The Charles Schwab Corporation
Company Description
Charles Schwab is one of the largest retail-oriented financial-services companies in the US, with $11.6 trillion in client assets across its brokerage, banking, asset management, custody, financial advisory, and wealth-management businesses at the end of the third quarter. While best known for its retail brokerage offering, Schwab generates the lion's share of its revenue and profits through its Charles Schwab Bank and asset management segments. The firm is a dominant player in registered invest...
Analysis Summary
Counter-intuitive pick. While NIM compresses, AUM growth accelerates as cash moves to equities. Deposit concerns overblown.
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