|Bid||38.38 x 1000|
|Ask||38.39 x 1300|
|Day's Range||38.31 - 39.22|
|52 Week Range||28.00 - 51.65|
|Beta (5Y Monthly)||1.13|
|PE Ratio (TTM)||17.79|
|Earnings Date||Jan 14, 2021 - Jan 18, 2021|
|Forward Dividend & Yield||0.72 (1.84%)|
|Ex-Dividend Date||Nov 12, 2020|
|1y Target Est||40.62|
The reductions are part of cost synergies from the acquisition of TD Ameritrade and amount to 3% of the combined companies' workforce.
According to the latest findings from Schwab’s Independent Advisor Outlook Study (IAOS), advisors remain optimistic despite challenges from COVID-19.
Folllowing the closing earlier this month of its acquisition of TD Ameritrade, Charles Schwab is laying off about 1,000 employees, or about 3% of the combined workforce of the two companies. News of the layoffs was reported Monday afternoon by WealthManagement.com, which also said this round of cuts affected four top executives in TD Ameritrade’s RIA custody business: Jim Dario, managing director of product management; Peter Dorsey, managing director of institutional sales and advisor management; Kate Healy, managing director of Generation Next; and Kristin Petrick, managing director of marketing and communications.