The Charles Schwab Corporation (SCHW)
| Market Cap | 131.79B |
| Revenue (ttm) | 18.46B |
| Net Income (ttm) | 4.37B |
| Shares Out | 1.78B |
| EPS (ttm) | 2.39 |
| PE Ratio | 31.03 |
| Forward PE | 20.83 |
| Dividend | $1.00 (1.35%) |
| Ex-Dividend Date | May 9, 2024 |
| Volume | 2,582,656 |
| Open | 73.25 |
| Previous Close | 73.42 |
| Day's Range | 73.22 - 74.18 |
| 52-Week Range | 48.66 - 79.49 |
| Beta | 0.95 |
| Analysts | Buy |
| Price Target | 78.54 (+5.92%) |
| Earnings Date | Jul 16, 2024 |
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 certificates of deposit; ... [Read more]
Financial Performance
In 2023, SCHW's revenue was $18.84 billion, a decrease of -9.27% compared to the previous year's $20.76 billion. Earnings were $4.65 billion, a decrease of -29.93%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for SCHW stock is "Buy." The 12-month stock price forecast is $78.54, which is an increase of 5.92% from the latest price.
News
These 4 undervalued stocks could be hidden gems of H2 2024
U.S. stocks did amazingly well in the first half this year and the second half is unlikely to be any different, says Christopher Carey – portfolio manager at Carnegie Investment Counsel. Following are...
This is how much the largest 20 U.S. banks raised dividends after stress tests
With another round of Federal Reserve stress tests in the books, many large U.S. banks have already announced dividend increases. Analysts at Jefferies compiled the data in a report sent to clients ea...
Charles Schwab Discloses Results of the Federal Reserve's 2024 Comprehensive Capital Analysis and Review
WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation announced that it received the results of the Federal Reserve's 2024 Comprehensive Capital Analysis and Review (CCAR).
Schwab Reports Monthly Activity Highlights
WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation released its Monthly Activity Report for the month of May 2024.
Schwab users are seeing inaccurate stock data on the investing platform
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.
2024 Schwab Modern Wealth Survey Shows Increasing Financial Confidence From Generation to Generation and Younger Americans Investing at an Earlier Age
WESTLAKE, Texas--(BUSINESS WIRE)--More than 60% of Americans feel they are in a better position to achieve their financial goals than the generations that came before them, according to Schwab's eight...
Charles Schwab Stock Is Up 8% YTD, Where Is It Headed?
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% si...
Schwab Trading Activity Index™: Score Moves Fractionally Higher in May, Remaining at Moderate-Low Levels
WESTLAKE, Texas--(BUSINESS WIRE)--The Schwab Trading Activity Index™ (STAX) increased to 49.05 in May, up slightly from its score of 48.87 in April. The only index of its kind, the STAX is a proprieta...
Calls of the Day: Charles Schwab, Qualcomm and McDonald's
The Investment Committee debate the latest Calls Of The Day.
President of the Charles Schwab Corp. on Ameritrade Client Transition
President of the Charles Schwab Corp. Rick Wurster joins Nicole Petallides to discuss the integration of Ameritrade and Charles Schwab clients. He talks about the rolling out of Charles Schwab mobile ...
Charles Schwab Named One of the 50 Most Community-Minded Companies in the U.S. for Eighth Consecutive Year
WESTLAKE, Texas--(BUSINESS WIRE)--Charles Schwab was recognized among the 50 most community-minded companies in the country by Points of Light, the world's largest nonprofit dedicated to accelerating ...
Charles Schwab Bank Ranks #1 in Customer Satisfaction Among Checking Providers in J.D. Power 2024 U.S. Direct Banking Satisfaction Study℠ for Sixth Year in a Row
WESTLAKE, Texas--(BUSINESS WIRE)--For the sixth year in a row, Charles Schwab Bank has received the highest ranking in customer satisfaction among checking providers in the J.D. Power 2024 U.S. Direct...
Charles Schwab Congratulates Davis Riley as Champion of the 2024 Charles Schwab Challenge
WESTLAKE, Texas--(BUSINESS WIRE)--CS Challenge 2024 Winner.
Schwab's stock looks to thrive from wealth management growth, analyst says
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 Survey: Bullish Sentiment Declines Among Retail Traders in Q2 as Inflation Concerns Rise
WESTLAKE, Texas--(BUSINESS WIRE)--Sentiment among traders dipped in the second quarter of 2024 but remained higher than 2022 and 2023 levels according to the latest Charles Schwab Trader Sentiment Sur...
Charles Schwab names ex-Citi exec as next CFO after exit of three top managers
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.
Schwab Announces Executive Transitions
WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation announced several executive transitions as part of the firm's long-term succession planning strategy.
Charles Schwab website ‘is a mess': Hundreds of TD Ameritrade users complain about their new online home.
Charles Schwab Corp. transitioned the last group of TD Ameritrade customers — 1.8 million clients and about $350 billion in assets — to its platform this week, and many customers have voiced their dis...
Charles Schwab total client assets dip 3% from previous month to $8.85 trillion during tax season
Charles Schwab Corp. SCHW, -1.85% said Tuesday said clients drew down their accounts in April from the previous month as they pulled out money for taxes. Transactional sweep cash fell by 3% to end Apr...
Schwab Trading Activity Index™: Score Declines to Moderate-Low Levels in April Amid Market Volatility
WESTLAKE, Texas--(BUSINESS WIRE)--The Schwab Trading Activity Index™ (STAX) decreased to 48.87 in April, down from its score of 51.65 in March. The only index of its kind, the STAX is a proprietary, b...
2024 Charles Schwab Challenge Champion's Prize Revealed as a 1975 Schwab Stingray
WESTLAKE, Texas--(BUSINESS WIRE)--2024 Charles Schwab Champion's Prize Announced as 1975 Schwab Stingray.
Schwab Declares Common Stock Dividend and Declares Preferred Stock Dividends
WESTLAKE, Texas--(BUSINESS WIRE)--The Board of Directors of The Charles Schwab Corporation at its meeting today declared a regular quarterly cash dividend of $0.25 per common share.
Chart Master: Getting a technical look at Charles Schwab and American Express
Carter Worth, Worth Charting, joins 'Fast Money' to get technical with two financial stocks.
Thousands of Charles Schwab Employees Unite in Service to Communities Across the Country for Annual Schwab Volunteer Week
WESTLAKE, Texas--(BUSINESS WIRE)--Building on its decades-long commitment to community service, 8,000 Charles Schwab employees will roll up their sleeves to take part in Schwab Volunteer Week. Schwab ...
Charles Schwab CEO: Investors have a lot of reasons to be optimistic as I do
Charles Schwab CEO Walt Bettinger joins 'Money Movers' to discuss the company's quarterly earnings results, how interest rates are affecting the business, and what's driving new asset growth.