Earnings PerformanceGoldman Sachs outperformed on earnings, trading up approximately 6% due to strong performance in GBM, better-than-expected AWM, and lower compensation expenses.
Investment Banking RecoveryGoldman Sachs is expected to see a further recovery in investment banking fees driven by increased CEO confidence.
Shareholder ReturnsGoldman Sachs is an outperformer in terms of shareholder return, with above-average ROE and generous capital returns via dividends and share repurchases.