What Analysts Suggest after Charles Schwab’s 3Q17 Earnings
Charles Schwab (SCHW) is being analyzed by 19 analysts in October 2017. Eight of them have given it a “strong buy” rating, and five have rated it a “hold.”
Charles Schwab (SCHW) has a PB (price-to-book) ratio of 3.20x on a next 12-month (or NTM) basis. Its competitors’ average PB ratio on an NTM basis is 1.13x.
In 3Q17, Charles Schwab (SCHW) incurred total expenses (excluding interest) of $1.2 billion compared to $1.1 billion in 3Q16, reflecting a 9.0% rise.
In 3Q17, Charles Schwab (SCHW) generated total net revenues of $2.2 billion compared to $1.9 billion in 3Q16, reflecting a 13.0% rise.
Charles Schwab (SCHW) reported EPS (earnings per share) of $0.42 in 3Q17, thus beating Wall Street analysts’ estimate of $0.41.
Of the 15 analysts covering E*TRADE Financial (ETFC) in October 2017, seven analysts gave a “strong buy” rating on the stock, and four analysts gave “buy” recommendations.
E*TRADE Financial Corporation (ETFC) has a price-to-earnings ratio of ~21.0x on a trailing-12-month (or TTM) basis.
E*TRADE reported deposits of ~$40.1 billion on June 30, 2017, compared to ~$31.7 billion on December 31, 2016, reflecting a 26% rise.
E*TRADE Financial’s return on equity was ~9.7% over the last 12 months.
E*TRADE Financial generated an ~1.1% return on its assets over the last 12 months.
E*TRADE Financial (ETFC) reported total net revenues of ~$1.1 billion in 1H17 compared to $946.0 million in 1H16, reflecting a 19% increase.
Brokerage giant (XLF) TD Ameritrade (AMTD) is covered by 14 analysts. Five of those analysts have rated the stock a “strong buy.”
Wall Street analysts have given AMTD stock a one-year price target of $48.50, which reflects a 12.9% rise from its current price.
In fiscal 2017, TD Ameritrade Holding (AMTD) is expected to declare total dividends of $0.72 per share, which reflects a rise of 5.9% from fiscal 2016.
In fiscal 3Q17, TD Ameritrade Holding (AMTD) incurred employee compensation and benefits-related expenses of $234.0 million compared to $209.0 million in fiscal 3Q16.
TD Ameritrade Holding (AMTD) saw an increase in its total operating expenses for fiscal 3Q17 compared to fiscal 3Q16.
TD Ameritrade Holding (AMTD) witnessed a substantial rise in its investment product fee-related revenues in fiscal 3Q17 compared to fiscal 3Q16.
TD Ameritrade Holding’s (AMTD) net revenues rose from $838.0 million in fiscal 3Q16 to $931.0 million in fiscal 3Q17.
TD Ameritrade Holding (AMTD) has reported EPS (earnings per share) of $0.44 for fiscal 3Q17, thus beating analysts’ estimate of $0.41. The beat was mainly due to strong trading volumes.
Of the 14 analysts that cover E*TRADE (ETFC), five analysts rated the stock as a “hold,” and six analysts gave a “strong buy” rating on the stock.