Charles Schwab: The Beneficiary of Market Volatility Increases EPS by 41% and is on the Verge of a Significant Chart Breakout!
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Charles Schwab (SCHW) is one of the most well-known financial service providers in the USA when it comes to brokerage, investment advisory, and asset management. Retail investors as well as institutional clients trust the company. It also operates its own bank with checking and savings accounts. As the company revealed today, it benefits from the current volatility environment. The numbers for the first quarter exceeded expectations. Net assets increased by $138 billion (+44%). Revenues rose by 18% due to higher trading volumes, net inflows...
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