- Schwab increased its year net revenue growth forecast to 3.0% to 3.5%, up from the previous estimate of 2.0% to 3.0%.
- Core net new assets brought to the company reached $28.8 billion, marking a 17% increase from the previous month.
- Total client assets rose to $10.31 trillion, showing a 4.6% month-over-month growth.
- The number of new brokerage accounts increased to 357,000, a 7.9% month-over-month rise.
- The revised forecast reflects factors such as increased investor engagement, a stronger post-election equity market, and stable client transactional sweep cash balances.
- Analyst ratings reflect 16 buys, 8 holds, and 2 sells.
“`
A look at Schwab (Charles) Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
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, Charles Schwab is positioned well for the long term. With solid scores across Value, Dividend, and Growth factors, the company appears to be stable and poised for consistent performance. Its Resilience score of 4 indicates a strong ability to weather market fluctuations, while the Momentum score of 5 suggests an upward trend in performance.
As The Charles Schwab Corporation offers a range of financial services to various client segments, its balanced Smart Scores reflect a company that is competitively positioned within its industry. Investors may find Schwab a reliable choice with the potential for sustained growth and stability in the foreseeable future.
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
