Goldman Sachs posted a 20% year-on-year jump in net profit for the second quarter of 2025, reaching $3.5 billion, driven by robust gains in its financial advisory business and equities trading division, news agency AFP reported.
Total revenue for the quarter rose 15% to $14.6 billion, with the investment banking giant topping analyst expectations. Goldman attributed the increase in advisory fees to strong performance in the Americas and EMEA (Europe-Middle East-Africa) regions. Its growing investment banking fee backlog signalled a likely uptick in mergers, acquisitions, and initial public offerings.
Bankers have become more bullish on dealmaking since Donald Trump ’s victory in the November 2024 presidential election. However, in the first quarter, activity had slowed as the White House focused on evolving trade policies. Executives across rival financial services firms have now expressed hopes for stronger deal momentum despite ongoing tariff uncertainty.
In its markets division, Goldman reported particularly strong performance in equities—specifically in equities financing and intermediation, where the bank acts as a go-between for clients—offsetting weaker revenue from its Asset and Wealth Management segment.
Commenting on the broader outlook, Goldman Sachs CEO David Solomon said, “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 trading, AFP noted.
Total revenue for the quarter rose 15% to $14.6 billion, with the investment banking giant topping analyst expectations. Goldman attributed the increase in advisory fees to strong performance in the Americas and EMEA (Europe-Middle East-Africa) regions. Its growing investment banking fee backlog signalled a likely uptick in mergers, acquisitions, and initial public offerings.
Bankers have become more bullish on dealmaking since Donald Trump ’s victory in the November 2024 presidential election. However, in the first quarter, activity had slowed as the White House focused on evolving trade policies. Executives across rival financial services firms have now expressed hopes for stronger deal momentum despite ongoing tariff uncertainty.
In its markets division, Goldman reported particularly strong performance in equities—specifically in equities financing and intermediation, where the bank acts as a go-between for clients—offsetting weaker revenue from its Asset and Wealth Management segment.
Commenting on the broader outlook, Goldman Sachs CEO David Solomon said, “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 trading, AFP noted.
You may also like
Sebastian Vettel makes decision on coming out of F1 retirement as racing plans updated
Wimbledon champion who looked unrecognisable in David Beckham pic reduced to tears on TV
Pakistan: Three Killed, Several Injured As Gunmen Open Fire On Karachi-Quetta Bus In Balochistan's Kalat
Maharashtra Government To Ban Artificial Flowers Ahead Of Festival Season – Here's Why
If you eat these things on an empty stomach in the morning during pregnancy, the baby will become healthy and strong
