The Charles Schwab Corporation (SCHW)
The company now
Schwab reported record third-quarter 2026 results on 15 October, with net revenues of $7.2 billion, up 17 percent from a year earlier 1. Net income was $2.9 billion, or $1.62 a share, up 29 percent per share 1.
Clients brought in a record $190.4 billion of core net new assets, new client money not counting market gains, up 38 percent from the year before 1. Total client assets reached $13.33 trillion 1. Clients opened 1.2 million new brokerage accounts, bringing the total to 48.6 million client accounts 1.
The company says the growth came from several sources at once 1. Asset management and administration fees grew 14 percent to $1.9 billion, trading revenue rose 16 percent to $1.2 billion, and daily average trading volume was 10.7 million, up 44 percent 1. Bank loan balances reached $72.3 billion, up 35 percent 1.
On 2 March 2026 Schwab completed its purchase of Forge Global, a marketplace for shares of private companies, and said Forge will keep operating its business 3. The same release lists a partnership with Anthropic and plans to widen the digital assets offered in Schwab Crypto 1. Whether those projects add to revenue is not yet on file 1.
As of Oct 30, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.