Goldman Sachs reported stronger-than-expected fourth-quarter earnings for 2024, with net revenue of $13.87 billion, up 22.5% year-over-year, surpassing analysts' estimates of approximately $12.4 billion. Earnings per share came in at $11.95, significantly beating consensus estimates around $8.22. The bank's profit more than doubled to $4.11 billion. Trading operations delivered their best year on record, generating $13.4 billion in annual revenue, with fourth-quarter trading revenue increasing notably. FICC (Fixed Income, Currency, and Commodities) sales and trading revenue rose to $2.74 billion, above the estimated $2.44 billion, and equities sales and trading revenue reached $3.45 billion, exceeding expectations of $3.02 billion. Global Banking & Markets division reported net revenue of $8.48 billion, up 33% year-over-year. Net interest income was $2.35 billion, up 75% year-over-year and topping estimates of $2.11 billion. Loans totaled $198 billion, surpassing the estimated $193.53 billion. The bank's assets under management stood at $3.14 trillion, slightly below the estimated $3.16 trillion. Goldman Sachs declared a dividend of $3 per share. The strong performance led to an annualized return on equity of 14.6% for the quarter and 12.7% for the full year.