Charles Schwab: Successful Year 2024 and Promising Outlook for 2025. Citigroup Upgrades with Target of 102 USD (+32 %)
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Charles Schwab (SCHW) is a leading financial services company offering a wide range of services, including investment solutions, banking services, financial advice, and asset management. The company had a successful year in 2024. A milestone was the integration of Ameritrade with 17 million new customer accounts and 2 trillion USD in assets. The company achieved record levels of customer retention and satisfaction. In Q4, revenue growth was 20%. Strategic growth areas for 2025 include expanding customer relationships through investments in advisory,...
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