Charles Schwab: Focus On Balance Sheet Improvement Scares Investors
Charles Schwab(SCHW) Seeking Alpha·2024-07-17 21:23
JHVEPhoto/iStock Editorial via Getty Images When shares of The Charles Schwab Corporation (NYSE:SCHW) posted its results for the first quarter of this year, I believed that there was some strength seen under the hood. That strength cooled off a bit during the second quarter, with client inflows slowing, deposit outflows continuing, and the company waiting on interest rate cuts to drive earnings growth from here. Amidst the impact of higher interest rates and deposit migration, the company is looking to ...