The Goldman Sachs Group, Inc. (NYSE: GS) reported fourth quarter 2021 earnings results today.
Net revenues rose 8% year-over-year to $12.64 billion driven by higher revenues in Investment Banking and Consumer & Wealth Management.
Net earnings applicable to common shareholders dropped 13% YoY to $3.80 billion while EPS was down 11% to $10.81.
While revenues beat market estimates, earnings fell short of expectations.
Global core liquid assets averaged $353 billion for the quarter.
Shares dropped 4% in premarket hours on Tuesday.
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