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Goldman Sachs reported first-quarter earnings on Monday that trounced Wall Street's forecasts. The investment bank generated over $14 billion in net revenue and $11.58 in earnings per share.

Goldman Sachs Group (NYSE: GS), a leading global financial institution, has surpassed earnings expectations in its first-quarter financial results for 2024, showcasing robust performance across its various segments. The company reported net revenues of $14.21 billion and net earnings of $4.13 billion for the quarter ended March 31, 2024.

Goldman Sachs Group Inc.'s stock GS, -2.01% rose 3.6% in premarket trade Monday, after the bank . The New York-based bank posted net income of $3.93 billion, or $11.58 a share, for the quarter, up from $3.09 billion, or $8.79 a share, in the year-earlier period.

Goldman Sachs profit rose 28% in the first quarter, buoyed by a recovery in debt underwriting and dealmaking that boosted its investment banking unit, it reported on Monday.

Goldman Sachs CEO David Solomon has taken his lumps in the past year, but hope is building for a turnaround.

The investment bank follows a string of lackluster results from U.S. banks last week.

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Goldman's (GS) Q1 results are expected to reflect the impacts of modest loan demand, leading to NII growth and a recovery in the IB business.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?

Goldman Sachs has promoted its chief strategy officer and global head of investor relations, Carey Halio, to global treasurer. Halio will also become a member of the bank's management committee, Goldman Sachs CEO David Solomon said in an internal memo dated Thursday (April 11) seen by PYMNTS.