- In April 2024, Schwab’s net new assets totalled $10B, indicating the overall capital brought to the company by new and existing clients.
- The total client assets held by the company at the end of the said month stood at a staggering $8.85 trillion.
- There was a slight decrease of 3% in the Transactional Sweep Cash, ending April at $387.7B.
- Schwab’s market performance was characterized by more buying activity with 18 buys, in contrast to 6 holds, and only 2 sells.
A look at Schwab (Charles) Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, the long-term outlook for Schwab (Charles) appears promising with a solid overall performance. The company scores particularly well in key areas such as Momentum, indicating a strong upward trend in its financial performance over time. Additionally, Schwab demonstrates decent Growth and Resilience scores, suggesting a stable and expanding business model. While Value and Dividend scores are not as high, the company’s overall outlook remains positive.
As The Charles Schwab Corporation offers a diverse range of financial services to various client segments, including individual investors and institutions, its operations are well-positioned to benefit from market opportunities. With a focus on securities brokerage, banking, and related financial services in multiple geographic locations, Schwab continues to establish itself as a reputable player in the financial services industry with potential for sustained growth and resilience in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
