Charles Schwab Corp
SCHW: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $83.00 | Lfq | Shbpbkpf |
After 2024, We Forecast Multiple Years of Strong Earnings Growth for Charles Schwab
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Business Strategy and Outlook
We assess that Charles Schwab is fine from a liquidity and capital standpoint, and that earnings should be on a tenable upward trajectory within the next year. While it is best known for its retail investor and registered investment advisor platforms, Charles Schwab 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.