Schwab Q2 Net Interest Revenue Fell To $2.29B From $2.54B
Portfolio Pulse from Benzinga Newsdesk
Charles Schwab Corporation's Q2 net interest revenue fell to $2.29 billion from $2.54 billion.
July 18, 2023 | 11:51 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Charles Schwab Corporation reported a decrease in Q2 net interest revenue, which fell to $2.29 billion from $2.54 billion.
A decrease in net interest revenue indicates that the company's core business operations may be underperforming. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100