Charles Schwab Q3 2026 adjusted EPS tops estimate
Updated
Summary
Charles Schwab reported Q3 2026 adjusted EPS of $1.69, above the $1.65 estimate; revenue was $7.17 billion, in line with estimate.
Why it matters
Net interest revenue was $3.48 billion, below the $3.52 billion estimate, while total net new assets were $192.4 billion, above the $175.06 billion estimate.
Total client assets were $13.33 trillion, below estimate; bank deposits were $244.1 billion, below estimate. Daily average trades were 10.69 million, above estimate, while new brokerage accounts were 1.24 million, below estimate.