{"schema_version":"secwatch.filing_event.v1","accession":"0000316709-23-000033","form_type":"8-K","ticker":"SCHW","cik":"0000316709","company_name":"SCHWAB CHARLES CORP","filed_at":"2023-07-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.243303+00:00","generated_at":"2026-06-13T07:18:57.870155+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Schwab Q2 net income $1.3B (-28% YoY); GAAP EPS $0.64, adjusted $0.75; total client assets >$8T","bullets":["Net revenue $4.656B (-9% YoY); GAAP net income $1.294B (-28%); diluted GAAP EPS $0.64 (-26%).","Adjusted net income $1.494B (-25%); adjusted diluted EPS $0.75 (-23%); adjusted pre-tax margin 42.0%.","Total client assets exceeded $8 trillion; GAAP pre-tax margin 36.3% vs 44.6% a year ago.","Return on average common equity 17% annualized; return on tangible common equity 62% annualized."],"urls":{"canonical":"https://secwatch.observer/filing/0000316709-23-000033","json":"https://secwatch.observer/filing/0000316709-23-000033.json","markdown":"https://secwatch.observer/filing/0000316709-23-000033.md","text":"https://secwatch.observer/filing/0000316709-23-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/316709/000031670923000033/0000316709-23-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/316709/000031670923000033/schw-20230718.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T07:18:57.870155+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"313535e54fde9ca1201d3677087b808190f5b3a6","claim":"SCHWAB CHARLES CORP reported the six months ended June 30, 2023 results: revenue $ 9,772, net income $ 2,897, EPS $ 1.48.","evidence_excerpt":"period. Three Months Ended June 30, % Six Months Ended June 30, % Financial Highlights (1) 2023 2022 Change 2023 2022 Change Net revenues (in millions) $ 4,656 $ 5,093 (9)% $ 9,772 $ 9,765 — Net income (in millions) GAAP $ 1,294 $ 1,793 (28)% $ 2,897 $ 3,195 (9)% Adjusted (1) $ 1,494 $ 1,981 (25)% $ 3,274 $ 3,572 (8)% Diluted earnings per common share GAAP $","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/316709/000031670923000033/0000316709-23-000033-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the six months ended June 30, 2023"},{"label":"Revenue","value":"$ 9,772"},{"label":"Net income","value":"$ 2,897"},{"label":"EPS","value":"$ 1.48"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"47c1cfa02ca82e59ba7caa4af3c69b72d9112da7","claim":"SCHWAB CHARLES CORP reported the quarter ended June 30, 2023 results: revenue $ 4,656, net income $ 1,294, EPS $ .64.","evidence_excerpt":"for the year-earlier period. Three Months Ended June 30, % Six Months Ended June 30, % Financial Highlights (1) 2023 2022 Change 2023 2022 Change Net revenues (in millions) $ 4,656 $ 5,093 (9)% $ 9,772 $ 9,765 — Net income (in millions) GAAP $ 1,294 $ 1,793 (28)% $ 2,897 $ 3,195 (9)% Adjusted (1) $ 1,494 $ 1,981 (25)% $ 3,274 $ 3,572 (8)% Diluted earnings","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/316709/000031670923000033/0000316709-23-000033-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$ 4,656"},{"label":"Net income","value":"$ 1,294"},{"label":"EPS","value":"$ .64"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}