Goldman Sachs-Will Goldman's Strong Liquidity Aid Its Capital Distribution Strategy?

Key Takeaways Goldman held $153B in cash and$ 69B in short-term debt as of June 30, 2025, with strong credit ratings.Post-2025 stress test, Goldman raised its dividend 33.3% to $4 per share, with a 26% payout ratio.The 2026 earnings and sales estimates imply y/y growth of 14.9% and 6.5%, both revised upward.The Goldman Sachs Group, Inc. (GS) enjoys a strong balance sheet position. As of June 30, 2025, cash and cash equivalents were$ 153 billion. As of the same date, total unsecured debt (comprising long-ter ...