- Goldman Sachs continued its leadership in investment banking, ranking first in worldwide announced and completed mergers and acquisitions for the year-to-date. (2)
- Book value per common share and tangible book value per common share (3) both increased approximately 2% during the quarter to $137.00 and $126.12, respectively.
- The firm continues to manage its liquidity and capital conservatively. The firm’s global core excess liquidity (4) was $175 billion as of June 30, 2012. In addition, the firm’s Tier 1 capital ratio under Basel 1 (5) was 15.0% and the firm’s Tier 1 common ratio under Basel 1 (6) was 13.1% as of June 30, 2012.
The Goldman Sachs Group, Inc. (NYSE: GS) today reported net revenues of $6.63 billion and net earnings of $962 million for the second quarter ended June 30, 2012. Diluted earnings per common share were $1.78 compared with $1.85 for the second quarter of 2011 and $3.92 for the first quarter of 2012. Annualized return on average common shareholders’ equity (ROE) (1) was 5.4% for the second quarter of 2012 and 8.8% for the first half of 2012. Highlights