Categories AlphaGraphs, Earnings, Finance, LATEST

Charles Schwab Q4 2020 key financials and performance

The Charles Schwab Corporation (NYSE: SCHW) reported fourth-quarter 2020 earnings results today.

Net revenues year-over-year increased to $4.17 billion from $2.6 billion with a change of 60%. Analyst’s estimated total revenue of $4.11 billion.

GAAP net income increased to $1.13 billion from $852 million while EPS decreased to $0.57 from $0.62 per share. Adjusted net income to $1.45 billion while EPS increased 17% to $0.74 per share.  

CEO Walt Bettinger said, “The pandemic’s rapid escalation in early 2020 was accompanied by volatile equity markets and further easing of monetary policy. As the year progressed, government aid packages and vaccine developments helped settle the markets”.

The company reported a stock movement of positive 1% on Tuesday morning at a pre-market session, at $58.65.

  • Charles Schwab (SCHW) Q2 2020 Earnings AlphaGraph
  • Charles Schwab (SCHW) outclasses Q3 2019 earnings and revenue targets on strong client demand
  • Charles Schwab reports second quarter 2019 earnings results
  • Charles Schwab (SCHW) Q1 2019 earnings infograph

Most Popular

Should investors worry about Micron’s (MU) weak Q4 results and guidance?

The semiconductor industry is a rapidly growing business segment that currently thrives on the digital transformation wave. The demand for memory chips and other semiconductor products increased over the years,

What has Bed Bath & Beyond (BBBY) outlined for this fiscal year?

Shares of Bed Bath & Beyond (NASDAQ: BBBY) were up on Friday, a day after the company delivered disappointing results for the second quarter of 2022. The company reported a

NKE Earnings: Highlights of Nike’s Q1 2023 results

Nike, Inc. (NYSE: NKE) has reported a decrease in net profit for the first quarter of 2023, despite a modest increase in revenues. The company's stock suffered a big loss

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