Why Charles Schwab Stock Is Up Today
Charles Schwab(SCHW) The Motley Fool·2024-04-16 00:32
With its big deal largely done, the company's attention is focused on returning cash to shareholders.Charles Schwab (SCHW 3.69%) delivered solid earnings and said it was focused on returning capital to shareholders. Investors liked the tone of the report, sending shares up about 4% as of 11:30 a.m. ET.Strong markets driving asset growthSchwab has long been one of the most prominent retail brokerages, a position it solidified via its 2020 acquisition of TD Ameritrade. But the last few years have been spent m ...