Goldman Sachs (GS) Posts Q1 EPS of $5.94

(Updated - April 16, 2015 7:37 AM EDT)
Goldman Sachs (NYSE: GS) reported Q1 EPS of $5.94, $1.81 better than the analyst estimate of $4.13. Revenue for the quarter came in at $10.62 billion versus the consensus estimate of $9.16 billion.
*** Note: Adjusted EPS came in at $6.00, versus the consensus of $4.26.
- Book value per common share increased $5.38 during the quarter to $168.39, the largest quarterly increase in over five years.
- The firm continues to maintain strong capital ratios and liquidity. As of March 31, 2015, the firm’s Common Equity Tier 1 ratio (3) as computed in accordance with both the Standardized approach and the Basel III Advanced approach was 11.4% (4) and 12.6% (4), respectively. In addition, the firm’s global core liquid assets (5) were $175 billion (4) as of March 31, 2015.
Other Balance Sheet and Liquidity Metrics
- Total assets were $865 billion (4) as of March 31, 2015, compared with $856 billion as of December 31, 2014.
- The firm’s global core liquid assets (5) were $175 billion (4) as of March 31, 2015 and averaged $175 billion (4) for the first quarter of 2015, compared with an average of $181 billion for the fourth quarter of 2014.
- Level 3 assets were $40 billion (4) as of March 31, 2015, compared with $42 billion as of December 31, 2014, and represented 4.6% of total assets.
Dividend Hike:
On April 15, 2015, the Board of Directors of The Goldman Sachs Group, Inc. increased the firm’s quarterly dividend to $0.65 per common share from $0.60 per common share.
For earnings history and earnings-related data on Goldman Sachs (GS) click here.