Goldman Sachs Group Inc. (GS)
The company now
Goldman Sachs reported net revenues of $18.68 billion and net earnings of $5.29 billion for the third quarter of 2026, on 13 October 2026 1. Revenues were 23% higher than a year earlier, and diluted earnings per common share were $17.01, against $12.25 a year before 1.
The gain came mostly from trading shares for big clients and lending to them 1. Equities revenue rose 72% to $6.44 billion, which Reuters tied to volatile markets around the Middle East conflict 15. Advisory, the fees for steering mergers, had a record quarter 5.
The firm is also finishing its exit from consumer lending: Chase is set to take over the Apple Card in about 24 months from January 2026 8. Meanwhile it keeps buying fund managers, with NEOS and LCN still waiting to close 67.
The open question is leadership: the Wall Street Journal reported that a plan had been discussed for Solomon to hand the chief executive role to John Waldron, Reuters wrote 5. A spokesperson said the board regularly discusses succession and there is no definitive timeline 5.
As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.