SCHW Stock Recent News

Rising interest rates have pressured Charles Schwab's deposits in recent years. The stock took a hit in the months following the regional banking crisis last March.

Zacks.com users have recently been watching The Charles Schwab Corporation (SCHW) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Executives said financial results should improve in the year ahead. Many employees, still stung by layoffs, remain uneasy.

Charles Schwab's Q4'23 results beat expectations on the bottom line. The financial brokerage company reported strong core profitability and double-digit profit margins. The company suffered from major cash-sorting efforts from clients in FY 2023, but the rate trajectory is set to change in FY 2024. Charles Schwab's core net new assets grew by $306B in FY 2023, indicating continued trust from investors.

Alex Fitch, Oakmark Funds portfolio manager, joins 'Fast Money' to explain why Charles Schwab is still one of his top picks in banking sector.

Patrick Moley, Piper Sandler, joins 'Closing Bell Overtime' to talk Charles Schwab earnings, the state of the retail trader and more.

Charles Schwab Corp. CEO Walt Bettinger isn't holding back. "No one at Schwab is kidding themselves that everything is perfect right now," Bettinger said on a call discussing earnings on Wednesday morning.

Charles Schwab (SCHW) shares sank close to 3% in early trading Wednesday after the discount brokerage and financial services firm reported profit and sales plunged on a decline in interest revenue and a regulatory charge.

The Charles Schwab Corporation (SCHW) 2024 Winter Business Update

Although the revenue and EPS for The Charles Schwab Corporation (SCHW) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.