Banking giant Goldman Sachs Group, Inc. (NYSE: GS) on Thursday reported lower revenues and higher earnings for the fourth quarter of fiscal 2025.
Net revenues decreased to $13.45 billion in the fourth quarter from $13.87 billion in the prior-year quarter. The decline mainly reflects negative net revenues in Platform Solutions, largely offset by significantly higher net revenues in Global Banking & Markets.
Net income applicable to shareholders was $4.38 billion or $14.01 per share in Q4, compared to $3.92 billion or $11.95 per share in the fourth quarter of FY24.
Book value per common share increased by 1.1% in the fourth quarter to $357.60. The company increased its quarterly dividend to $4.50 per common share.