2024-07-26 08:00:00 ET
Summary
- Many people turned very negative on Schwab this past week after the earnings report.
- A deep look actually suggests this could be a positive.
- You have to engage in due diligence regarding the banks that house your hard-earned money.
Charles Schwab ( SCHW ) recently reported 2Q24 numbers and held a conference call. On the call, the company’s management announced several important strategic initiatives that should improve SCHW’s balance sheet and organic capital generation. The share price has fallen by more than 15% since then. In this article, we would like to take a closer look at what has happened and if there are any risks to SCHW’s long-term financial stability....
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For further details see:
Is Schwab As Bad As Everyone Believes?