dividend to 4.50 (prev. 4)

Newsquawk Staff · 15 Jan 2026, 12:45 UTC

Key Metrics

Provision for credit losses was net benefit USD 2.12bln.
FICC sales and trading revenue 3.11bln (exp. 2.95bln).
Equities trading revenue 4.31bln (exp. 3.65bln).

Commentary

Continue to see high levels of client Engagement across franchise and expect momentum to accelerate in 2026

What it means

Goldman Sachs reported better-than-expected EPS for Q4 2025, highlighting strong trading revenues in both FICC and equities, which could reflect robust client engagement and market conditions. However, the revenue fell short of expectations, indicating some caution regarding overall growth prospects. The raised dividend suggests confidence in cash flow and returns to shareholders, but the mixed results could lead to scrutiny about the continuation of this performance.

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