Goldman Sachs demonstrates fortress-like resilience: trading prowess offsets volatile landscape in Q1 2025 😤🏦; Revolut alumni want to disrupt payment industry by making stablecoins mainstream 💸🪙
FinTech is Eating the World, 17 April
Hey Everyone,
Good day & happy Thursday! Today’s issue is especially exciting as we’re looking at Goldman Sachs, which just demonstrated fortress-like resilience with trading prowess offsetting volatile landscape in the latest quarter (deep dive into Goldman’s Q1 2025, unpacking the most important numbers, what they mean & what to expect next + bonus deep dive into JPMorgan & their latest financials), and Revolut alumni who want to disrupt payment industry by making stablecoins mainstream (a quick look at Bleap and its USP & why it matters + bonus deep dives into stablecoins & their transformative potential). So let’s just jump straight into the fascinating stuff 🌶️
Goldman Sachs demonstrates fortress-like resilience: trading prowess offsets volatile landscape in Q1 2025 😤🏦
Earnings time 🤑 Banking giant Goldman Sachs GS 0.00%↑ just delivered exceptional Q1 2025 results, with earnings significantly exceeding market expectations. The firm reported EPS of $14.12, surpassing consensus estimates of $12.33-$12.35 by approximately 15%.
Net revenues reached $15.06 billion (up 6% YoY, 9% QoQ), while net income rose 15% to $4.74 billion. This performance translated into a return on equity of 16.9% and return on tangible equity of 18%, both increasing by 2.1 percentage points year-over-year. Not too shabby!
Let’s take a deeper dive into this, unpack the latest numbers, see what they mean, and whether Goldman is worth your time and money in 2025 and beyond.