Categories AlphaGraphs, Earnings, Finance
A graphical representation of Charles Schwab (SCHW) Q1 2020 earnings results
The Charles Schwab Corporation (NYSE: SCHW) reported its financial results for the quarter ended March 31, 2020 today.
Charles Schwab reported an 18% drop in earnings for the first quarter of 2020 as the pressure across the yield curve accelerating late in the quarter hurt the net interest revenue by 6%. The results included acquisition-related expenses as well as expenses related to certain actions taken in response to the COVID-19 pandemic.
Trading revenue was 13% lower than last year due to its October 2019 pricing actions, partially offset by the dramatic increase in transactions. The company expects to remain on offense, driving long-term value by protecting its business momentum, as well as thoughtfully managing the investments in its business necessary to sustain and enhance the all-weather model.
Past Performance
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
