Charles Schwab Corp
SCHW: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $94.00 | Vyzd | Rzqpbmtkrw |
Adjusting Our Fair Value for Charles Schwab to $73, as Recovery May Take Longer Than Expected
/s3.amazonaws.com/arc-authors/morningstar/75bbf764-3b6f-4f5a-8675-8f9488c74c04.jpg)
Business Strategy and Outlook
We assess that Charles Schwab is fine from a liquidity and capital standpoint, but that it could take more than a year before earnings are on a tenable upward trajectory. While Charles Schwab is best known for its retail investor and Registered Investment Advisor platforms, Charles Schwab Corporation is a savings and loan holding company that had around $300 billion of deposits at the end of 2023 and generates about half of its revenue from net interest income.