Skip to Content
Morningstar

Charles Schwab Corp SCHW

Morningstar Rating
Unlock
Stock XNYS Rating as of
$74.15 +0.73 (0.99%)
View Full Chart
As of Delayed Price Closed
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

After 2024, We Forecast Multiple Years of Strong Earnings Growth for Charles Schwab

Michael Wong

We assess that Charles Schwab is fine from a liquidity and capital standpoint, and that earnings should be on a tenable upward trajectory within the next year. While it is best known for its retail investor and registered investment advisor platforms, Charles Schwab 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.

Read Full Report

Price vs Fair Value

View History
SCHW is trading at a 788% premium.
Price
$73.42
Fair Value
$78.00
Uncertainty
High
1-Star Price
$618.60
5-Star Price
$24.10
Economic Moat
Fybnk
Capital Allocation
Qxnjmzdg

Bulls Say, Bears Say

Bulls

Charles Schwab is solidifying its position as a leader in investment services and may be able to expand into other financial services.

Bears

The potential for a lack of growth in low-cost deposits would be a negative for the firm.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if SCHW is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$73.42
Day Range
$73.22–74.18
52-Week Range
$48.66–79.49
Bid/Ask
$73.48 / $74.15
Market Cap
$135.56 Bil
Volume/Avg
4.9 Mil / 6.9 Mil

Key Statistics

Price/Earnings (Normalized)
25.17
Price/Sales
7.34
Dividend Yield (Trailing)
1.35%
Dividend Yield (Forward)
1.35%
Total Yield
1.35%

Company Profile

Charles Schwab operates in brokerage, wealth management, banking, and asset management. It runs a large network of brick-and-mortar brokerage branch offices and a well-established online investing website, and it has mobile trading capabilities. It also operates a bank and a proprietary asset-management business and offers services to independent investment advisors. Schwab is among the largest firms in the investment business, with over $8 trillion of client assets at the end of December 2023. Nearly all of its revenue is from the United States.
Sector
Financial Services
Industry
Capital Markets
Stock Style Box
Large Core
Total Number of Employees
33,000
Website
https://www.aboutschwab.com

Competitors

Valuation

View More
Metric
SCHW
MS
LPLA
Price/Earnings (Normalized)
 25.1716.4918.31
Price/Book Value
 4.081.799.28
Price/Sales
 7.343.182.07
Price/Cash Flow
 18.0010.4412.78
Price/Earnings
SCHW
MS
LPLA

Financial Strength

Metric
SCHW
MS
LPLA
Quick Ratio
 ——1.09
Current Ratio
 ——1.58
Interest Coverage
 ——7.62
Quick Ratio
SCHW
MS
LPLA

Profitability

Metric
SCHW
MS
LPLA
Return on Assets (Normalized)
 1.08%1.02%11.95%
Return on Equity (Normalized)
 18.12%13.37%54.95%
Return on Invested Capital (Normalized)
 ——23.46%
Return on Assets
SCHW
MS
LPLA
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Capital Markets Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Morgan Stanley
MS
ShlmbzwcrDqfgnb$161.9 Bil
 The Goldman Sachs Group Inc
GS
ScyhfvmbTmyxppl$150.1 Bil
 Raymond James Financial Inc
RJF
PwyqmghDxsx$25.3 Bil
 Tradeweb Markets Inc
TW
JmqhnhfjXlmg$22.5 Bil
 LPL Financial Holdings Inc
LPLA
HmkhljhQyfpf$21.1 Bil
 Interactive Brokers Group Inc Class A
IBKR
ZdjzqstcWwvfd$13.7 Bil
 Stifel Financial Corp
SF
NzzdjzcMmrfv$8.5 Bil
 Evercore Inc Class A
EVR
VrjvndctKstrbp$8.1 Bil
 MarketAxess Holdings Inc
MKTX
KlcpvrvtkDmsyw$7.3 Bil

Sponsor Center