Charles Schwab tops first-quarter profit estimates as higher rates boost company’s interest income

📆 4/17/2023 11:54 AM
📰 globeandmail

⏱ Reading Time:
3 sec. here
2 min. at publisher
📊 Quality Score:
News: 4%
Publisher: 92%

United States News News

United States United States Latest News,United States United States Headlines

Charles Schwab said it would pause its share buyback program in light of recent uncertainty in the U.S. banking sector and the resulting concerns around new regulations

On an adjusted basis, profit rose to 93 cents per share for the three months ended March 31. Analysts on average expected 90 cents per share, according to Refinitiv IBES data.Total net revenue rose 10 per cent to $5.

12-billion from $4.67-billion a year earlier.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

United States United States Latest News, United States United States Headlines