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Business Wire
5 days ago
- Business
- Business Wire
Charles Schwab Discloses Results of the Federal Reserve's 2025 Comprehensive Capital Analysis and Review
WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation (CSC or Schwab) announced today that it has received the results of the Federal Reserve's 2025 Comprehensive Capital Analysis and Review (CCAR). These results included the Federal Reserve's estimate of Schwab's minimum capital ratios under the supervisory severely adverse scenario for the nine-quarter horizon beginning December 31, 2024 and ending March 31, 2027. Based on these results, Schwab's calculated stress capital buffer (SCB) remains well below the 2.5% minimum, resulting in a SCB at that floor. This 2.5% SCB will continue to be applicable to Schwab for the four-quarter period beginning October 1, 2025. Schwab's Common Equity Tier 1 (CET1) ratio of 32% as of March 31, 2025 was well in excess of the regulatory minimum of 4.5% combined with the SCB of 2.5% due to the relatively low risk nature of our balance sheet assets. Schwab ended the first quarter of 2025 with a consolidated adjusted Tier 1 Leverage Ratio of 7.13%, up from 6.85% at year-end 2024. This consolidated adjusted Tier 1 Leverage Ratio is above the long-term operating objective for CSC of 6.75% to 7.00%. CFO Mike Verdeschi commented, 'Schwab's CCAR stress test results reinforce the strength of our capital position and durability of our diversified model across a range of environments. The firm will continue to prioritize maintaining capital levels to support the evolving needs of our clients as well as long-term franchise growth – while at the same time seeking to enhance through-the-cycle stockholder value via the opportunistic return of capital in multiple forms.' Forward-looking Statements This press release contains forward-looking statements relating to the company's business results, capital ratios, balance sheet management and capital return. These forward-looking statements reflect management's expectations as of the date hereof. Achievement of these expectations and objectives is subject to risks and uncertainties that could cause actual results to differ materially from the expressed expectations. Important factors that may cause such differences are described in the company's most recent reports on Form 10-K and Form 10-Q, which have been filed with the Securities and Exchange Commission and are available on the company's website ( and on the Securities and Exchange Commission's website ( The company makes no commitment to update any forward-looking statements. About Charles Schwab The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with 37.4 million active brokerage accounts, 5.6 million workplace plan participant accounts, 2.1 million banking accounts, and $10.35 trillion in client assets as of May 31, 2025. Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, and its affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent, fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services. Its primary banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at
Globe and Mail
30-04-2025
- Business
- Globe and Mail
Barclays' Q1 Earnings Increase on Solid IB, Stock Dips 1.6%
Barclays BCS reported first-quarter 2025 net income attributable to ordinary equity holders of £1.9 billion ($2.35 billion), up 20.3% from the prior year quarter. Despite a robust quarterly performance, Barclays shares are down 1.6% in pre-market trading. Inflation and tariff uncertainties seem to be weighing on investor sentiment. An increase in revenues, driven by solid investment banking (IB) performance, and a solid balance sheet supported the results. However, the company recorded a rise in credit impairment charges and operating expenses in the quarter. Barclays's Revenues Rise, Expenses Increase Total income was £7.71 billion ($9.71 billion), up 10.9% year over year. Operating expenses (excluding litigation and conduct costs) of £4.26 billion ($5.36 billion) increased 6.5%. The cost-to-income ratio was 57%, down from 60% in the year-ago period. In the reported quarter, Barclays recorded credit impairment charges of £643 million ($809.5 million), up 25.3% year over year. Pre-tax income was £2.72 billion ($3.42 billion), up 19.4% from the prior-year quarter. BCS' Balance Sheet Solid Total assets, as of March 31, 2025, were £1,593.5 billion ($2,061.1 billion), up 5% from the prior quarter. Total risk-weighted assets fell 1.9% from the Dec. 31, 2024 level to £351.3 billion ($454.4 billion) as of March 31, 2025. As of March 31, 2025, the Common Equity Tier 1 (CET1) ratio was 13.9% compared with 13.5% as of March 31, 2024. Our View on Barclays Given Barclays' restructuring and business-simplification efforts, its operating efficiency is expected to improve in the quarters ahead. The company's cost-saving efforts will likely keep aiding financials. Yet, uncertainties regarding the performance of capital markets businesses and a persistent rise in credit impairment charges are concerns. Nonetheless, a solid balance sheet and buyouts are expected to aid revenue growth. Currently, Barclays carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Performance of Barclays' Peers HSBC Holdings HSBC reported first-quarter 2025 pre-tax profit of $9.48 billion, which declined 25% from the prior-year quarter. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) HSBC's results were affected by a fall in revenues, higher expected credit losses, and other credit impairment charges, partially offset by a fall in expenses. Deutsche Bank DB reported first-quarter 2025 earnings attributable to its shareholders of €1.78 billion ($2.01 billion), up 39.2% year over year. DB's results were aided by a rise in revenues and lower expenses. However, higher provision for credit losses was a spoilsport. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators, and more, that closed 256 positions with double- and triple-digit gains in 2024 alone. See Stocks Now >> Barclays PLC (BCS): Free Stock Analysis Report HSBC Holdings plc (HSBC): Free Stock Analysis Report
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Business Standard
28-04-2025
- Business
- Business Standard
RBL Bank shares rally 6% after Q4 results; Key earnings highlights here
Shares of RBL Bank surged over 6 per cent on Monday even after the lender posted a profit decline of 81 per cent on a year-on-year (Y-o-Y) basis in the March quarter of the previous financial year. The bank posted an improvement in its asset quality in the quarter under review. RBL Bank stock rose as much as 6.54 per cent during the day to ₹200.4 per share, the biggest intraday gain since December 4, 2024. The stock pared gains to trade 5.7 per cent higher at ₹198.8 apiece, compared to a 0.88 per cent advance in Nifty50 as of 10:42 AM. The lender's scrip has risen by over 20 per cent from its recent lows of ₹164, which it hit early this month. The stock has risen 27 per cent this year, compared to a 2.3 per cent advance in the benchmark Nifty50. RBL Bank has a total market capitalisation of ₹12,202.18 crore. The bank's profit fell by 81 per cent Y-o-Y to ₹69 crore for the fourth quarter ended March 2025, primarily due to a decline in net interest margin (NIM) and an increase in bad loan provisions. For the full year, the Mumbai-based bank reported a 40 per cent drop in net profit for FY25, which stood at ₹695 crore, down from ₹1,168 crore in FY24. In Q4FY25, the bank's net interest income (NII) decreased by 2 per cent to ₹1,563 crore, compared to ₹1,600 crore in the same quarter of FY24. The NIM also contracted to 4.89 per cent in Q4FY25, from 5.45 per cent in Q4FY24. On a positive note, non-interest income, including fees, commissions, and treasury earnings, grew by 14 per cent to ₹1,000 crore in Q4FY25, up from ₹875 crore in Q4FY24. RBL Bank's capital adequacy ratio (CAR) stood at 17.38 per cent with Common Equity Tier-I (CET1) at 12.5 per cent as at the end of March 2025. Advances grew 10 per cent Y-o-Y to ₹92,618 crore at the end of March 2025. Total deposits increased 7.0 per cent Y-o-Y to ₹1.10 trillion. RBL Bank provisions and NPAs: The lender's provisions and contingencies rose sharply to ₹785.14 crore in Q4FY25 from ₹413.79 crore in the year-ago period. RBL Bank's gross GNPA ratio declined to 2.6 per cent in Q4 from 2.65 per cent a year ago. The net NPA ratio also declined to 0.29 per cent in March 2025 from 0.74 per cent in Q4FY24. The provision coverage ratio, including write-offs, stood at 96.4 per cent in March 2025 compared to 89.8 per cent a year ago. Analysts rating: According to Bloomberg data, 12 of the 21 analysts covering the stock have given it a 'buy' rating, two recommend a 'hold,' and seven have issued a 'sell' call on the lender. The consensus target price of analysts tracked by Bloomberg indicates an upside downside of 3.4 per cent for the stock.
Hi Dubai
25-04-2025
- Business
- Hi Dubai
Dubai Islamic Bank Posts AED 2.1 Billion Profit as Earnings, Deposits Climb
Dubai Islamic Bank (DIB) reported a strong start to 2025 with a group pre-tax profit of AED 2.1 billion for the first quarter, marking a 14% year-on-year increase. The rise was fueled by growth in high-quality earning assets and a solid boost in customer deposits. Operating revenues rose 5% year-on-year to AED 3.15 billion, while post-tax net profit reached AED 1.8 billion, up 8% from the same period last year. The bank's total assets grew by 3% year-to-date, reaching AED 355 billion. DIB's net financing and sukuk investments increased to AED 307 billion, with net financing alone growing nearly 5% to AED 223 billion. Customer deposits saw a significant rise, climbing over 7% to AED 265 billion, reinforcing the bank's liquidity and lending capacity. Capital strength remained solid, with a Common Equity Tier 1 (CET1) ratio of 13.4% and a Capital Adequacy Ratio (CAR) of 17.3%, both comfortably above regulatory thresholds. The results highlight DIB's continued resilience and strategic focus as it expands its role in shaping the global Islamic finance landscape. News Source: Emirates News Agency
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Business Standard
24-04-2025
- Business
- Business Standard
Axis Bank Q4 results: Net profit remains flat at ₹7,118 crore, NII up 6%
Axis Bank reported net profit of ₹7,118 crore in the fourth quarter of FY25, aided by a 10 per cent quarter-on-quarter rise in current account and savings account deposits and a 7 per cent increase in total deposits. The bank had reported ₹7,130 crore net profit in the fourth quarter of FY24. Net interest income in the fourth quarter of FY25 rose 6 per cent to ₹13,811 crore, which was ₹13,089 crore in the fourth quarter of the previous financial year. The Net Interest Margin improved by four basis points quarter-on-quarter (Q-o-Q) to 3.97 per cent (and stood at 3.98 per cent for the full year). The gross non-performing assets(GNPA) declined to 1.28 per cent in the Q4 of FY25, while the bank had reported 1.43 per cent GNPA in the corresponding quarter of the previous financial year. Fee income grew by 12 per cent year-on-year (Y-o-Y) and 16 per cent quarter-on-quarter for Q4 FY25, with retail fee income up 22 per cent quarter-on-quarter and granular fees accounting for 94 per cent of total fees. Meanwhile, the core operating profit rose by 5 per cent quarter-on-quarter. On a year-on-year basis, total deposits of the bank increased by 10 per cent. Term deposits were up 14 per cent on both year-on-year and quarter-on-quarter bases. Also Read Net advances grew by 8 per cent year-on-year and 3 per cent quarter-on-quarter, while the retail loans were up 7 per cent year-on-year and 3 per cent quarter-on-quarter. The bank's loan book for the small-and-medium-enterprise increased by 14 per cent Y-o-Y, and 4 per cent Q-o-Q. On the corporate loans front, the bank registered 8 per cent Y-o-Y rise. The overall Capital Adequacy Ratio stood at 17.07 per cent, with a Common Equity Tier-1 ratio of 14.67 per cent, reflecting net accretion of 93 basis points for the year and 6 basis points during the quarter. The bank maintained a strong position in the Unified Payments Interface payer Payment Service Provider space front with about 32 per cent market share by UPI volumes. For FY25, operating expense growth moderated to 6.5 per cent, while the operating profit rose by 13 per cent to ₹42,104 crores, Profit After Tax reached ₹26,373 crores (up 6 per cent Y-o-Y), and consolidated return on assets and return on equity were 1.77 per cent and 16.89 per cent, respectively.
