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Goldman Sachs Q1 net revenues $8.03 billion

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Staff Writer | April 18, 2017
The Goldman Sachs Group reported net revenues of $8.03 billion and net earnings of $2.26 billion for the first quarter ended March 31, 2017.
Goldman Sachs
Goldman Sachs   Diluted earnings were $5.15
Diluted earnings per common share were $5.15 compared with $2.68 for the first quarter of 2016 and $5.08 for the fourth quarter of 2016. Annualized return on average common shareholders’ equity (ROE) was 11.4% for the first quarter of 2017.

POST forecast was $5.38 and revenue $8.37 billion.

Investing & Lending generated net revenues of $666 million from debt securities and loans, its highest quarterly performance in nearly four years.

Book value per common share increased by 1.4% during the quarter to $184.98.

The firm maintained strong capital ratios and liquidity. The firm’s Common Equity Tier 1 ratio as calculated in accordance with the Standardized approach and the Basel III Advanced approach was 14.2% and 12.9%, respectively, and the firm’s global core liquid assets were $222 billion as of March 31, 2017.