Charles Schwab Aktie News

The Charles Schwab Corporation (NYSE:SCHW ) Spring Business Update Conference Call April 15, 2024 9:00 AM ET Company Participants Jeff Edwards - Head of Investor Relations Walt Bettinger - Co-Chairman and CEO Rick Wurster - President Peter Crawford - CFO Conference Call Participants Ken Worthington - JPMorgan Steven Chubak - Wolfe Research Alex Blostein - Goldman Sachs Brennan Hawken - UBS Devi...

Schwab's quarter was a slight beat, with revenue down year over year. Management is upbeat about the quarters to come thanks to strong growth in retail accounts.

Shares of Charles Schwab (SCHW) rose 4% in early trading Monday after the discount brokerage and financial advisory firm reported better-than-expected results because of “an improved macroeconomic environment.”

The Charles Schwab Company NYSE: SCHW can hit new highs, not just a new weekly or monthly high but a new multi-year high with the potential for a new all-time high. The last year was challenging for the business and investors with the banking crisis, shaken investor sentiment, and tightened fiscal policy to impact results.

Charles Schwab Corp (NYSE:SCHW) earnings and revenues hit their mark for the first quarter as the investment platform provider welcomed growing amounts of new client assets as the macroeconomic backdrop improved. Net revenues in the quarter totalled $4.7 billion, down 7% on the same period a year earlier but 6% higher than the $4.46 billion in the fourth quarter of last year and in line with Wa...

Charles Schwab Corporation (NYSE: SCHW) is in the green in premarket after reporting slightly better-than-expected financial results for its first quarter. Why else is Charles Schwab stock up?

Shares of Charles Schwab Corp. SCHW, -0.84% gained 0.3% in premarket trading Monday, after the financial services and brokerage company reported first-quarter profit and revenue that fell, but just topped expectations, amid strength in its asset management business. Net income declined to $1.36 billion, or 68 cents a share, from $1.60 billion, or 83 cents a share, in the same period a year ago.

WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation reported first quarter 2024 net revenues of $4.7 billion, reflecting a quarter-over-quarter increase of 6%.