Charles Schwab

$Schwab US Div Eq(SCHD.US)

Could be a good buy for mid term … caveat emptor…

🚨 Pre-market buzz!

$Charles Schwab(SCHW.US) reversal stick confirms with todays gap up.

Source: Sunrise Trader

$Charles Schwab(SCHW.US) with follow thru a move and hold over the 10ema daily next on my radar. Still own full and paydays

Source: Sunrise Trader

$Charles Schwab(SCHW.US) new here today. HT @ibex_matt for sharing the idea. Reversing today off lows clear risk for my style of trading.

Source: Sunrise Trader

SCHW 1Q26 First Take: The quarter was solid, but expectations were high. Investors may focus on a slight revenue miss and a sequential dip in NIM.

After upbeat Feb metrics, management guided 16% Q1 revenue growth (vs. 14.5% then-consensus). That effectively raised the bar a month early.

1) Core metrics: NNA highlights brand strength; NIM likely saw short-term noise 1Q NNA was $140bn, which includes a planned $17.5bn outflow from mutual funds upon liquidation/maturity. Adjusted for that, the annualized growth rate was 5.3%, above the 5% full-year guide. In Mar, NNA growth reached 7.5% despite geopolitical noise.

Notably, core NNA here reflects the organic expansion of Schwab's legacy franchise. It excludes client assets associated with Forge Global.

NIM was 2.88%, down slightly QoQ. Interest income began to feel late-2025 rate cuts, while funding costs rose on higher short-term borrowings.

Margin balances are trending well; excluding RIA long/short strategies, platform user margin balances still rose 4% QoQ, outperforming the industry. Dolphin Research believes the uptick in short-term borrowings may be a tactical move to meet financing demand.

2) Trading revenue +20%, DARTs +34% YoY (+20% QoQ), above expectations. Key drivers were a 6% increase in accounts, 12% higher assets per account, and a greater mix of derivatives trading YoY.

3) NII +16% YoY, high base and rate cuts in play. Interest-earning assets grew ~1%, and the YoY expansion was driven by wider NII spreads and a rapid run-off of short-duration debt that reduced interest expense.

4) AM up 15%, a steady Schwab hallmark. Total AUM, including money funds (funds + advisory), reached $4.3tn at quarter-end (+17% YoY), while the blended fee rate was unchanged.

5) Margin trajectory tempered by NIM and M&A. Operating margin was 49% in Q1, up sharply YoY but down 100bps QoQ, reflecting a small sequential decline in NIM and the Mar close of the Forge Global acquisition, with personnel expense up 11% QoQ.

6) Higher shareholder returns. The Q1 dividend was raised to $0.32/share (+19% QoQ). Buybacks totaled $2.4bn vs. $2.7bn last quarter, implying a current annualized yield of 5.7%—not rich, but not low either. $Charles Schwab(SCHW.US)

$Tema Space Innovators ETF(NASA.US) Tema ETFs said on Tuesday that it has launched an actively managed exchange-traded fund focused on the space economy.

The Tema Space Innovators ETF provides investors with 10% direct exposure to SpaceX through a special purpose vehicle structure provided by Forge, a subsidiary of Charles Schwab (SCHW).

Tema ETFs said the fund's holdings include AST SpaceMobile (ASTS), Rocket Lab (RKLB), Planet Labs (PL), EchoStar (SATS), and Intuitive Machines (LUNR).

$Charles Schwab(SCHW.US) daily with a follow thru gap up

Source: Sunrise Trader

$Charles Schwab(SCHW.US) moving higher off the 200ma daily.

Source: Sunrise Trader

$Charles Schwab(SCHW.US) observation...stairs up, elevator down.

Source: Sunrise Trader

SCHW 4Q25 First Take: Q4 stayed steady, with overall financials broadly in line. Revenue was a slight miss (mainly on BDA fees), but tighter cost control drove a profit beat. Core operating metrics that Dolphin Research tracks topped expectations, underscoring stable organic growth momentum.

(1) First, the two key drivers of organic growth. NNA and NIM.

NNA was 158 bn in Q4, implying a 5.4% annualized pace. The rebound in Dec. brought growth back within the 5–7% guidance range.

NIM printed at 2.93% in Q4. Despite rate cuts in Sep. and Dec., NIM still rose vs. Q3. The setup echoed Q3, with both higher interest income and lower funding costs at work, as financing activity stayed robust and balances grew while rates eased only modestly.

Funding costs fell on two fronts. Short-term borrowings declined (net down 5 bn QoQ, vs. 2.1 bn in Q3), reflecting accelerated repayment of high-coupon funding taken during the crisis period. In addition, the rate on flexible savings dropped sharply alongside rate-cut expectations, from 0.43% to 0.29% QoQ.

(2) In trading, DARTs rose 31% ahead of expectations. The lift came from a 6% increase in active users, a 12% increase in assets per client, and a supportive Q4 tape. Derivatives penetration climbed to 22.4%, boosting average revenue per trade.

(3) NII rose 25% YoY, though the pace moderated vs. Q3 given the tough base. Interest-earning assets were up ~1%. Expansion was mainly driven by higher NIM and the rapid runoff of short-term debt, which reduced interest expense.

(4) Asset management revenues accelerated to 15% growth despite a high base. With take rates still drifting down slightly, growth was primarily AUM-led across the platform.

(5) The company continued to leverage scale to improve efficiency in Q4. Total opex rose 4%, well below revenue growth of 19%. OP reached $3.2 bn, up 38% YoY, and OPM expanded ~700 bps YoY to above 50%.

(6) Investments & M&A: the Forge acquisition is slated to close in 1H this year. SCHW repurchased 29.2 mn shares in Q4 for $2.7 bn and paid a dividend of $0.27 per share. Shareholder returns were roughly unchanged vs. last quarter, with an annualized yield of 6% that remains attractive in a cutting cycle. $Charles Schwab(SCHW.US)