secwatch.observer — SEC 8-K summary
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Issuer:     SCHWAB CHARLES CORP (SCHW)
CIK:        0000316709
Form:       8-K
Filed at:   2022-10-17T23:59:59+00:00
Accession:  0000316709-22-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Schwab reports record Q3: revenue $5.5B (+20% YoY), net income $2.0B (+32%)
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- Record GAAP EPS of $0.99; adjusted EPS $1.10 (+31% YoY).
- Core net new assets of $115B, a 7% annualized growth rate.
- Net revenues $5.5B, up 20% YoY; net income $2.0B, up 32%.
- Pre-tax profit margin 48.7% GAAP (53.3% adjusted); return on tangible common equity 74%.
- Nine-month net revenues $15.3B, net income $5.2B, both up double-digits YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/316709/000031670922000032/0000316709-22-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/316709/000031670922000032/schw-20221017.htm
  HTML page:      https://secwatch.observer/filing/0000316709-22-000032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer