Goldman Sachs CEO David Solomon speaks in an interview at the Economic Club in Washington, October 30, 2025.
Kevin Lamarque | Reuters
goldman sachs It is scheduled to report first-quarter earnings before the opening bell on Monday.
Here’s what Wall Street is expecting.
Revenue: $16.49 per share (as per LSEG) Revenue: $16.97 billion (as per LSEGT) Trading revenue: $4.92 billion in bonds, $4.91 billion in equity (per StreetAccount) Investment banking fees: $2.5 billion (per StreetAccount)
Goldman Sachs is poised to benefit from several trends in the first quarter.
Wall Street trading desks have been busy since the start of the year, as institutional investors create new positions to counter AI-driven disruption across sectors.
At the same time, the recovery in the investment banking industry is expected to continue, with Dealogic saying industry revenues are expected to grow 10% in the quarter.
For Goldman Sachs, which derives most of its revenue from its trading and investment banking franchise, analysts’ main questions revolve around the impact of the Iran war that began on February 28th.
Disruptive events that affect commodity prices, such as the Iran conflict, may cause corporate customers to be sidelined, meaning that merger activity may begin to slow down. At the same time, due to fluctuations in interest rates, bond prices, and currencies, churn can lead to increased trading profits.
The bank’s stock price has risen about 3% this year.
This story is developing. Please check back for the latest information.
