Goldman Sachs Inflation Protected Securities Fund Class R6 · NASDAQ:GSRUX

Goldman Sachs Inflation Protected Securities Fund Class R6 — The Goldman Sachs Group — Q3 2023 Earnings Presentation

15 slides from Goldman Sachs Inflation Protected Securities Fund Class R6's earnings presentation, Oct 17, 2023

  1. Slide 1: Third Quarter 2023 Earnings Results Presentation

    Third Quarter 2023 Earnings Results Presentation October 17, 2023

  2. Slide 2: Results Snapshot

    Results Snapshot Net Revenues Net Earnings EPS 3Q23 $11.82 billion 3Q23 $2.06 billion 3Q23 $5.47 3Q23 YTD $34.94 billion 3Q23 YTD $6.51 billion 3Q23 YTD $17.39 Annualized ROE1 Annualized ROTE1 Book Value Per Share 3Q23 7.1% 3Q23 7.7% 3Q23 $313.83 3Q23 YTD 7.6% 3Q23 YTD 8.2% YTD Growth 3.4% Highlight

  3. Slide 3: Financial Overview

    Financial Overview Financial Results Financial Overview Highlights vs.  3Q23 results included EPS of $5.47 and ROE of 7.1% $ in millions, vs. vs. 3Q23 3Q22 — 3Q23 net revenues were essentially unchanged YoY reflecting significantly lower net except per share amounts 3Q23 2Q23 3Q22 YTD YTD revenues

  4. Slide 4: Global Banking & Markets

    Global Banking & Markets Financial Results Global Banking & Markets Highlights vs.  3Q23 net revenues were higher YoY vs. vs. 3Q23 3Q22 — Investment banking fees reflected higher net revenues in Debt underwriting and Equity $ in millions 3Q23 2Q23 3Q22 YTD YTD underwriting, offset by lower net reve

  5. Slide 5: Global Banking & Markets – Net Revenues

    Global Banking & Markets – Net Revenues Net Revenues Global Banking & Markets Net Revenues Highlights vs.  3Q23 Investment banking fees were essentially unchanged YoY vs. vs. 3Q23 3Q22 — Advisory reflected a decline in completed mergers and acquisitions transactions $ in millions 3Q23 2Q23 3Q22 YTD

  6. Slide 6: Asset & Wealth Management

    Asset & Wealth Management Financial Results Asset & Wealth Management Highlights vs.  3Q23 net revenues were significantly lower YoY vs. vs. 3Q23 3Q22 — Record Management and other fees primarily reflected the impact of higher average AUS $ in millions 3Q23 2Q23 3Q22 YTD YTD — Private banking and l

  7. Slide 7: Asset & Wealth Management – Assets Under Supervision

    Asset & Wealth Management – Assets Under Supervision AUS Rollforward3,4 AUS Highlights3,4  During the quarter, AUS decreased $34 billion to $2.68 trillion $ in billions 3Q23 2Q23 3Q22 — Long-term net inflows of $7 billion, primarily in fixed income assets Beginning balance $ 2,714 $ 2,672 $ 2,495 —

  8. Slide 8: Asset & Wealth Management – Alternative Investments

    Asset & Wealth Management – Alternative Investments Alternative Investments AUS and Effective Fees4 Alternative Investments Highlights4  3Q23 Management and other fees from alternative investments were $542 million, up 12% 3Q23 compared with 3Q22 $ in billions Average AUS Effective Fees (bps)  Alt

  9. Slide 9: Platform Solutions

    Platform Solutions Financial Results Platform Solutions Highlights vs.  3Q23 net revenues were higher YoY vs. vs. 3Q23 3Q22 — Consumer platforms primarily reflected significantly higher average credit card balances, $ in millions 3Q23 2Q23 3Q22 YTD YTD partially offset by lower net revenues from th

  10. Slide 10: Loans and Net Interest Income

    Loans and Net Interest Income Loans by Segment4 ($ in billions) Loans by Type4 3Q23 Metrics $178 $178 $177 $ in billions 3Q23 2Q23 3Q22 2.9% Corporate $ 37 $ 38 $ 40 ALLL to Total Gross Loans, at Commercial real estate 26 28 30 Amortized Cost $109 $110 $107 Global Banking Residential real estate 24

  11. Slide 11: Commercial Real Estate (CRE)

    Commercial Real Estate (CRE) 3Q23 Firmwide Loans, Net of ALLL4 3Q23 AWM On-Balance Sheet Alternative Investments4 $ in billions $ in billions CRE-related Office-related 3Q23 Warehouse / other indirect $10 Loans (included in firmwide loans) $ 2.1 $ 0.2 Industrials $3 Multifamily $3 $xx $25 Hospitalit

  12. Slide 12: Expenses

    Expenses Financial Results Expense Highlights  3Q23 total operating expenses increased YoY vs. vs. vs. 3Q23 3Q22 — Compensation and benefits expenses were higher, reflecting an increase in 3Q23 in the $ in millions 3Q23 2Q23 3Q22 YTD YTD year-to-date ratio of compensation and benefits to net revenu

  13. Slide 13: Capital and Balance Sheet

    Capital and Balance Sheet Capital3,4 Capital and Balance Sheet Highlights3,4  Standardized CET1 capital ratio decreased slightly QoQ, primarily reflecting an increase in credit 3Q23 2Q23 4Q22 RWAs on increased exposures, partially offset by a decrease in market RWAs on reduced exposures Standardize

  14. Slide 14: Cautionary Note Regarding Forward-Looking Statements

    Cautionary Note Regarding Forward-Looking Statements This presentation contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts or statements of current con

  15. Slide 15: Footnotes

    Footnotes 1. Annualized return on average common shareholders’ equity (ROE) is calculated by dividing annualized net earnings applicable to common shareholders by average monthly common shareholders’ equity. Annualized return on average tangible common shareholders’ equity (ROTE) is calculated by di

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