Goldman Q1 preview

Goldman Sachs was set to report first-quarter results before markets opened Monday, with Wall Street looking for another quarter of double-digit growth. (cnbc.com) Analysts surveyed by London Stock Exchange Group expected earnings of $16.49 a share on $16.97 billion in revenue, and Goldman scheduled its earnings call for 9:30 a.m. Eastern time on April 13, 2026. (cnbc.com) The comparison point is already high: Goldman reported $14.12 a share in the first quarter of 2025, with an annualized return on common equity of 16.9%. (goldmansachs.com) Goldman’s business is still centered on two engines: Global Banking and Markets, which includes trading and dealmaking, and Asset and Wealth Management, which runs money for institutions and wealthy clients. In its 2025 annual report, the bank said those franchises were positioned to benefit from stronger client trading flows and an upswing in strategic activity. (goldmansachs.com) That mix matters because Goldman’s results can swing with market volatility and merger activity more than at consumer-heavy rivals. In the fourth quarter of 2025, the bank beat profit estimates as equities trading and asset and wealth management outperformed expectations. (cnbc.com) Goldman reported $13.45 billion in fourth-quarter 2025 revenue and $4.62 billion in net earnings on January 15, 2026, capping a full year with $58.28 billion in revenue and $17.18 billion in net earnings. (goldmansachs.com) Chief Executive David Solomon said in the 2025 annual report that Goldman saw growth opportunities in wealth, alternatives and solutions, while also pointing to a “more balanced regulatory regime” as a tailwind. (sec.gov) Monday’s report was the next test of whether that strategy is still translating into higher revenue, higher profit and returns near the levels Goldman posted a year earlier. (cnbc.com)