Every material Form 8-K Goldman Sachs has filed with the SEC since January 08, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Goldman Sachs reported third-quarter 2026 net revenues of $18.68 billion, up 23% from the third quarter of 2025 but down 8% from the second quarter of 2026. Diluted earnings per share were $17.01, compared with $12.25 a year earlier and $20.98 in the prior quarter, so shareholders see higher year-over-year profit but a sequential decline.
Net revenues $18.68 billion, up 23% year over year and down 8% from the second quarter of 2026
Diluted EPS $17.01 versus $12.25 in Q3 2025 and $20.98 in Q2 2026; net earnings $5.29 billion
Annualized return on average common shareholders' equity 18.7%; book value per share $372.64
Board declared a $5.00 per share dividend payable December 30, 2026, to holders of record on December 2, 2026
Goldman Sachs announced a proposed public offering of depositary shares representing interests in a new series of fixed-rate reset preferred stock. The company says it may use part of the proceeds to redeem all of its outstanding 3.65% Series U preferred stock, but pricing has not occurred and there is no assurance the offering will close or that any redemption will happen.
Offering of depositary shares, each representing 1/25th interest in a share of new Series AA Fixed-Rate Reset Non-Cumulative Preferred Stock
Proceeds may be used to redeem all outstanding 3.65% Series U preferred stock, $25,000 liquidation preference per share
Offering is subject to pricing and market conditions; described in preliminary prospectus supplement dated July 20, 2026
Goldman Sachs reported second-quarter 2026 net revenues of $20.34 billion and net earnings of $6.63 billion, compared with $14.58 billion in revenue for the same quarter of 2025. Diluted EPS was $20.98, up from $10.91 a year earlier, and the board raised the quarterly dividend to $5.00 per share from $4.50 starting in the third quarter, which matters to shareholders because it increases cash returned to them.
Net revenues were $20.34 billion, up 39% from the second quarter of 2025 and 18% from the first quarter of 2026.
Diluted EPS was $20.98 versus $10.91 a year earlier; net earnings were $6.63 billion.
Quarterly dividend increased to $5.00 per share from $4.50, payable September 29, 2026 to holders of record on September 1, 2026.
Operating expenses rose 26% year over year to $11.67 billion; the firm returned $5.36 billion to common shareholders during the quarter.
Goldman Sachs said the Federal Reserve released its 2026 Comprehensive Capital Analysis and Review results and that the firm remains well capitalized. The firm intends to raise its common dividend from $4.50 to $5.00 per share starting July 1, 2026, subject to Board approval at its scheduled third quarter meeting.
Planned dividend rise from $4.50 to $5.00 per share, effective July 1, 2026, subject to Board approval at the third quarter meeting
Dividend increase is 11% above current levels and 25% above the prior year, per the filing
Stress capital buffer stays at 3.4% through September 30, 2027; CET1 requirement stays at 11.4%
Goldman Sachs reported first-quarter 2026 net revenues of $17.23 billion and net earnings of $5.63 billion, with diluted earnings per share of $17.55, up from $14.12 a year earlier. Results were driven mainly by Global Banking & Markets, and the firm also declared a $4.50 per share dividend and returned $6.38 billion to common shareholders in the quarter.
Diluted EPS of $17.55 compared with $14.12 in Q1 2025 and $14.01 in Q4 2025
Net revenues of $17.23 billion, 14% higher than Q1 2025 and 28% higher than Q4 2025
Board declared a $4.50 per share dividend payable June 29, 2026, to holders of record June 1, 2026
Firm repurchased $5.00 billion of common shares (5.4 million shares) and paid $1.38 billion in common dividends in the quarter
Goldman Sachs disclosed that director Lakshmi Mittal will retire from its Board of Directors under the company's age-based retirement policy, effective at the 2026 Annual Meeting of Shareholders. The Board accepted his proposed retirement on March 9, 2026. The filing describes a routine board transition and does not mention a replacement or any financial effect.
Lakshmi Mittal is deemed to have tendered his retirement under the Board's Corporate Governance Guidelines age-based policy.
The Board accepted the retirement on March 9, 2026.
Retirement takes effect at the Company's 2026 Annual Meeting of Shareholders.
Goldman Sachs disclosed that Kathryn H. Ruemmler has decided to retire from her roles as Chief Legal Officer and General Counsel, effective June 30, 2026. The filing does not name a successor or give reasons for the departure, so shareholders have no details yet on how the legal function will be led.
Kathryn H. Ruemmler will retire as Chief Legal Officer and General Counsel
Retirement is effective June 30, 2026
The filing does not name a successor or state a reason for the retirement
Goldman Sachs' Board set David Solomon's 2025 total annual compensation at $47 million, up from $39 million for 2024, with his base salary unchanged. The Compensation Committee pointed to 2025 results, including net revenues of $58.28 billion, net earnings of $17.18 billion and diluted EPS of $51.32, up 27%, as well as a 57% total shareholder return.
2025 total compensation for David Solomon: $47 million, versus $39 million for 2024
Base salary $2.0 million, unchanged; PSUs $31.5 million (70%); Carried Interest Program $3.4 million (7.5%); cash $10.1 million (22.5%)
Full-year 2025 net revenues $58.28 billion, net earnings $17.18 billion, diluted EPS $51.32, ROE 15.0%
Committee cited a 27% increase in diluted EPS, a 33% increase in the quarterly dividend and nearly $17 billion returned to common shareholders
Goldman Sachs reported fourth-quarter 2025 diluted earnings per share of $14.01, up from $11.95 a year earlier, while net revenues fell 3% to $13.45 billion. For the full year, EPS was $51.32 versus $40.54 in 2024, and the board raised the quarterly dividend to $4.50 per share from $4.00. Results were shaped by Apple Card loan markdowns in Platform Solutions, which were more than offset by a $2.48 billion reserve reduction in provisions for credit losses.
Q4 2025 net earnings were $4.62 billion, and EPS was $14.01 versus $12.25 in Q3 2025 and $11.95 in Q4 2024
Platform Solutions net revenues were negative $1.68 billion in Q4 2025, reflecting $2.26 billion of markdowns tied to the Apple Card loan transfer
Full-year 2025 net revenues were $58.28 billion, up 9%, with Global Banking & Markets up 18%
Quarterly dividend increased to $4.50 per share, payable March 30, 2026, to holders of record on March 2, 2026
Goldman Sachs agreed to transition the Apple Card program and associated accounts to a new issuer, a process expected to take about 24 months. The firm expects the transaction to increase fourth quarter 2025 diluted EPS by $0.46, driven by a $2.48 billion release of loan loss reserves that is partly offset by a $2.26 billion reduction in net revenues and $38 million of operating expenses. The filing also reorganizes the firm's reporting segments starting in Q4 2025, narrowing its consumer-related focus within Platform Solutions.
Apple Card program and associated accounts to transition to a new issuer in about 24 months
Expected $0.46 increase to fourth quarter 2025 diluted EPS
$2.48 billion loan loss reserve release, offset by $2.26 billion net revenue reduction and $38 million operating expenses
Reporting segments reorganized from Q4 2025 into Global Banking & Markets, Asset & Wealth Management and Platform Solutions
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
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