Added to YB: 2024-09-19
Pitch date: 2024-06-30
SCHW [bullish]
The Charles Schwab Corporation
+33.25%
current return
Author Info
No bio for this author
Company Info
The Charles Schwab Corporation, together with its subsidiaries, operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally.
Market Cap
$161.2B
Pitch Price
$72.54
Price Target
N/A
Dividend
1.19%
EV/EBITDA
N/A
P/E
21.26
EV/Sales
N/A
Sector
Capital Markets
Category
growth
Harris Associates U.S. Concentrated Strategy Portfolio Holding: The Charles Schwab Corporation
SCHW: Q1 results strong with record NPS, 1M+ new accounts. Mgmt expects NIM ~3% by end-2025. Maturing securities & retained earnings boost capital, enabling potential buybacks by end-2024. Attractive upside potential remains.
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