Goldman Sachs Posts Q2 EPS Of $20.98
GS•Goldman Sachs reports second-quarter results
- Q2 EPS: $20.98 vs IBES estimate of $14.48
- Q2 provision for credit losses: $102 million vs IBES estimate of $204.9 million
- Q2 investment banking fees: $3.40 billion
- Q2 provisions for credit losses primarily reflected impairments related to wholesale loans
- Q2 headcount decreased 2% vs end of Q1
- Quarterly dividend increased to $5/share in Q3
- Q2 net revenue: $20.34 billion vs IBES estimate of $16.13 billion
- Q2 NII: $3.95 billion
- Q2 Platform Solutions revenue drop mainly due to net markdowns in net revenues related to Apple Card loan portfolio
