Goldman Sachs Shines in Q1 2025: A Record Quarter for the Global Financial Institution
April 14, 2025 – In a highly dynamic environment, Goldman Sachs has produced very strong results in its first quarter of 2025. Chairman and Chief Executive Officer David Solomon proudly announced the company's performance on the conference call, highlighting a net revenue of $15.1 billion, earnings per share of $14.12, an ROE of 16.9%, and an RoTE of 18%.
The Global Banking and Markets division experienced increased activity in its securities and equities businesses as clients repositioned their portfolios amidst market volatility. Despite a more muted environment in investment banking due to the volatile backdrop, Goldman Sachs' leadership position remained unchanged, with the company being the #1 M&A adviser globally for 20 years.
David Solomon emphasized the importance of having a strong presence around the world, citing the company's best-in-class talent, risk management, and execution capabilities as key factors in delivering results for clients. He also highlighted the resilience of Goldman Sachs' overall results over time, even in varying market conditions.
In Asset & Wealth Management, clients continued to come to Goldman Sachs for high-quality advice and a track record of investing acumen across asset classes, especially valuable during turbulent markets. This division reached a record of $3.2 trillion in assets under management, with long-term fee-based net inflows continuing for the 29th consecutive quarter.
The company's alternatives business also experienced significant growth, raising another $19 billion in the quarter and bringing total fundraising since 2019 to $342 billion. Multiple flagship funds were launched across strategies, including infrastructure, growth equity, and private credit.
Wealth Management revenue grew 11% year-over-year to $2.2 billion, with client assets reaching a record of $1.6 trillion. Goldman Sachs received numerous accolades from Euromoney, including being named the World's Best Private Bank for 2025, recognizing its excellence in serving ultra-high net worth clients.
Across all businesses, David Solomon emphasized that serving clients with excellence is the company's clear priority. He added that Goldman Sachs is always seeking ways to enhance the client experience while improving efficiency.
