Crypto AspirationsSCHW'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.
Growth ChallengesAnalyst maintains an Underperform rating for Charles Schwab relative to other online brokers due to its softer organic growth trajectory despite future benefits from large share repurchases and securities portfolio reinvesting.