Goldman Sachs Grapples With $2.26B Apple Card Loss, Eyes 15% IB Growth
Goldman Sachs posted Q4 net revenue of $13.45B, down 3% YoY, with record trading revenue offset by a $2.26B loss on Apple Card exit and GAAP EPS of $14.01. Bank of America Securities now projects 15% 2026 investment-banking growth and raised Goldman Sachs’ price target from $1,050 to $1,100.
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