Schwab Reports Second Quarter Results

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Go back to Schwab Reports Second Quarter Results

Goldman Sachs on Charles Schwab Corp. (SCHW) June Monthly metrics: 'we think lower wholesale funding balance will be a net positive to NI'

July 18, 2023 9:07 AM EDT

Goldman Sachs analyst Alexander Blostein reiterated a Buy rating and $71.00 price target on Charles Schwab Corp. (NYSE: SCHW).

The analyst comments "June Monthly Metrics (=): Ending Client Assets increased 4.8% m/m to $8.01tn and 5% above consensus estimates due to organic growth (+5% annualized in June)... More

Citi on Charles Schwab Corp. (SCHW): 'a solid result in the current operating environment'

July 18, 2023 8:53 AM EDT

Citi analyst Chris Allen reiterated a Buy rating and $65.00 price target on Charles Schwab Corp. (NYSE: SCHW).

The analyst comments "SCHW reported 2Q23 EPS of $0.75 (vs our est. and consensus of $0.71). Relative to our estimates, the beat was largely top-line driven... More

Charles Schwab (SCHW) Tops Q2 EPS by 3c

July 18, 2023 7:46 AM EDT

Charles Schwab (NYSE: SCHW) reported Q2 EPS of $0.75, $0.03 better than the analyst estimate of $0.72. Revenue for the quarter came in at $4.66 billion versus the consensus estimate of $4.63 billion.

For earnings history and earnings-related data on Charles Schwab (SCHW) click here.

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