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Charles Schwab Reports 44% Growth in Core Net New Assets

Charles Schwab sees impressive performance with a 44% year-over-year increase in core net new assets. The growth in client accounts and daily trades highlights a positive trend for investors.

Date: 
AI Rating:   7
Performance Overview
According to the report, Charles Schwab Corporation (SCHW) displayed notable growth in core net new assets, which reached $48.0 billion, signifying a substantial 44% increase year-over-year. Such growth can enhance investor confidence and drive stock prices upwards.

Client Assets and Market Activity
Total client assets rose to $10.28 trillion, marking a 16% increase from February 2024. However, there was a slight decline of 1% from January 2025, indicating some volatility in the short term. The net new brokerage accounts reached 362,000, which is particularly important as it represents the 15th consecutive month with over 300,000 new openings. This trend points towards strong customer acquisition and retention, which can positively influence stock performance.

Trading Activity
The report also highlights a 1% month-over-month increase in daily average trades, reaching 7.45 million. This reflects strong interest in equity securities, which could indicate a favorable market sentiment. Furthermore, the transactional sweep cash increased by $4.7 billion to $404.3 billion at the end of February. This growth in trading volume suggests an active client base and liquidity, potentially leading to better profitability for the company.

In summary, while the slight decrease in total client assets from the previous month may raise some concerns, the overall growth in key metrics like core net new assets and brokerage accounts presents a strong case for positive investment sentiment towards SCHW.
Stocks:  SCHW