Professional
Added to YB: 2024-03-15
Pitch date: 2023-12-31
SCHW [bullish]
The Charles Schwab Corporation
+42.01%
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
$66.10
Price Target
N/A
Dividend
1.34%
EV/EBITDA
N/A
P/E
20.51
EV/Sales
N/A
Sector
Capital Markets
Category
growth
Ariel Appreciation Fund Portfolio Holding: The Charles Schwab Corporation - $SCHW
SCHW advanced with better-than-expected short-term debt paydown & net interest income, confident about meeting new regulatory leverage ahead of time, countering cash balance decline & full-year guidance revision. Upside from scale, customer focus, & TD Ameritrade acquisition benefits.
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