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    David Schwab

    Managing Director and Senior Research Analyst at Citizens JMP Securities

    David Schwab is a Managing Director and Senior Research Analyst at Citizens JMP Securities, specializing in financial services coverage with a focus on major companies such as Charles Schwab. He has delivered strong performance metrics, with sources indicating success rates near 71% and average returns approaching 33% on stock recommendations over the past year. Schwab began his career in equity research in the early 2000s, holding research positions at both large and boutique investment firms before joining Citizens JMP Securities, where he is recognized for his depth of expertise and industry insight. Schwab is FINRA registered with Series 7, 63, 86, and 87 licenses, underscoring his professional qualifications in equities research and analysis.

    David Schwab's questions to International Money Express (IMXI) leadership

    David Schwab's questions to International Money Express (IMXI) leadership • Q3 2024

    Question

    Speaking on behalf of David Schwab, an analyst sought clarification on whether the sub-10% digital share refers to the send-side and asked for insights on trends in the Mexican market, particularly with currency volatility.

    Answer

    CEO Robert Lisy confirmed the sub-10% digital share is for the send-side (origination), noting the digital share would be much higher (around 30%) if the payout side were included. Regarding Mexico, Lisy explained that a weaker peso typically incentivizes more wire transfers. He also mentioned that lower U.S. interest rates could boost the housing industry, where many customers work, further supporting remittance volumes.

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