Crypto StrategySCHW's crypto aspirations are perceived as limited, which may hinder its ability to attract users from competitors like HOOD or crypto-native digital exchanges.
Expense ManagementExpenses came in higher at $3.114B, driven by professional services, compensation, and other factors.
Organic Growth TrajectoryThe current backdrop offers limited upside to NNAs and stronger retail engagement from here, making the prospects less favorable.