Goldman Sachs Surges 22nd in Trading Volume with $22.14 Billion Day

On April 14, 2025, Goldman Sachs (GS) saw a trading volume of $22.14 billion, ranking 22nd in the day's market activity. The stock rose by 1.93%, marking its second consecutive day of gains, with a total increase of 2.90% over the past two days.

Goldman Sachs reported better-than-expected first-quarter results, surpassing Wall Street's lowered expectations and reassuring investors. The bank's earnings per share were $14.12, exceeding the consensus estimate of $12.71. This performance was driven by a 27% increase in equities-trading revenue, which reached $4.19 billion. The bank's clients are seeking policy certainty, leading to a growing deal backlog as decisions are postponed.

Goldman Sachs' global banking revenue helped offset declines in other areas, contributing to the earnings beat in the first quarter. However, the bank remained cautious about the second quarter. The strong performance in the first quarter was attributed to market volatility, which led to record revenue in equities trading and boosted fixed income trading.