FINWIRES · TerminalLIVE
FINWIRES

儘管客戶資產成長,嘉信理財第一季營收仍未達預期

-- 儘管營收低於華爾街預期,嘉信理財(Charles Schwab,股票代號:SCHW)第一季業績仍同比增長,這主要得益於客戶資產的激增。 截至3月的第一季,經調整後的每股盈餘從去年同期的1.04美元增至1.43美元,超過了FactSet調查的1.40美元的預期。營收成長16%至64.8億美元,高於分析師預期的65億美元。 這家金融服務提供商的股價盤中下跌4.8%,年初至今已下跌4.5%。 財務長 Mike Verdeschi(Mike Verdeschi)在財報電話會議上表示:「年初時,客戶現金流遵循了典型的季節性趨勢。然而,隨著本季度後半段市場波動加劇,客戶採取了更為保守的策略。」客戶資產同比增長19%,達到11.768萬億美元,該公司在330萬個季度新增了130萬個季度經紀帳戶。這使得活躍經紀帳戶數量增加了6%,達到3,910萬個。 「客戶繼續將更多財務需求委託給我們,助力財富管理和銀行解決方案在第一季創下歷史新高,」執行長里克·伍斯特在一份聲明中表示。 淨新增資產從去年同期的1,324億美元飆升至1,399億美元。 淨利息收入成長16%至31.4億美元。公司表示,資產管理和行政費用增加15%至17.6億美元,交易收入成長20%。 嘉信理財執行長維德斯基告訴分析師,嘉信理財的每股盈餘預期高於1月預測的5.70美元至5.80美元區間。 「對於第二季度,我們仍然預計由於4月份的稅款繳納,客戶現金將出現典型的下降。與往年類似,我們預計這一活動將影響交易自動清算現金以及其他流動性現金替代方案,例如貨幣市場基金,」維德斯基表示。 「除了季節性因素外,持續的市場波動也可能影響客戶現金。」分配。 」 嘉信理財在另一份聲明中表示,即將向對比特幣和以太坊現貨交易有興趣的零售客戶提供嘉信加密貨幣交易平台(Schwab Crypto)。該公司最終計劃在該平台上添加更多加密貨幣。

Price: $94.55, Change: $-5.72, Percent Change: -5.70%

Related Articles

Research

Research Alert: CFRA Keeps Hold Opinion On Shares Of Otis Worldwide Corporation

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We cut our 12-month target to $90 from $100 following Q1 earnings, valuing OTIS shares at 19.6x our 2027 EPS outlook of $4.58 (down from $4.70; 2026 EPS view updated to $4.18 from $4.25), a modest discount to industrial machinery peers' and OTIS's five-year forward multiple average given unclear timing of ongoing margin headwinds. Service margins were disappointing in Q1 (contracting 160 bps to 23%) amid higher labor and material costs that came in above pricing. Weakness in China has yet to stabilize, though as noted in the past, this represents a shrinking area of OTIS's portfolio and will have a more limited effect going forward. Overall, the latest quarter was more of the same (China weakness/New Equipment decline), though with the added concern of margin quality being pressured within Service - the core profit driver for OTIS overall. While efforts to shore up profitability are underway, we see timing of recovery being uncertain.

$OTIS
Asia Markets

Saudi Shares Start Week Higher; US-Iran Peace Talks Canceled

The Tadawul All Share Index closed Sunday 0.11% higher as investors assessed the latest updates regarding the conflict in the Middle East.US President Donald Trump said on his Truth Social account that the Pakistani trip for his envoys, Steve Witkoff and Jared Kushner, was canceled. The announcement dimmed the hopes for peace talks between Iran and the US to happen any time soon.Further to this, Israel launched an attack in Lebanon on April 25. The strikes, which targeted Hezbollah, resulted in four casualties and facility damage in Southern Lebanon.Back at home, Rabigh Refining and Petrochemical (SASE:2380), d/b/a Petro Rabigh, and Thob Al Aseel (SASE:4012) posted their financial results for the three months ended March 31. Petro Rabigh emerged from a loss in the first quarter, while Thob Al Aseel logged a higher net profit and revenue."The reason for net profit reported during the current quarter compared to a net loss recorded in the same quarter of last year was primarily attributable to improved product margins resulting from stronger refined product pricing and higher sales volumes," Petro Rabigh said in its report.Petro Rabigh rose 10% at closing, while Thob Al Aseel ticked down 1.59%.Meanwhile, the local calendar will be mostly empty except for the kingdom's preliminary figures for its GDP growth rate for the first quarter and the M3 money supply and private bank lending data for March on Thursday.

$^TASI$SASE:2380$SASE:4012
Research

Research Alert: CFRA Maintains Hold Rating On Shares Of United Rentals Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our 12-month target price to $1,100 from $950 following a strong first quarter, valuing shares at 20.5x our 2027 EPS outlook of $54.28 (in line with previous estimate; 2026 EPS also in line). We believe a higher multiple is justified given URI's firming market leadership within an expanding rental equipment industry. A robust Q1 beat enabled URI to raise its full-year revenue guidance to $16.9B-$17.4B and adjusted EBITDA to $7.625B-$7.875B, citing momentum heading into a busy season. With leverage well below historical levels, we believe accretive M&A deals could serve as a potential catalyst for additional guidance increases. Margin compression has been a sticky issue for URI, but Q1 indicated that pricing may have turned around and that headwinds are starting to ease as quarterly results begin to lap when tariff-related inflation began to pick-up. We remain cautious on margins, though are encouraged by signs of stabilization. New project activity is likely supporting pricing trends, in our view.

$URI