The Goldman Sachs Group, Inc. (NYSE: GS) reported second quarter 2022 earnings results.
Net revenues decreased 23% year-over-year to $11.86 billion.
Net earnings applicable to common shareholders declined 48% to $2.78 billion, or $7.73 per share, compared to last year.
Both the top and bottom line numbers beat estimates, allowing the stock to gain over 3% in premarket hours on Monday.
Firmwide assets under supervision increased $101 billion during the quarter to $2.50 trillion.