Charles Schwab Reports Q3 Profit of $2.811 Billion
Charles Schwab reported third-quarter earnings of $2.811 billion, or $1.62 per share, compared with $2.277 billion, or $1.26 per share, a year earlier.
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Charles Schwab reported third-quarter earnings of $2.811 billion, or $1.62 per share, compared with $2.277 billion, or $1.26 per share, a year earlier.
Net Revenue: $7.17B (est $7.17B) - Net Interest Revenue: $3.48B (est $3.52B) - Total Net New Assets: $192.4B (est $175.06B) - Total Client Assets: $13.33T (est $13.38T) - Bank Deposits: $244.1B (est $250.73B) - Daily Average Trades: 10.69M (est 10.51M) - New Brokerage Accounts: 1.24M (est 1.27M) - Delivers Record Net N
(This story was generated using AI and automation, please see disclaimer ) Overview US financial services firm's Q3 revenue rose 17% yr/yr, slightly missing analyst expectations Adjusted EPS for Q3 rose 29% and beat analyst expectations Company repurchased $0.5 bln in stock during the quarter Outlook Company did not pr
For best results when printing this announcement, please click on link below: Schwab Delivers Record Net New Assets & Earnings Record Quarterly Core Net New Assets of $190.4 Billion, Up 38% Year-Over-Year 3Q Net Revenues Reached a Record $7.2 Billion, Up 17% Year-Over-Year Record GAAP Earnings Per Share of $1.62; $1.69
Charles Schwab is scheduled to report Q3'26 results on October 15 before the market opens. Revenue is estimated at 7.18 billion, with EPS anticipated at 1.66.
Charles Schwab is scheduled to announce its quarterly results on October 15 before market open, with the earnings expected at 7:30 AM ET. The provided estimate references revenue and EPS for the quarter.