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: 2020 | |||
Consolidated Statements of Earnings | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 22, 2021) | |||
| (In Millions, except shares in Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
| Revenues | |||
| Investment banking | $ 9,141 | 6,798 | 7,430 |
| Investment management | 6,923 | 6,189 | 6,590 |
| Commissions and fees | 3,548 | 2,988 | 3,199 |
| Market making | 15,546 | 10,157 | 9,724 |
| Other principal transactions | 4,651 | 6,052 | 5,906 |
| Total non-interest revenues | 39,809 | 32,184 | 32,849 |
| Interest income | 13,689 | 21,738 | 19,679 |
| Interest expense | 8,938 | 17,376 | 15,912 |
| Net interest income | 4,751 | 4,362 | 3,767 |
| Total net revenues | 44,560 | 36,546 | 36,616 |
| Provision for credit losses | 3,098 | 1,065 | 674 |
| Operating expenses | |||
| Compensation and benefits | 13,309 | 12,353 | 12,328 |
| Transaction based | 4,141 | 3,513 | 3,492 |
| Market development | 401 | 739 | 740 |
| Communications and technology | 1,347 | 1,167 | 1,023 |
| Depreciation and amortization | 1,902 | 1,704 | 1,328 |
| Occupancy | 960 | 1,029 | 809 |
| Professional fees | 1,306 | 1,316 | 1,214 |
| Other expenses | 5,617 | 3,077 | 2,527 |
| Total operating expenses | 28,983 | 24,898 | 23,461 |
| Pre-tax earnings | 12,479 | 10,583 | 12,481 |
| Provision for taxes | 3,020 | 2,117 | 2,022 |
| Net earnings | 9,459 | 8,466 | 10,459 |
| Preferred stock dividends | 544 | 569 | 599 |
| Net earnings applicable to common shareholders | 8,915 | 7,897 | 9,860 |
| Earnings per common share | |||
| Basic | 24.94 | 21.18 | 25.53 |
| Diluted | 24.74 | 21.03 | 25.27 |
| Average common shares | |||
| Basic | 356,400 | 371,600 | 385,400 |
| Diluted | 360,300 | 375,500 | 390,200 |
| External Links | |
| GOLDMAN SACHS GROUP INC (GS) Fiscal Year 2020 | |
| 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 |