Goldman Sachs‘ (GS) first-quarter results mostly topped analysts’ estimates on Monday, with revenue and profits each rising from the same time a year ago.

The firm reported earnings per share (EPS) that rose 22% year-over-year to $14.12 on revenue of $15.06 billion, while analysts surveyed by Visible Alpha expected $12.33 and $14.78 billion, respectively. Net interest income came in at $2.90 billion, below the $3.30 billion consensus.

“While we are entering the second quarter with a markedly different operating environment than earlier this year, we remain confident in our ability to continue to support our clients,” Goldman Sachs CEO David Solomon said.

Goldman Sachs shares were up 1.3% shortly after markets opened. They entered the day down roughly 14% since the start of the year.

Big bank earnings kicked off last week as Morgan Stanley (MS), JPMorgan Chase (JPM), and Wells Fargo (WFC) each topped estimates. Still, bank executives struck a cautious tone about the rest of 2025 amid uncertainty around the Trump administration’s tariffs.

UPDATE—This article has been updated with the latest share price information.