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Goldman Sachs Q1 2025 financial report shines: stock trading surges, net income rises significantly.
Jin10 data reported on April 14, showing that in the first three months of 2025, Goldman Sachs' stock traders achieved the best quarterly performance ever, with market fluctuations triggered by Trump’s return to the White House boosting profits for the Wall Street bank. Goldman Sachs reported a net income of $4.7 billion, a rise of 15% compared to the same period last year, exceeding analysts' expectations of $4.3 billion. The trading business, especially stock trading, was the standout highlight of the quarter, making Goldman Sachs yet another Wall Street bank to report significant business growth after JPMorgan and Morgan Stanley announced strong results last Friday. Revenue from the stock business rose 27% year-on-year to $4.2 billion. The bank's fixed income, forex, and commodities division saw revenue grow only 2%, reaching $4.4 billion. These increases highlight why, despite years of poor returns since the 2008 financial crisis, banks remain keen to retain their trading divisions. With tighter regulatory regimes making proprietary trading more difficult and extremely low interest rates suppressing market fluctuations, this business has been struggling.