Goldman Sachs posted a $3.72 billion in profits for the second quarter of 2025, the bank said on Wednesday, amid a strong showing for the Wall Street giant’s trading units.
That amounts to earnings of $10.91 per share, higher than the estimate forecast by analysts at the London Stock Exchange Group of $9.53 per share.
“Our strong results for the quarter reflected healthy client activity levels across our businesses, our differentiated franchise positions and the talent and commitment of our people,” Goldman Sachs CEO David Solomon said a in statement.
“At this time, the economy and markets are generally responding positively to the evolving policy environment. But as developments rarely unfold in a straight line, we remain very focused on risk management,” he added.
Solomon, who raked in $39 million in compensation last year, and his second-in-command, chief operating officer John Waldron have faced heat from some Wall Street observers after both received a five-year $80 million golden handcuffs bonus.
The eye-popping sums were seen as a play to keep Solomon and Waldron with the firm.
In March, the Financial Times reported that Waldron was eyeing a $500 million job in private equity with Marc Rowan’s Apollo Global Management.
Defenders of the payouts have likewise pointed to Goldman’s surging profits, which sent its share price surging by more than 42% over the past year.
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