Earnings, Revenues Rise For Q2 2025 At Goldman Sachs

Editorial Staff

18 July 2025

Goldman Sachs has reported second-quarter 2025 net revenues of $14.58 billion – 15 per cent higher than the same period a year ago – and net earnings of $3.72 billion, up 22 per cent year.

The New York-listed firm logged private banking and lending fees of $1.514 billion in Q2 2025, up 9 per cent on a year earlier. Management and other fees in asset and wealth management rose 10 per cent to $5.508 billion. Total net revenues in asset and wealth management dipped 3 per cent in Q2 2025 to $7.457 billion. The 3 per cent decrease compared with the second quarter of 2024 reflected significantly lower net revenues in both equity investments and debt investments, partially offset by higher management and other fees.

The increase in private banking and lending net revenues primarily reflected higher net interest income from lending.

At the end of June, Goldman Sachs had a Common Equity Tier 1 ration – a standard international yardstick of a bank’s shock absorber capital – of 14.5 per cent on a standardized basis, slightly down from the end of March this year, it said.

Total employee headcount rose 4 per cent year-on-year to 45,900 at the end of June.