Goldman Sachs’ second-quarter earnings bombed. Here are 5 numbers that best explain what went wrong and where the company is headed.

• Goldman Sachs just reported its worst earnings in years, including a 58% drop in profit.
• David Solomon said it’s the result of the bank’s “journey” toward more diversified and stable revenue streams. 
• These five numbers, from ROE to its equity underwriting revenues, shed light on the state of Goldman.

Wall Street earnings season has been challenging across the board, but perhaps none have had it as tough as Goldman Sachs.

The bank reported significantly lower profit, down 58% to $1.2 billion, as it shifts away from its ill-fated move into consumer banking amid an industry-wide slump in M&A and IPOs. Goldman reported earnings per share (EPS) of $3.08, below the $3.16 per share that some analysts expected.