The Goldman Sachs Group, Inc. has released its financial results for the third quarter of 2024, reporting net revenues of $12.70 billion and net earnings of $2.99 billion. The diluted earnings per common share stood at $8.40, while the annualized return on average common shareholders' equity was recorded at 10.4%.

David Solomon, Chairman and CEO of Goldman Sachs, commented on the performance by stating, "Our performance demonstrates the strength of our world-class franchise in an improving operating environment. We continue to lean into our strengths – exceptional talent, execution capabilities and risk management expertise – allowing us to effectively serve our clients against a complex backdrop and deliver for shareholders."

The firm's results were influenced by selected items related to Goldman Sachs' narrowed strategic focus and the FDIC special assessment fee, which reduced net earnings by $204 million, EPS by $0.62, and ROE by 0.8 percentage points.

Goldman Sachs will hold a conference call to discuss these financial results and future outlook at 9:30 am ET on October 15, 2024. Interested parties can join the call by dialing +1-800-289-0459 within the U.S., or +1-323-794-2095 from outside the U.S., using passcode number 7042022.

The conference call will also be available as an audio webcast through the Investor Relations section of Goldman Sachs' website.