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The Goldmanchs Group (LIM:GS) Credit Losses Provision : $1,317 Mil (As of Mar. 2025)


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What is The Goldmanchs Group Credit Losses Provision?

The Goldmanchs Group's credit losses provision for the three months ended in Mar. 2025 was $287 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2025 was $1,317 Mil.

The Goldmanchs Group's quarterly credit losses provision declined from Sep. 2024 ($397 Mil) to Dec. 2024 ($351 Mil) and declined from Dec. 2024 ($351 Mil) to Mar. 2025 ($287 Mil).

The Goldmanchs Group's annual credit losses provision declined from Dec. 2022 ($2,715 Mil) to Dec. 2023 ($1,028 Mil) but then increased from Dec. 2023 ($1,028 Mil) to Dec. 2024 ($1,348 Mil).


The Goldmanchs Group Credit Losses Provision Historical Data

The historical data trend for The Goldmanchs Group's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Goldmanchs Group Credit Losses Provision Chart

The Goldmanchs Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,098.00 357.00 2,715.00 1,028.00 1,348.00

The Goldmanchs Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 318.00 282.00 397.00 351.00 287.00

The Goldmanchs Group Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,317 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Goldmanchs Group Business Description

Address
200 West Street, New York, NY, USA, 10282
Goldman Sachs is a leading global investment banking and asset management firm. Approximately 14% of its revenue comes from investment banking, 42% from trading, 20% from asset & wealth management, 15% from net interest income, and 9% from other principal transactions. Around 64% of the company's net revenue is generated in the Americas, 13% in Asia, and 23% in Europe, the Middle East, and Africa.