Professional
Added to YB: 2024-10-23
Pitch date: 2024-09-30
SCHW [bullish]
The Charles Schwab Corporation
+48.05%
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
$169.5B
Pitch Price
$63.41
Price Target
N/A
Dividend
1.34%
EV/EBITDA
N/A
P/E
20.51
EV/Sales
N/A
Sector
Capital Markets
Category
N/A
Oakmark U.S. Large Value Strategy Portfolio Holding: The Charles Schwab Corporation
SCHW: Net interest revenue down YoY on deposit decline & higher cost funding. Regulatory scrutiny on cash interest rates affecting sector. Less impact expected vs peers due to advisor service focus. Long-term outlook positive: deposit declines to stabilize, low-cost deposits to replace high-cost funding, driving earnings growth. Scale advantages remain.
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