SCHW
Charles Schwab Corporation (NYSE: SCHW) reported a 32% rise in net income as trading revenue surged 28%...
Article Summary
BUY- Charles Schwab Corporation (NYSE: SCHW) reported a 32% rise in net income as trading revenue surged 28% year-over-year, driven by strong client engagement and record trading volumes.
- Schwab's net interest income rose 19% and net interest margin expanded 12 basis points to 3.00%, while total client assets increased by $1.31 trillion from last quarter to $13.08 trillion.
- Customer margin balances rose 30% to $165 billion, and the platform's daily average number of trades reached a record 11.9 million.
- Schwab shares fell more than 3% in early morning trading, though the stock has since recovered slightly.
Free users see 3 BUY signals per day. Premium unlocks all of them, plus instant email alerts.
See Plans
Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 8.1% | 25% | 35.0 ptsBelow Screener (8.1%) - Weak growth |
| EPS Growth Next 5Y ? | 22.6% | 25% | 70.0 ptsGood (22.6%) - Solid outlook |
| Target Price Upside ? | 17.6% | 20% | 60.0 ptsModerate Upside (17.6%) - Target: $120.00 vs Current: $102.03 |
| Gross Margin % ? | 84.1% | 15% | 100.0 ptsExceptional (84.1%) - Strong pricing power |
| Drawdown from 52-Wk High ? | -5.1% | 15% | 20.0 ptsBarely a Dip (-5.1%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About SCHW
- The Charles Schwab Corporation, together with its subsidiaries, operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally.
- The company operates in two segments, Investor Services and Advisor Services.
- It offers brokerage accounts with equity and fixed income trading, margin lending, options trading, futures and forex trading, and cash management capabilities, including money market funds, and certificates of deposit; third-party mutual funds through the Mutual Fund Marketplace and Mutual Fund OneSource service, as well as mutual fund trading and clearing services to broker-dealers; exchange-traded funds; advisory solutions for managed portfolios, separately managed accounts, customized personal advice for tailored portfolios, specialized planning, and full-time portfolio management; banking products comprising checking and savings accounts, first lien residential real estate mortgage loans, home equity lines of credit, and pledged asset lines; and trust custody services, personal trust reporting services, and administrative trustee services.
- It provides digital and software based trading platforms; research tools, and multichannel support, real-time market data, options trading; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; retirement plan services; mutual fund clearing services; and advisor services, including interactive tools and educational content.
- The Company operates through branch offices. The Charles Schwab Corporation was founded in 1971 and is headquartered in Westlake, Texas.