CLAIM #28950 · GS (GS) · 2023Q3 earnings call · Oct 17, 2023 · due Oct 17, 2026
“But we also believe that as we continue to execute on our strategy, which narrows our focus and keeps us focused on our two core businesses of Global Banking & Markets and Asset & Wealth Management, that the efficiency ratio target that we're hiring -- that we're highlighting over the next few years is a reasonable target.”
David Solomon · CEO
PENDING
graded after results covering Oct 17, 2026 are reported
How to check this claim
Look at: Efficiency ratio (as reported by Goldman Sachs, operating expenses divided by net revenues)
It came true if: Efficiency ratio in the low-60s percent range or better (<= 63%) within the stated multi-year horizon
Where: Company quarterly earnings releases / 10-K disclosures on efficiency ratio
Verify independently
SEC filings for GS ↗ · Claim quote is verbatim from the 2023Q3 earnings call.