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Bull of the Day: Charles Schwab (SCHW)
ZACKS· 2025-07-28 11:12
Core Insights - The Charles Schwab Corp. achieved record revenue and earnings per share in Q2 2025, with a revenue growth of 25% [1][3] - The company operates various financial services, including wealth management and securities brokerage, with significant client assets totaling $10.8 trillion [1][2] Financial Performance - Schwab reported earnings of $1.14 per share, surpassing the Zacks Consensus estimate of $1.09, marking the 10th consecutive quarter of beating estimates [3] - Net revenue reached a record $5.9 billion, reflecting a 25% increase [3] - Total client assets increased by 14% year-over-year to $10.76 trillion [3] Asset Growth - Core net new assets rose by 31% to $80.3 billion, contributing to a year-to-date asset gathering of $218 billion, which is up 39% year-over-year [4] - New brokerage account openings increased by 11% year-over-year to 1.1 million, bringing total active brokerage accounts to 37.5 million [4] - Daily average trading volume increased by 38% year-over-year, reaching 7.6 million [4] Analyst Outlook - Analysts are optimistic about Schwab's performance for 2025 and 2026, with 9 earnings estimates revised higher for both years [5][6] - The Zacks Consensus Estimate for 2025 has increased to $4.56, indicating a 40.3% growth from last year's earnings of $3.25 [5] - For 2026, the consensus is now $5.35, reflecting a 17.4% growth [6] Shareholder Initiatives - Schwab's Board of Directors authorized a new $20 billion stock buyback plan, replacing the previous authorization of $6.9 billion [9] - The company also pays a dividend with a current yield of 1.1% [10] Stock Performance - Schwab shares have reached new all-time highs, with a year-to-date increase of 31.5%, outperforming the S&P 500 [7][11] - The stock is currently trading at a forward P/E ratio of 21.2, which is in line with the S&P 500, and has a PEG ratio of 0.94, indicating a combination of growth and value [12] Investment Consideration - Schwab is positioned as a large-cap financial services company with double-digit earnings growth and attractive valuations, making it a potential investment opportunity [13]
Ally Financial schedules release of second quarter 2025 financial results
Prnewswire· 2025-06-18 14:01
Core Points - Ally Financial Inc. is set to release its second quarter financial results on July 18, 2025, at approximately 7:30 a.m. ET [1] - A conference call will be held at 9 a.m. ET to discuss the company's performance, available via webcast or dial-in [2] - Registration for the conference call is required at least 15 minutes prior to the start [3] - A replay of the conference call will be accessible via webcast on Ally's Investor Relations website [4] Company Overview - Ally Financial Inc. operates as a financial services company with the largest all-digital bank in the nation and a leading auto financing business [5] - The company provides a range of services including deposits, securities brokerage, investment advisory, auto financing, and insurance offerings [5] - Ally also has a corporate finance division that offers capital for equity sponsors and middle-market companies [5]