Goldman Sachs falls after Q1 results

Wells Fargo & Co

13/04/2026 12:37

** Wall Street giant Goldman Sachs' GS.N shares fall 2% to $889.99 premarket

** GS posts higher first-quarter profit as the Wall Street giant benefited from strength in dealmaking and robust equities trading

** "The geopolitical landscape remains very complex – so disciplined risk management must remain core to how we operate," Goldman Sachs CEO David Solomon said in a statement

** GS kicks off earnings season for U.S. big banks, with JPMorgan Chase JPM.N, Citigroup C.N, and Wells Fargo WFC.N poised to report on Tuesday

** 8 of 24 brokerages rate the stock "buy" or higher, 15 "hold" and 1 "sell"; median PT $950 - data compiled by LSEG

** As of last close, GS stock up 3.3% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))