Name: Goldman Sachs equity traders set Wall Street revenue record
Uploaded: 2026-01-15T14:12:13.744Z
Duration: 1 min
Description: Goldman Sachs Group Inc. set an all-time Wall Street record of $4.31 billion for equities-trading revenue in the final three months of last year and the bank also raised its dividend to $4.50 per share. Dani Burger reports on Bloomberg Television.

Goldman Sachs Group Inc. set an all-time Wall Street record of $4.31 billion for equities-trading revenue in the final three months of last year and the bank also raised its dividend to $4.50 per share. Dani Burger reports on Bloomberg Television.

Wall Street

Goldman Sachs reported fourth-quarter results that exceeded analyst expectations in both fixed income and equities trading, with revenues of $3.1 billion and $4.3 billion respectively. The bank also announced an increase in its quarterly dividend, while investment banking revenue came in slightly below the previous quarter at $2.58 billion.

Despite strong trading performance, Goldman Sachs faced higher-than-anticipated operating expenses, totaling $9.72 billion compared to the $8.8 billion estimate. This contributed to little change in the bank’s share price, but Goldman Sachs remains the best performing bank among the six largest U.S. banks over the past year.

Goldman Sachs equity traders set Wall Street revenue record

It's a beat for Goldman Sachs. Let's go through the main numbers here. Fixed sales and trading for the fourth quarter, beating at $3.1 billion. The estimate was for just under $3 billion. Equities trading, that comes at $4.3 billion. The estimate for that was $3.6 billion. They're also going to be increasing their quarterly dividend. The investment banking revenue, that comes in just below the prior quarter, $2.58 billion. This is a segment that executives had been flagging as animal spirits reawakening, deal pipelines looking strong. The fourth quarter, a little bit weaker than the third. Maybe it's like of the likes we saw from JP Morgan, where things have been delayed. One of the reasons you're seeing Goldman shares little change might be because of this. It's something that weighed on the other bank results. It is their total operating expenses. Those come in much higher than expected, $9.72 billion. The estimate was for $8.8 billion. Again, maybe that's why you're seeing Goldman underperform. It is the best performing bank over the past year of the big six banks.

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