The Charles Schwab Corporation (SCHW) Projects Strong Net Interest Income Growth

The Charles Schwab Corporation (NYSE:SCHW) ranks among the best spring stocks to buy right now. On January 22, Truist Securities boosted its price target for The Charles Schwab Corporation (NYSE:SCHW) to $122 from $120, while maintaining a Buy rating on the company’s shares. The revision came in tandem with Truist raising its Charles Schwab expectations owing to increased net interest income (NII), which is somewhat offset by higher projected expenses.

For 2026, Truist now projects expense growth of 5.9% year-over-year, which, on an adjusted basis, is in line with the midpoint of Charles Schwab’s estimate range of 5.5–6.5%. The updated adjusted pretax margin estimate of 52% corresponds to the company’s estimated “low 50s range” for 2026.

Additionally, Truist projects $8.25 billion in share buybacks for the year, reflecting around 4.6% of market capitalization.

The Charles Schwab Corporation (NYSE:SCHW) is a savings and loan holding company that engages in securities brokerage, wealth management, custody, asset management, and financial advisory services.

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