Reported about 15 hours ago
Charles Schwab Corp. reported a 20% revenue growth to $5.33 billion in the fourth quarter, exceeding Wall Street estimates, while adjusted earnings per share also surpassed forecasts. With total client assets reaching $10.1 trillion and plans for expansion, Schwab is focused on deepening client relationships and expects to see a 13%-15% revenue increase this year. The firm is also attracting a younger investor demographic and is considering options for crypto trading as regulatory clarity improves.
Source: YAHOO