Charles Schwab Won't Be Dead Money For Long
Charles Schwab stock has underperformed the big banks, but robust trading activity and asset inflows signal strong business momentum. The firm posted record Q2 revenues of $7.1B (+21% YoY) and expanding margins, with expense growth well-contained and solid operating leverage. Guidance for 2026 shows revenue growth of 17.5–18.5% and pre-tax margins in the low 50% range, supporting a positive outlook despite modest growth deceleration.