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Factors Driving Performance for E*TRADE and Charles Schwab

Factors Driving Performance for E*TRADE and Charles Schwab

Charles Schwab (SCHW) has witnessed an increasing trend in its net interest income during the past few quarters. The Federal Reserve’s decision regarding interest rates is the primary factor responsible for the growth in brokerages’ net interest income. Moving forward, this momentum is expected to continue due to the rising interest rate environment.