Goldman Sachs Group Inc at RBC Capital Markets Global Financial Institutions Conference Transcript

Mar 07, 2023 / 02:20PM GMT
Gerard Sean Cassidy - RBC Capital Markets, Research Division - MD, Head of U.S. Bank Equity Strategy & Large Cap Bank Analyst

Good morning, everyone. Thank you very much for joining us for the fireside chat today with David Solomon. Many of you know, obviously, is Chief Executive Officer of Goldman Sachs. He took over this role in October of 2018, and he joined Goldman Sachs back in 1999. Goldman written, David really don't need any introduction, but just a couple of highlights for you. They've got about a $1.4 trillion balance sheet and a market cap of $120 billion. If you add back the AOCI into book value and tangible book value, you guys traded at about 110% of book and 120% of tangible book and they trade at 10x next year's numbers. So David, thank you so much for really coming. We really appreciate it.

David Solomon - The Goldman Sachs Group, Inc. - Chairman & CEO

My pleasure. Nice to be with everybody this month.

Gerard Sean Cassidy - RBC Capital Markets, Research Division - MD, Head of U.S. Bank Equity Strategy &

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