Street View: Charles Schwab's momentum story stays intact despite mixed outlook

By Reuters News

** Financial services and brokerage firm Charles Schwab SCHW.N on Thursday missed third-quarter revenue estimates

** Co reported Q3 revenue of $7.17 billion, missing analysts' estimate of $7.18 billion - LSEG-compiled data

** Median PT of 25 brokerages covering stock is $125.44 - LSEG-compiled data

NOT A ROADBLOCK

** JP Morgan ("overweight," PT: $147) says despite some near-term headwinds and offsets, setup for 2027 remains constructive, with asset sensitivity and improved rate dynamics expected to support further earnings growth

** Raymond James ("outperform," PT: $125) says strong account growth and net new asset inflows continue to drive business momentum, while favorable interest-rate environment should support net interest margins

** Citizens ("market outperform," PT: $120) says SCHW's record organic growth, stronger revenue mix and expense discipline more than offset slower near-term NIM progression, with further NIM expansion expected over medium term

** Deutsche Bank ("buy," PT: $125) says Schwab's near-term outlook for net interest margin (NIM) and revenue growth is mixed, but its longer-term trajectory remains unchanged

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