Goldman Sachs Posts $18.68 Billion as Bank Earnings Diverge

Goldman Sachs posted $18.679 billion in net revenue for the three months ended Sept. 30, 2026, its second-highest quarterly total, as major U.S. banks recorded mixed results. Goldman Sachs reported net earnings of $5.294 billion and diluted earnings per share of $17.01. Equities revenue rose 72% from a year earlier to $6.441 billion, while investment banking fees increased 21% to $3.224 billion. Revenue from fixed-income, currency and commodities was essentially unchanged at $3.471 billion. Chairman and CEO David Solomon called it the firm’s “second highest quarterly net revenues.” JPMorgan Chase posted $50.172 billion in revenue on a reported basis and $50.907 billion on a managed basis. Net income was $15.305 billion, and diluted earnings per share were $5.57.

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