Goldman Sachs Q2 earnings: Profit jumps 20% to $3.5 billion on advisory & equities enhance; revenue up 15% to $14.6 billion

Goldman Sachs posted a 20% year-on-year soar in web revenue for the second quarter of 2025, reaching $3.5 billion, pushed by sturdy features in its monetary advisory enterprise and equities buying and selling division, information company AFP reported.Total revenue for the quarter rose 15% to $14.6 billion, with the funding banking big topping analyst expectations. Goldman attributed the rise in advisory charges to sturdy efficiency within the Americas and EMEA (Europe-Middle East-Africa) areas. Its rising funding banking price backlog signalled a probable uptick in mergers, acquisitions, and preliminary public choices.Bankers have change into extra bullish on dealmaking since Donald Trump’s victory within the November 2024 presidential election. However, within the first quarter, exercise had slowed because the White House centered on evolving commerce insurance policies. Executives throughout rival monetary providers companies have now expressed hopes for stronger deal momentum regardless of ongoing tariff uncertainty.In its markets division, Goldman reported significantly sturdy efficiency in equities—particularly in equities financing and intermediation, the place the financial institution acts as a go-between for shoppers—offsetting weaker revenue from its Asset and Wealth Management section.Commenting on the broader outlook, Goldman Sachs CEO David Solomon stated, “At this time, the economy and markets are generally responding positively to the evolving policy environment. But as developments rarely unfold in a straight line, we remain very focused on risk management.”Shares of Goldman Sachs rose 1.2% in pre-market buying and selling, AFP famous.