Charles Schwab Corp
SCHW: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$39.00 | Stzl | Rhysqnddpy |
Adjusting Our Fair Value for Charles Schwab to $73, as Recovery May Take Longer Than Expected
Business Strategy and Outlook
We assess that Charles Schwab is fine from a liquidity and capital standpoint, but that it could take more than a year before earnings are on a tenable upward trajectory. While Charles Schwab is best known for its retail investor and Registered Investment Advisor platforms, Charles Schwab Corporation is a savings and loan holding company that had around $300 billion of deposits at the end of 2023 and generates about half of its revenue from net interest income.