Charles Schwab: Key Takeaways from Schwab's 2026 Investor Day

Research evidence excerpt

Charles Schwab: Key Takeaways from Schwab's 2026 Investor Day

Deutsche Bank

Research

Rating Company Date

Buy Charles Schwab 15 May 2026

North America Reuters Bloomberg Rating Buy

United States SCHW.N SCHW US Price target (USD) 128.00 Price at 14 May 26 89.44

52-week range 107.21 – 85.37

Financial

Brokers, Asset Managers & Valuation & Risks

Exchanges

Key Takeaways from Schwab's 2026 Investor

Day BrianResearchBedell,AnalystCFA

+1-212-250-6600

Key take: Solid position, earnings stronger, albeit cash sorting overhang persists

Son Nguyen At Schwab's 2026 Institutional Investor Day at its HQ in Texas, mgmt. provided Research Associate

much more visibility into a variety of strategic priorities and key initiatives +1-212-250-9311

designed to advance organic growth, including enhancing its offerings in

alternative investments, private markets, and digital assets, as well as a number Erika Nelson

Research Associate of growth initiatives across investor services, advisor services, wealth mgmt.,

+1-212-250-9986

active trading, and workplace services, including detailed contribution from

advancements in AI. Mgmt. also provided an updated financial outlook reflecting

strong momentum and robust client engagement to start the year. The company

now expects full-year 2026 revenue growth of 14-15% Y/Y (vs. the current

Consensus at 12%), supported by strong lending utilization and NIM expansion

into the 3.00-3.10% range for the full year.

During the nearly 6-hour session, presenters at the 2026 Institutional Investor

Day included Rick Wurster (President & CEO), Mike Verdeschi (MD & CFO), Jon

Beatty (MD, Head of Advisor Services), Jonathan Craig (MD, Head of Retail

Investing), James Kostulias (MD, Head of Trading Services), Adele Taylor (MD,