高盛 Goldman Sachs Group Inc. (GS) 2025年第四季度及全年业绩报告「NYSE」（英文版）（15页）.pdf

1、 Full Year and Fourth Quarter 2025Earnings ResultsMedia Relations:Tony Fratto 212-902-5400Investor Relations:Jehan Ilahi 212-902-0300The Goldman Sachs Group,Inc.200 West Street|New York,NY 10282Goldman Sachs Reports Earnings Per Common Share of$51.32 for 2025 andIncreases the Quarterly Dividend to$4

2、.50 Per Common Share in the First Quarter 2026Fourth Quarter Earnings Per Common Share was$14.01Full Year and Fourth Quarter 2025 Earnings ResultsNEW YORK,January 15,2026 The Goldman Sachs Group,Inc.(NYSE:GS)today reported net revenues of$58.28 billion and net earnings of$17.18 billion for the year

3、ended December 31,2025.Net revenues were$13.45 billion and net earnings were$4.62 billion for the fourth quarter of 2025.Diluted earnings per common share(EPS)was$51.32 for the year ended December 31,2025 compared with$40.54 for the year ended December 31,2024,and was$14.01 for the fourth quarter of

4、 2025 compared with$11.95 for the fourth quarter of 2024 and$12.25 for the third quarter of 2025.Return on average common shareholders equity(ROE)1 was 15.0%for 2025 and annualized ROE was 16.0%for the fourth quarter of 2025.Book value per common share increased by 6.2%during 2025 and by 1.1%during

5、the fourth quarter of 2025 to$357.60.1Net Revenues2025$58.28 billion4Q25$13.45 billionNet Earnings2025$17.18 billion4Q25$4.62 billionEPS2025$51.324Q25$14.01Book Value Per Share2025$357.602025 Growth 6.2%ROE12025 15.0%4Q25 16.0%Financial SummaryGoldman Sachs ReportsFull Year and Fourth Quarter 2025 E

6、arnings Results The Goldman Sachs Group,Inc.and SubsidiariesFull YearNet revenues were$58.28 billion for 2025,9%higher than 2024,reflecting higher net revenues in Global Banking&Markets,partially offset by significantly lower net revenues in Platform Solutions(which reflected a reduction in net reve