Charles Schwab Stock Rises as Fourth Quarter Results Top Estimates
1. Charles Schwab's Q4 earnings exceeded estimates, with $1.84 billion profits. 2. Trading surged 11% post-election, enhancing client engagement significantly. 3. $5.33 billion in revenue marked a 20% increase year-over-year. 4. Net interest income of $2.53 billion surpassed expectations. 5. Asset management fees reached a quarterly record of $1.5 billion.