- Total client assets for Schwab in August 2024 reached $9.74 trillion.
- Core net new assets brought by both new and existing clients amounted to $32.8 billion, marking a 13% increase month-over-month.
- Company projects a 2%-3% sequential increase in revenue for the third quarter.
- Current stock ratings include:
- 18 buys
- 7 holds
- 2 sells
A look at Schwab (Charles) Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
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 the Smartkarma Smart Scores, Charles Schwab’s overall outlook appears to be quite balanced. With a score of 3 in Value, Dividend, Growth, Resilience, and Momentum, the company seems to have a stable position across various key factors. This suggests that Charles Schwab offers a combination of value, growth potential, dividend yield, resilience in market fluctuations, and momentum in its operations.
The Charles Schwab Corporation, known for providing financial services to a wide range of clients, including individual investors, independent investment managers, and institutions, seems to have a well-rounded profile. With a stable score of 3 across key indicators, Schwab may potentially offer a mix of stability and growth opportunities for investors looking for a reliable player in the financial services sector.
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.
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