The American Bank Goldman Sachs obtained an attributable net profit of $13,525 million in 2024, which represents an advance of 71% compared to the result recorded the previous year, the entity reported.
Between October and December, the influential wall street bank An attributable net profit of $3,923 million was recorded, 110% more than in the fourth quarter of 2024.
The entity’s income for the entire fiscal year totaled 53,512 million dollars, 15.7% more than a year before, including a growth of 22.5% in the fourth quarter, up to 13,869 million dollars.
For the year, Goldman Sachs’ net interest income reached $8,056 million, up 27%, after rising 75% between October and December, to $2,345 million.
Likewise, the investment banking business increased its turnover by 24% in 2024, up to 7,738 million dollars, while the investment management area grew 11%, up to 10,596 million dollars and the market creation business generated 18,390 million dollars, 1% more than in 2023.
For its part, Goldman Sachs’ commission income in the last year totaled $4,086 million, 8% above the figure recorded in 2023.
Regarding provisions for credit risk, Goldman Sachs recorded a total of 1,348 million dollars in the year, an annual increase of 31 percent.
“We are very pleased with our strong results for the quarter and year,” said David Solomon, president and CEO of Goldman Sachs, noting that the entity met or exceeded almost all of the objectives set five years ago.
