Monetary companies firm The Charles Schwab Company (NYSE: SCHW) on Tuesday reported double-digit progress in revenues and adjusted revenue for the fourth quarter of 2024.
Complete revenues elevated 20% year-over-year to $5.33 billion within the December quarter. The topline benefitted from sturdy shopper engagement, elevated margin utilization, and constructive shopper money tendencies.
Internet revenue accessible to frequent stockholders was $1.72 billion or $0.94 per share in This fall, in comparison with $926 million or $0.51 per share within the prior-year quarter. Adjusted revenue climbed 49% year-over-year to $1.01 per share in the course of the three months.