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.

Charles Schwab (SCHW) Q1 2020 earnings review

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

FDX Earnings: FedEx Q1 adjusted earnings drop; revenue up 5%

Cargo giant FedEx Corporation (NYSE: FDX) Thursday reported a decline in first-quarter adjusted earnings, despite an increase in revenues. The company also provided guidance for fiscal 2023. Net income, adjusted

Key highlights from Darden Restaurants (DRI) Q1 2023 earnings results

Darden Restaurants, Inc. (NYSE:DRI) reported first quarter 2023 earnings results. Total sales increased 6.1% year-over-year to $2.4 billion, driven by blended same-restaurant sales growth of 4.2%. Net earnings amounted to

ACN Earnings: Key quarterly highlights from Accenture’s Q4 2022 financial results

Accenture (NYSE: ACN) reported fourth quarter 2022 earnings results today. Total revenues were $15.4 billion, up 15% year-over-year in US dollars and up 22.4% in local currency. Net income attributable

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top