- On September 15, 2021, GS announced that they would acquire 100% ownership of GSKY.
- GSKY's gross margin and transaction volume both improved on a quarter-over-quarter and year-over-year basis.
- The $600 billion TAM from GSKY will assist GS to sustain its all-time high ROE of 23.69 percent.
- GS is undervalued compared to its peers and shows an-all time record of efficiency ratio of 54%.
- The GS/GSKY merger will expand GS's customer base and advance its legacy technology, increasing GS's attractiveness after the merger.
For further details see:
GreenSky Is Greener In A Red Market