Goldman Sachs’ CEO was seen as a dead man walking. A year later, the “David Solomon” era is being hailed as a success

(Credit: Courtesy of Bloomberg)

Less than a year after critics were calling for David Solomon to step down from Goldman Sachs, the once maligned investment bank is now considered a “big success” under its CEO, according to an analyst note.

Shares of Goldman Sachs are up about 21% year- to-date and have gained nearly 53% since the end of October, according to a July 7 research note from Devin Ryan, managing director and senior research analyst at Citizens JMP. This beats the S&P 500, which has risen about 17% so far this year and is up 33% since October.