Goldman Sachs Achieves Record Profits in First Quarter 2024

Goldman Sachs reported first quarter earnings per common share of $11.58 and annualized return on common equity of 14.8%, with net revenues of $14.21 billion and net earnings of $4.13 billion. Chairman and CEO David Solomon highlighted the firm's strong performance and interconnected franchises, emphasizing their focus on core strengths to serve clients and deliver for shareholders. A conference call to discuss the financial results and outlook will be held, with details provided for public access.