Charles Schwab (SCHW) released its monthly activity report, with which the company stated: “FY24 net revenue is currently expected to grow by 3% to 3.5% versus the prior year, reflecting a combination of increased investor engagement, post-election equity market strength, and the continued stabilization of client transactional sweep cash balances. This represents an improvement from the 2% to 3% revenue growth range previously communicated.”
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Read More on SCHW:
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