Goldman Sachs Bank USA: Yields and Funding Costs
Data as of · Call Report Schedules RI and RC-K How we update
What the bank earns on its assets, what it pays for its funding, and the spread between them. Net interest margin is the output of the two: it is the engine of earnings for almost every commercial bank.
The standout move of Q2 2026 was in Cost of borrowings: 1.03 percentage points lower than in Q1 2026, at 7.48%. On net interest margin, Goldman Sachs Bank USA is 3rd from the bottom among 105 New York banks, 1.74% (Q2 2026). Goldman Sachs Bank USA reported 1.74% on net interest margin for Q2 2026, 1.14 points below the 2.88% median for banks in the >= $250B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.07% |
| Yield on loans | 6.98% |
| Yield on securities | 4.03% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 3.85% |
| Cost of interest-bearing deposits | 3.44% |
| Cost of interest-bearing liabilities | 3.98% |
| Cost of borrowings | 7.48% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 1.74% |
| Yield to cost spread | 1.09% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $4.43B |
| Total interest expense | $5.84B |
| Interest expense on deposits | $4.15B |
Yields and Funding Costs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Yields and Funding Costs by quarter
| Quarter | Yield on earning assets | Cost of funds | Net interest margin | Loans | Securities |
|---|---|---|---|---|---|
| Q3 2023 | 6.58% | 5.65% | 1.79% | 8.74% | 1.85% |
| Q4 2023 | 6.47% | 5.71% | 1.62% | 8.51% | 1.92% |
| Q1 2024 | 6.33% | 5.25% | 1.82% | 8.72% | 2.42% |
| Q2 2024 | 6.38% | 5.55% | 1.65% | 8.87% | 3.18% |
| Q3 2024 | 6.59% | 5.68% | 1.78% | 9.02% | 3.90% |
| Q4 2024 | 6.09% | 4.99% | 1.84% | 8.36% | 3.85% |
| Q1 2025 | 5.68% | 4.49% | 1.83% | 7.90% | 3.97% |
| Q2 2025 | 5.70% | 4.48% | 1.95% | 7.85% | 4.01% |
| Q3 2025 | 5.76% | 4.52% | 1.99% | 8.27% | 4.12% |
| Q4 2025 | 5.41% | 4.23% | 1.83% | 7.34% | 4.10% |
| Q1 2026 | 5.07% | 4.07% | 1.61% | 7.02% | 4.00% |
| Q2 2026 | 5.07% | 3.85% | 1.74% | 6.98% | 4.03% |
Goldman Sachs Bank USA yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Goldman Sachs Bank USA, freeSource: Call Report Schedules RI and RC-K, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Goldman Sachs Bank USA profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 33124) · FFIEC NIC profile (RSSD 2182786)