Early Access

10-QPeriod: Q1 FY2014

GOLDMAN SACHS GROUP INC Quarterly Report for Q1 Ended Mar 31, 2014

Filed May 9, 2014For Securities:GSGS-PAGS-PCGS-PDGSCE

Summary

This 10-Q filing for Goldman Sachs Group, Inc. (GS) for the quarter ended March 31, 2014, primarily details the company's share repurchase activities. During the first quarter of 2014, GS repurchased a total of 10,493,644 shares of its common stock. The repurchase program, which has no set expiration date, is utilized to maintain an appropriate level of common equity and is influenced by capital position, market conditions, and stock prices, requiring Federal Reserve Board approval. The filing also lists various exhibits, including updated charter documents, financial computation statements, and detailed interactive financial data files. Investors should note that while specific financial performance metrics like revenue or net income are not the focus of this particular excerpt, the share repurchase activity indicates management's confidence in the company's financial health and its strategy to return capital to shareholders.

Financial Statements
Beta
Interest Expense$1.56B
Net Income$2.03B
EPS (Basic)$4.15
EPS (Diluted)$4.02
Shares Outstanding (Basic)468.60M
Shares Outstanding (Diluted)484.60M

Key Highlights

  • 1Goldman Sachs repurchased a total of 10,493,644 shares of common stock in Q1 2014.
  • 2The company's share repurchase program is ongoing with no set expiration date.
  • 3Repurchase amounts and timing are influenced by capital position, market conditions, and stock price.
  • 4Share repurchases require approval from the Federal Reserve Board.
  • 5The filing lists key exhibits, including updated corporate documents and comprehensive interactive financial data files.
  • 6The repurchase program is aimed at maintaining an appropriate level of common equity.

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