earnings
confidence high
sentiment positive
materiality 0.85
Charles Schwab Q2 net revenues rise 13% to $5.09B; GAAP EPS $0.87, adjusted $0.97
SCHWAB CHARLES CORP
2022-Q2 EPS reported
$1.54
revenue$9,765,000,000
- Net revenues $5.09B (+13% YoY); GAAP net income record $1.79B (+42% YoY); diluted EPS $0.87 ($0.59 prior year).
- Adjusted net income $1.98B (+34%); adjusted EPS $0.97 ($0.70 prior year); adjusted pre-tax margin 49.5%.
- Six-month net revenues $9.77B (+6% YoY); net income $3.20B (+16%); diluted EPS $1.54.
- Q2 included $94M acquisition integration costs and $154M amortization of acquired intangibles.
- Prior year Q2 included $200M charge for settled regulatory matter.