India, April 13 -- Investment banking major Goldman Sachs Group, Inc. reported Monday higher profit and revenues for its first quarter, primarily attributable to growth in Global Banking & Markets, as well as Asset & Wealth Management segments.
In pre-market activity, the shares were losing around 4.24 percent, trading at $869.64.
In the quarter, net earnings applicable to common shareholders were $5.40 billion, up 18 percent from $4.58 billion last year. Earnings per share were $17.55, 24 percent higher than $14.12 a year ago.
Provision for credit losses was $315 million, a growth of 10 percent from $287 million in 2025
Operating expenses of $10.43 billion grew 14 percent year-over-year.
Interest income grew 6 percent to $20.64 billio...