Professional
Added to YB: 2024-01-12
Pitch date: 2024-01-12
SCHW [bullish]
The Charles Schwab Corporation
+50.47%
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
$62.38
Price Target
80.00 (-15%)
Dividend
1.34%
EV/EBITDA
N/A
P/E
20.51
EV/Sales
N/A
Sector
Capital Markets
Category
value
Charles Schwab ($SCHW): Revenue Downturn Showing Signs of Stabilization; Shares Undervalued
$SCHW solid financials, 22.6% CET1 ratio, ample capital for deposit withdrawals. NII pressured near-term but earnings to rise post deposit stabilization. TD merger synergies, scalable biz model. Risks: fintech competition, low rates, deposit loss. Economic moat: cost advantage, $7T client assets. FVE raised to $80 on normalized rates. ESG risks but skilled mgmt.
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