Does The Charles Schwab Corporation (SCHW) have what it takes to be a top stock pick for momentum investors? Let's find out.
The Toronto-Dominion Bank agrees to sell its 10.1% stake in Schwab to pursue strategic review plans. The deal is expected to be accretive to the bank's earnings.
Even after buying the $1.5 billion in stock, Schwab will still have $7.2 billion remaining under its existing stock-buyback program.
Currently, TD Bank holds 184.7 million shares of the brokerage giant's common stock.
Charles Schwab (SCHW) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Charles Schwab reported solid Q4 earnings, driven by high net interest margins, strong customer acquisition, and significant new asset inflows. The brokerage beat Q4 estimates, with non-GAAP earnings and net revenue exceeding predictions. Charles Schwab attracted $115B in core net new assets in Q4 and continued to post high ROEs of 36%.
Charles Schwab CEO Rick Wurster explains why now is a good time to be a fixed-income investor.
Charles Schwab CEO Rick Wurster joins 'Squawk Box' to discuss the company's quarterly earnings results, why he believes the company is positioned for growth, state of the retail brokerage industry, impact of the Fed's inflation fight, 2025 outlook, investing in crypto, and more.
Does The Charles Schwab Corporation (SCHW) have what it takes to be a top stock pick for momentum investors? Let's find out.
The Charles Schwab Corporation SCHW reported upbeat fourth-quarter results on Tuesday.
Charles Schwab (SCHW 5.92%), a leading provider of financial services, released its fourth-quarter report on Tuesday. Its results featured significant revenue and earnings growth that exceeded analysts' expectations.
The Charles Schwab Corporation (NYSE:SCHW ) 2025 Winter Business Update Conference Call January 21, 2025 8:30 AM ET Company Participants Jeff Edwards - Head, Investor Relations Rick Wurster - President & Chief Executive Officer Mike Verdeschi - Chief Financial Officer Conference Call Participants Steve Chubak - Wolfe Research Ken Worthington - JPMorgan Brennan Hawken - UBS Dan Fannon - Jefferies Brian Bedell - Deutsche Bank David Smith - Truist Securities Ben Budish - Barclays Bill Katz - TD Cowen Devin Ryan - Citizens JMP Alex Blostein - Goldman Sachs Kyle Voigt - KBW Jeff Edwards Good morning, everyone, and welcome to Schwab's 2025 Winter Business Update. This is Jeff Edwards, Head of Investor Relations, and we're coming to you live from the frozen tundra of Westlake, Texas.