10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
GOLDMAN SACHS GROUP INC | |||
Ticker: GS Fiscal Year: 2018 | |||
Consolidated Statements of Earnings | |||
Period Ending Dec 31, 2018 10-K (Filed: Feb 26, 2019) | |||
(In Millions, except shares in Thousands) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
Revenues | |||
Investment banking | $ 7,862 | 7,371 | 6,273 |
Investment management | 6,514 | 5,803 | 5,407 |
Commissions and fees | 3,199 | 3,051 | 3,208 |
Market making | 9,451 | 7,660 | 9,933 |
Other principal transactions | 5,823 | 5,913 | 3,382 |
Total non-interest revenues | 32,849 | 29,798 | 28,203 |
Interest income | 19,679 | 13,113 | 9,691 |
Interest expense | 15,912 | 10,181 | 7,104 |
Net interest income | 3,767 | 2,932 | 2,587 |
Total net revenues | 36,616 | 32,730 | 30,790 |
Provision for credit losses | 674 | 657 | 182 |
Operating expenses | |||
Compensation and benefits | 12,328 | 11,653 | 11,448 |
Brokerage, clearing, exchange and distribution fees | 3,200 | 2,876 | 2,823 |
Market development | 740 | 588 | 457 |
Communications and technology | 1,023 | 897 | 809 |
Depreciation and amortization | 1,328 | 1,152 | 998 |
Occupancy | 809 | 733 | 788 |
Professional fees | 1,214 | 1,165 | 1,081 |
Other expenses | 2,819 | 1,877 | 1,900 |
Total operating expenses | 23,461 | 20,941 | 20,304 |
Pre-tax earnings | 12,481 | 11,132 | 10,304 |
Provision for taxes | 2,022 | 6,846 | 2,906 |
Net earnings | 10,459 | 4,286 | 7,398 |
Preferred stock dividends | 599 | 601 | 311 |
Net earnings applicable to common shareholders | 9,860 | 3,685 | 7,087 |
Earnings per common share | |||
Basic | 25.53 | 9.12 | 16.53 |
Diluted | 25.27 | 9.01 | 16.29 |
Average common shares | |||
Basic | 385,400 | 401,600 | 427,400 |
Diluted | 390,200 | 409,100 | 435,100 |
External Links | |
GOLDMAN SACHS GROUP INC (GS) Fiscal Year 2018 | |
Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |