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

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.