“The Charles Schwab Corporation announced today that its net income for the first quarter of 2023 was $1.6 billion, up 14% from $1.4 billion for the first quarter of 2022.”
“Client And Business Momentum Continued; Organic Asset Growth Exceeded 7% 10% Year-over-Year Revenue Growth; GAAP Pre-Tax Profit Margin of 41.2%; 45.8% Adjusted”
“In light of recent events within the U.S. banking sector, and the resulting regulatory uncertainty, we have decided to pause our active buyback program.”
https://content.schwab.com/web/retail/public/about-schwab/schw_q1_2023_earnings_release.pdf
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