US-based financial services firm Charles Schwab Corp. reported its fourth-quarter financial results, topping estimates and marking a significant increase in retail brokerage inflows. The company’s revenue rose by 20% year-over-year to $5.33 billion, significantly exceeding the expected $5.19 billion. Additionally, adjusted earnings per share reached $1.01, surpassing forecasts. This achievement demonstrates Schwab’s ongoing growth and appeal to investors.
Source: https://www.bloomberg.com/news/articles/2025-01-21/schwab-rises-after-earnings-top-estimates-on-record-inflows