Goldman Sach’s second largest business, Asset and Wealth Management, made $4.72 billion in revenue in the fourth quarter, up 8% from Q4 2023 and 24% from the previous quarter. The gains were spurred by higher management fees due to rising asset levels.

Goldman Sachs (NYSE: GS) reported net revenues of $53.51 billion and net earnings of $14.28 billion for the year ended December 31, 2024 pleasing Wall Street

Goldman Sachs (GS) shares gained in premarket trading Wednesday after the bank reported better-than-expected fourth-quarter results. The bank reported $4.11 billion in profit on $13.87 billion in revenue,

Goldman's fourth-quarter results will give investors a preview of what to expect this year, as investment banking and trading fees are both expected to rise.