55.94 +0.41 (0.74%)
After hours: 7:59PM EST
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||54.97 - 56.13|
|52 Week Range||37.16 - 56.13|
|PE Ratio (TTM)||35.37|
|Forward Dividend & Yield||0.32 (0.58%)|
|1y Target Est||N/A|
Bank of America and Goldman Sachs will report earnings on Wednesday during a pivotal week for the banking sector.
Citigroup (C) beat expectations with this morning’s report of $1.28 earnings per share, well over analysts’ expectations of $1.19, and Wednesday morning will see three significant financials earnings announcements: Goldman Sachs Group (GS), Bank of America (BAC), and Charles Schwab (SCHW). Morgan Stanley (MS) reports Thursday morning, and analyst consensus is for revenue of $9.2 billion and earnings of $0.76 per share.
Charles Schwab has had an impressive year so far. With three quarters reported, the brokerage’s revenue growth year to date has been nearly 16% and we expect this trend to continue when the company reports its fourth quarter earnings on January 17.
Charles Schwab Investment was named the best IT team in the American Financial Technology Awards conducted by WatersTechnology.
Modest rise in trading revenues along with higher net interest income might support Schwab's (SCHW) Q4 results. However, higher costs might be a drag.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Financials sector is rising.
BlackRock and AllianceBernstein want all corporate debt trading to be electronic by the end of 2018.