Charles Schwab Analysts Increase Their Forecasts After Upbeat Results
1. SCHW's Q4 revenue rose 20% year-over-year to $5.33 billion. 2. Net interest revenue increased by 19% Y/Y, totaling $2.531 billion. 3. Adjusted net income surged 44% Y/Y to $1.97 billion, EPS hit $1.01. 4. Active brokerage accounts reached 36.5 million, growth of 22% Y/Y. 5. Analysts raised price targets, with Deutsche Bank boosting to $105.