| GS |
Report |
Total revenue |
BEAT |
pred ~$16.45B vs. cons $16.04B |
MEDIUM |
| GS |
Report |
Investment-banking fees |
BEAT |
pred ~$2.91B vs. cons $2.75B |
MEDIUM |
| GS |
Report |
Equities revenue |
MISS |
pred ~$4.83B vs. cons $4.90B |
LOW |
| GS |
Guide |
Investment-banking backlog / 2H26 fee outlook |
BETTER |
guide ~4% y/y fee-growth outlook vs. cons 3% y/y (2H26) |
MEDIUM |
| GS |
Guide |
Equities-financing growth outlook |
BETTER |
guide ~20% y/y financing-revenue growth vs. cons 15% y/y (2H26) |
MEDIUM |
| GS |
Guide |
Asset & Wealth Management private-banking / lending revenue outlook |
LOWER |
guide ~6% y/y durable-revenue growth vs. cons 8% y/y (2H26) |
MEDIUM |
| GS |
Guide |
Capital return / common-stock repurchases |
UNCHANGED |
guide ~$4.5B quarterly repurchases vs. cons $4.5B (3Q26) |
MEDIUM |
| GS |
Return |
Day-1 residual (stock − beta × S&P 500) |
+1.8% |
— |
MEDIUM |
| GS |
Return |
5-day cumulative residual |
+1.0% (STABILIZE) |
A ~$16.45B revenue print versus $16.04B consensus and stronger banking fees should clear the headline hurdle, but an Equities miss of ~$4.83B versus $4.90B and still-elevated valuation/positioning limit estimate-revision upside. Better banking and financing commentary supports maintained out-period estimates rather than a material upward reset. |
MEDIUM |