GOLDMAN SACHS GROUP INC

For the period ended Dec 31, 2023. Filed Feb 23, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 23, 2024

GS$906.22+4.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Earnings

	Year Ended December
in millions, except per share amounts	2023	2022	2021
Revenues
Investment banking	$6,218	$7,360	$14,136
Investment management	9,532	9,005	8,171
Commissions and fees	3,789	4,034	3,590
Market making	18,238	18,634	15,357
Other principal transactions	2,126	654	11,615
Total non-interest revenues	39,903	39,687	52,869
Interest income	68,515	29,024	12,120
Interest expense	62,164	21,346	5,650
Net interest income	6,351	7,678	6,470
Total net revenues	46,254	47,365	59,339
Provision for credit losses	1,028	2,715	357
Operating expenses
Compensation and benefits	15,499	15,148	17,719
Transaction based	5,698	5,312	4,710
Market development	629	812	553
Communications and technology	1,919	1,808	1,573
Depreciation and amortization	4,856	2,455	2,015
Occupancy	1,053	1,026	981
Professional fees	1,623	1,887	1,648
Other expenses	3,210	2,716	2,739
Total operating expenses	34,487	31,164	31,938
Pre-tax earnings	10,739	13,486	27,044
Provision for taxes	2,223	2,225	5,409
Net earnings	8,516	11,261	21,635
Preferred stock dividends	609	497	484
Net earnings applicable to common shareholders	$7,907	$10,764	$21,151
Earnings per common share
Basic	$23.05	$30.42	$60.25
Diluted	$22.87	$30.06	$59.45
Average common shares
Basic	340.8	352.1	350.5
Diluted	345.8	358.1	355.8

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.