Goldman Sachs Q1 net revenues $8.03 billionStaff 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 Diluted earnings were $5.15
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. ■