Charles Schwab reports weaker-than-expected Q4 revenue
Charles Schwab(SCHW) Invezz·2024-01-17 20:43
Charles Schwab Corporation (NYSE: SCHW) is trending slightly down in premarket on Wednesday after reporting weaker-than-expected revenue for its fiscal fourth quarter.Here’s what CEO Bettinger said todayCopy link to sectionOn the plus side, the multinational ended its financial year with a record $8.5 trillion worth of total client assets – a 21% increase versus last year. 2023 marked the fifth consecutive year for Charles Schwab to see its pre-tax margin on an adjusted basis above 40%. Walt Bettinger – it ...