Despite higher client activity, Schwab's (SCHW) trading performance is not expected to have been significantly impressive in the second quarter of 2024 because of low volatility.
Charles Schwab (SCHW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Charles Schwab Corp.'s stock has drawn an upgrade to outperform from market perform by Keefe, Bruyette & Woods, which cited the financial company's “long-run earnings power” and favorable shifts in its balance sheet.
Schwab (SCHW) posts a substantial rise in core net new assets balance in May 2024. The company also reiterates Q2 revenue guidance.
On Thursday, a number of Schwab users reported seeing inaccurate stock data on the platform. Schwab has sent out a notice to users warning about the issue, saying it's currently working to resolve it.
Charles Schwab stock (NYSE: SCHW) has gained 8% YTD as compared to the 12% rise in the S&P500 index over the same period. In sharp contrast, Charles Schwab's peer Goldman Sachs (NYSE: GS) is up 20% since the beginning of 2024.
Charles Schwab reports positive earnings, exceeding analyst expectations, indicating a potential turnaround and future growth. Schwab's well-defined corporate strategy, including low-cost leadership, educational resources, and strong brand reputation, positions it well for continued growth and market share gains. Initiating coverage with a cautious buy based on Schwab's healthy financials, potential benefit from lower interest rates. However, near-term volatility is possible due to Fed meetings and earnings report.
UBS analyst Brennan Hawken on Thursday raised his price target for Charles Schwab Corp. on the financial service firm's growth prospects and untapped cost savings from its acquisition of TD Ameritrade.
Schwab (SCHW) provides disappointing Q2 adjusted earnings and NIM guidance. This turns investors bearish on the stock, which dips 4.6%.
Charles Schwab Corp.'s longtime chief financial officer said Thursday he plans to retire as part of a trio of senior departures after wrapping up a four-year integration of TD Ameritrade.