Schwab Q1 net income $1.6B (+14%); diluted EPS $0.83 GAAP, $0.93 adj.

SCHWAB CHARLES CORP

2023-Q1 EPS reported $0.83 revenue$5,116,000,000

Net income $1.6B, up 14% YoY; diluted EPS $0.83 GAAP, up 24%.
Net revenues $5.116B, up 10% YoY.
GAAP pre-tax margin 41.2%; adjusted 45.8%.
Organic asset growth exceeded 7%; annualized RoTCE 83%.
Adjusted EPS $0.93, up 21% YoY.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.97

SCHWAB CHARLES CORP reported the quarter ended March 31, 2023 results: revenue $ 5,116, net income $ 1,603, EPS .83.

Period: the quarter ended March 31, 2023
Revenue: $ 5,116
Net income: $ 1,603
EPS: .83
Result: reported results

Exact text from the filing

was $1.6 billion, up 14% from $1.4 billion for the first quarter of 2022. Three Months Ended March 31, % Financial Highlights (1) 2023 2022 Change Net revenues (in millions) $ 5,116 $ 4,672 10% Net income (in millions) GAAP $ 1,603 $ 1,402 14% Adjusted (1) $ 1,780 $ 1,591 12% Diluted earnings per common share GAAP $ .83 $ .67 24% Adjusted (1) $ .93 $ .77 21%

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3 earnings releases filed in the last 30 days. Browse all earnings releases →

SCHWAB CHARLES CORP filing history →

Source: SEC EDGAR

accession 0000316709-23-000022

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