In slides for the company’s Fall Business Update, Charles Schwab states: “Utilizing the recent September Federal Reserve Dot Plot, we anticipate full-year 2024 revenue to grow by 2% to 3% versus the prior year.” The company adds: “Full-year adjusted expenses are still expected to grow by about 2% year-over-year, reflecting certain aforementioned items such as the increase in the exchange processing fee rate, incremental FDIC special assessment, and other one-time accruals.” FY24 revenue estimate is $19.19B.
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