The Charles Schwab Corporation delivered robust Q3 results, with 18% top-line and 29% EPS growth, despite a slight revenue miss. SCHW's strong net new assets ($190B) and 1.2M new accounts highlight durable momentum and wide competitive moats. Management expects continued net interest margin expansion and operating leverage, supporting long-term compounding potential.
The Charles Schwab Corporation (SCHW) Discusses Client Growth, Strategic Positioning, and Record Financial Performance Transcript
Charles Schwab NYSE: SCHW said its third-quarter results reached record levels as client account growth, net new assets, lending demand and trading activity supported higher revenue and earnings. The company also outlined new artificial-intelligence initiatives, expanded trading products and plans to broaden its offerings in prediction markets and long/short strategies.
Although the revenue and EPS for Charles Schwab (SCHW) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
The Charles Schwab Corporation (SCHW) came out with quarterly earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.66 per share. This compares to earnings of $1.31 per share a year ago.
Charles Schwab Corp (NYSE:SCHW), the US financial services and brokerage firm, reported record third-quarter revenue of $7.17 billion as net income rose 23% to $2.91 billion, supported by stronger client asset inflows, lending and interest income. Revenue increased 17% year on year in the three months to September, while diluted earnings per share rose 29% to $1.62 from $1.26 a year earlier.
Charles Schwab (SCHW) is well-positioned to benefit from AI-driven productivity gains, particularly in back-office cost savings and process automation. SCHW's large employee base and paperwork-heavy processes offer significant opportunities for AI to enhance efficiency and margins over time. Demand for SCHW's financial advisory services should remain robust, as human expertise and trust continue to be valued over AI-only solutions.
Besides Wall Street's top-and-bottom-line estimates for Charles Schwab (SCHW), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2026.
Charles Schwab (SCHW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Schwab's Forge Trust sale to Alto streamlines its private market operations while preserving exposure through Forge Global and a broader growth opportunity.
Charles Schwab (SCHW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Schwab's record $64.8 billion in August core net new assets and $13.41 trillion in client assets highlight strong momentum across its platform.