Kevin Gordon, Charles Schwab senior investment strategist; Keith Lerner, Truist Wealth co-chief investment officer; and Dan Greenhaus, Solus Alternative Asset Management chief strategist and economist, join CNBC's 'Closing Bell' to discuss market outlooks.
SCHW's 31.9% YTD rally, rising NIM, record client assets and strong ROE fuel bullish analyst sentiment despite premium valuation.
Does The Charles Schwab Corporation (SCHW) have what it takes to be a top stock pick for momentum investors? Let's find out.
Shares bust out to new highs on a record Q2.
Charles Schwab (SCHW) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
SCHW, TCBI and SFST made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 24, 2025.
The Charles Schwab Corporation (SCHW) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Schwab reported their calendar Q2 '25 financial results last Friday morning. Net revenue beat by 2% ($5.85 actual vs. %.73 est), and EPS beat by 4%, ($1.14 actual vs. $1.10 est). The big savings came from compensation, which fell 8% sequentially to $1.54 billion versus the previous quarter's $1.67, although the same expense line rose 7% YoY. The other stat that jumped out was the net interest margin, or NIM, which rose 62 basis points YoY.
The rush to attract the global investor at all hours of the day is on.
Charles Schwab delivered strong Q2 results, beating estimates on both revenue and earnings, driven by high interest rates and market volatility. The brokerage saw impressive asset growth, with core net new assets up 31% year-over-year, supporting platform expansion and earnings growth. Despite reaching all-time highs, Schwab trades at a reasonable valuation and is expected to deliver industry-leading EPS growth of 25% annually.
The Charles Schwab Corporation (NYSE:SCHW ) 2025 Summer Business Update Conference Call July 18, 2025 8:30 AM ET Company Participants Jeff Edwards - MD & Head of Investor Relations Michael Verdeschi - MD & Chief Financial Officer Richard Andrew Wurster - CEO, President & Director Conference Call Participants Alexander Blostein - Goldman Sachs Group, Inc., Research Division Benjamin Elliot Budish - Barclays Bank PLC, Research Division William Raymond Katz - TD Cowen, Research Division Brian Bertram Bedell - Deutsche Bank AG, Research Division Daniel Thomas Fannon - Jefferies LLC, Research Division Devin Patrick Ryan - Citizens JMP Securities, LLC, Research Division Kenneth Brooks Worthington - JPMorgan Chase & Co, Research Division Kyle Kenneth Voigt - Keefe, Bruyette, & Woods, Inc., Research Division Michael J. Cyprys - Morgan Stanley, Research Division Jeff Edwards Good morning, everyone, and welcome to Schwab's 2025 Summer Business Update, broadcasting live from our very warm and toasty Westlake headquarters.
Charles Schwab CEO Rick Wurster on Friday said clients want to bring their crypto assets to the financial services giant, and that the company plans on launching bitcoin and ether services "sometime soon."