Schwab’s Key Monthly Metrics Witness Growth In April

+0.79%
Upside
72.36
Market
72.93
Trefis
SCHW: Charles Schwab logo
SCHW
Charles Schwab

Charles Schwab saw a majority of its monthly metrics improve in April. While net new brokerage accounts were down 7% y-o-y, Daily Average Revenue Trades (DARTs) rose 2% in the period. Average assets under management saw a rise of around 2%, while interest earning assets grew 20% y-o-y, driven largely by the interest rate hike at the end of 2015.

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com

2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Charles Schwab.

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