Schwab reports record third-quarter revenue and adjusted EPS
Filed with the SEC on · Summarized by InvestorsBot
Charles Schwab reported third-quarter 2026 net revenue of $7.17 billion and GAAP net income of $2.91 billion, or $1.62 per diluted share, for the period ended September 30; adjusted EPS was $1.69 after excluding $151 million of pre-tax transaction-related costs. Core net new assets reached $190.4 billion, client assets rose 15% year over year to $13.33 trillion, and the company repurchased $0.5 billion of stock during the quarter.