业绩总结 - 公司2024年第三季度净收入同比增长5%至4.8亿美元[48] - 第三季度管理投资净流入增长80%[47] - 2024年第三季度交易性扫描现金净流入9亿美元[51] 用户数据 - 2024年第三季度，客户保证金余额为73.0亿美元，管理投资净流入为10.5亿美元，每日平均交易量为5.7百万[15] - 2024年第三季度，核心净新资产为95.3亿美元，新开户数为97.2万[18] - 2024年9月末，Charles Schwab银行存款账户总余额为840亿美元，其中浮动利率占87%，固定利率占13%[88] 未来展望 - 预计2024年第四季度调整后的收入将达到每股0.80美元[62] 新产品和新技术研发 - 公司不断推进战略举措，进一步提升满足投资者不断变化需求的能力[27] - 公司在广泛的投资建议解决方案中取得强劲势头，投资者越来越倾向于寻求综合财富管理[33] 市场扩张和并购 - 公司不断投资于关系模型，为领先的客户服务模式奠定基础[36] 负面信息 - 2024年第三季度，公司总支出（不含利息）为30.05亿美元，净收入为14.08亿美元[97] - 2024年第三季度，公司收购和整合相关成本为2.3亿美元，摊销收购的无形资产为1.3亿美元[97] - 2024年第三季度，公司重组成本为1亿美元[97]

财务数据和关键指标变化 - 第三季度收入同比增长5%至48亿美元,调整后税前利润同比增长5%,调整后税前利润率超过41% [28] - 调整后每股收益为0.77美元 [28] - 客户现金余额在9月份出现17亿美元的净流入,显示客户现金重新趋于正常水平 [31][34] - 公司已减少90亿美元的高成本补充性融资,目前余额降至650亿美元 [35] - 公司资本水平持续提升,调整后一级杠杆比率达到6.7% [36] 各条业务线数据和关键指标变化 - 交易活动同比增长4%,保证金贷款余额增加至730亿美元 [27] - 零售投顾业务净流入创新高,达150亿美元 [9][15][16] - 公司银行业务在第三方评价中被评为最值得信赖的银行 [13] - 前美国德美利证券客户的资产净流入持续改善,已连续两个季度转正 [10][11][54] 各个市场数据和关键指标变化 - 第三季度市场整体表现良好,标普500指数和纳斯达克指数创历史新高 [27] - 客户情绪保持乐观,交易活动保持稳健 [8] 公司战略和发展方向及行业竞争 - 公司将继续专注于为个人投资者、企业客户和注册投资顾问提供服务,这一以客户为中心的战略将推动公司长期增长 [22][23] - 公司正在加大对财富管理、资产管理和贷款业务的投入,以满足客户的综合金融需求 [15][16][17][76][77] - 公司正在不断提升运营效率,2024年前三季度调整后客户资产成本降至12个基点,较2019年的16个基点有所下降 [15] - 公司正在加强对交易客户的服务,认为与美国德美利证券的结合使其在该领域具备行业领先优势 [20] 管理层对经营环境和未来前景的评论 - 公司对长期增长前景保持信心,认为已经走出了与美国德美利证券整合的过渡期 [7][11] - 管理层预计2024年全年收入将增长2%-3%,调整后费用增长约2% [38] - 管理层初步预计2025年费用增长将维持在中个位数,但具体数字还需进一步确定 [50][51] - 管理层表示未来将继续优先偿还高成本补充性融资,在此之前暂不考虑股票回购等资本返还措施 [59][60][61][62] 其他重要信息 - 公司首席执行官贝汀格将于明年1月过渡到执行联席董事长的新角色,总裁沃斯特将接任CEO [4][23] - 新任CFO维德斯基将接替即将退休的克劳福德 [30][29] 问答环节重要的提问和回答 问题1 **Ken Worthington 提问** 询问9月份客户现金余额大幅增加的原因 [43] **Michael Verdeschi 回答** 客户现金余额增加主要是由于客户活动的季节性因素以及现金重新配置活动的放缓 [44][45] 问题2 **Alexander Blostein 提问** 询问公司是否考虑对证券投资组合进行重组 [46] **Michael Verdeschi 回答** 公司目前没有考虑证券投资组合重组,而是将优先偿还高成本补充性融资 [47][48][49] 问题3 **Brennan Hawken 提问** 询问2025年费用增长预期是否包含2024年的重组费用 [49][50] **Michael Verdeschi 回答** 2025年费用增长预期已经包含了2024年的重组费用影响,公司将在保持投资能力的同时保持费用纪律 [50][51]

Key TakeawaysCharles Schwab stock jumped to a three-month high after the financial services company reported third-quarter results above what analysts had expected.Revenue and profits rose year-over-year, while net interest income dropped slightly.The investment management firm also lifted its revenue projections for the full year. Charles Schwab (SCHW) shares soared Tuesday as the financial services company reported better third-quarter results than analysts had expected, and also lifted its projections fo ...

Charles Schwab’s (SCHW) third-quarter 2024 adjusted earnings of 77 cents per share beat the Zacks Consensus Estimate. The bottom line, however, remained stable year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Shares of the company rose 9.3% in pre-market trading on better-than-expected results.Results benefited from the solid performance of the asset management business, which drove revenues. The absence of fee waivers and solid brokerage account numbers acted as tailw ...

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The Charles Schwab Corporation (SCHW) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.67%. A quarter ago, it was expected that this company would post earnings of $0.73 per share when it actually produced earnings of $0.73, delivering no surprise.Over the last four quarters, the com ...

Schwab Could Earn Billions From Alternative Investments. Clients Should Think Twice. ...

Wall Street analysts expect The Charles Schwab Corporation (SCHW) to post quarterly earnings of $0.75 per share in its upcoming report, which indicates a year-over-year decline of 2.6%. Revenues are expected to be $4.8 billion, up 4.3% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a compa ...

Charles Schwab (SCHW) is scheduled to report third-quarter 2024 results on Oct. 15, before the market opens. While the company’s earnings are expected to have declined on a year-over-year basis, revenues are anticipated to have improved.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the second quarter, Schwab’s earnings met the Zacks Consensus Estimate. Results benefited from the solid performance of the asset management business. The absence of fee waivers and solid brokerage a ...

After contributing to massive growth of the brokerage firm in the last 16 years, Charles Schwab’s (SCHW) CEO, Walt Bettinger, is ready to step down from his role. Bettinger said that he will retire from his role as the CEO by 2024-end and will be replaced by Schwab’s president Rick Wurster, who will assume the role of CEO effective Jan. 1.Bettinger mentioned, “Serving the clients, employees and stockholders of Schwab as CEO for the past 16 years has been the honor and privilege of my more than 40-year busin ...