Driven by steepening of the yield curve, solid economic revival and opportunistic acquisitions over the past year, Charles Schwab ( SCHW - Free Report ) is likely to witness solid growth. However, steadily rising operating expenses and margin pressure remain concerns. Over the past year, Schwab has been on an acquisition spree. The buyouts of TD Ameritrade, USAA's Investment Management Company, Wasmer, Schroeder & Company, LLC and the acquisition of Motif's technology and intellectual property are likely to further strengthen the company's position in the brokerage industry and help diversify revenues. Driven by strong liquidity position, Schwab is well poised to expand through inorganic initiatives. The company's revenue growth is impressive. Schwab's revenues witnessed a compounded annual growth rate (CAGR) of 11.8% over the last five years (ended 2020).