Is SCHW's Q1 2025 forecast achievable?

**Charles Schwab's Q1 2025 forecast is achievable**, based on the following points: 1. **Earnings Estimate Increase**: Zacks Research has raised its Q1 2025 earnings estimate for Charles Schwab to $0.95 per share, up from $0.94. This increase reflects confidence in the company's performance during the quarter. 2. **Strong Q4 Performance**: Schwab reported impressive Q4 results, with adjusted EPS surging 48.5% year-over-year to $1.01. This strong performance sets a positive tone for the upcoming quarter. 3. **Revenue Growth Expectations**: The company expects revenue to grow between 13% and 15% in 2025, with adjusted EPS in the range of $4.10 to $4.20. This growth trajectory supports the achievability of the Q1 2025 forecast. 4. **Net Interest Margin Expansion**: Schwab anticipates expanding its net interest margin to 2.80% by the end of 2025. This expansion, coupled with strong revenue growth, enhances the company's profitability and supports the achievability of its earnings forecast. 5. **Client Asset Growth**: The company has seen significant growth in net new assets, with a 44% year-over-year increase reported for February 2025. This growth in client assets typically translates to higher revenues for the company. 6. **Strategic Initiatives**: Schwab's integration of TD Ameritrade and its focus on organic growth under CEO Rick Wurster indicate a strategic direction that could lead to continued success. These initiatives are likely to contribute to the company's financial performance in Q1 2025 and beyond. In conclusion, based on the recent positive developments in Schwab's financial performance, growth expectations, and strategic initiatives, its Q1 2025 forecast appears achievable.