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Goldman Sachs tops estimates as traders generate $840 million more revenue than expected

July 16, 2025
03:49 PM
4 min read
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Trading desks across Wall Street have benefited as President Donald Trump's tariff policies have roiled markets for bonds, currencies, commodities and stocks.

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investment

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July 16, 2025

03:49 PM

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CNBC

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Goldman Sachs on Wednesday posted results that topped expectations as its trading operations generated $840 million more in revenue than analysts had expected

Furthermore, The bank said that second-quarter fit jumped 22% from a year earlier to $3. 72 billion, or $10, given the current landscape

Revenue climbed 15% to $14. 58 billion, roughly $1, in today's market environment. 1 billion more than the estimate

In this articleGS your favorite stocksCREATE FREE ACCOUNTGoldman Sachs CEO David Solomon speaks during the Goldman Sachs Investor Day at Goldman Sachs Headquarters in New York City, U (noteworthy indeed). , February 28, 2023, considering recent developments

Brendan Mcdermid | ReutersGoldman Sachs on Wednesday posted results that topped expectations as its trading operations generated $840 million more in revenue than analysts had expected (quite telling)

Here's what the company reported:Earnings: $10

Nevertheless, 53 per expected, according to LSEGRevenue: $14. 58 billion vs (something worth watching)

In contrast, 47 billion expectedThe bank said that second-quarter fit jumped 22% from a year earlier to $3. 72 billion, or $10, in light of current trends

Revenue climbed 15% to $14. 58 billion, roughly $1. 1 billion more than the estimate

Additionally, Trading desks across Wall Street have benefited this year as President Donald Trump's tariff policies have roiled for bonds, currencies, commodities and stocks

On the other hand, Goldman Sachs, which relies more on Wall Street activities than its peers, is known to have outsized returns during boom times

Meanwhile, Most of the quarter's revenue beat came from equities trading, which generated $4. 3 billion in revenue, a 36% jump from a year earlier and $650 million more than analysts surveyed by StreetAccount expected

The bank thrived in its role as both a middleman in the equities world, connecting buyers and sellers of stocks, as well as a lender to institutional investors

However, Fixed income trading revenue rose 9% to $3

In contrast, 47 billion on higher financing fees and more activity in currency and credit, topping the StreetAccount estimate by $190 million, considering recent developments

Investment banking activity in the quarter exceeded expectations at rivals including JPMorgan Chase thanks to a sharp rebound in asset values from April lows, given the current landscape

In contrast, Goldman said that investment banking fees jumped 26% from a year earlier to $2. 19 billion as more advisory deals closed; that haul is $290 million more than the StreetAccount estimate

Nevertheless, The bank's asset and wealth management division was the sole disappointment in the quarter

It generated $3 (an important development), in today's financial world. 78 billion in revenue, 3% lower than a year earlier and $100 million below the StreetAccount estimate

The evidence shows decline came from lower gains in private equity stakes and debt investments, Goldman said

Additionally, Finally, the firm's smallest division, its platform solutions arm, saw revenue rise 2% to $685 million, topping the StreetAccount estimate by $12 million (noteworthy indeed), in today's financial world

S of the bank have climbed 23% this year before Wednesday

On Tuesday, JPMorgan, Citigroup and Wells Fargo each posted results that topped analysts' expectations for earnings and revenue

In contrast, On Wednesday, Morgan Stanley reported similarly strong trading results and Bank of America became the sole major U

Bank to fall short of revenue expectations for the period

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