{"schema_version":"secwatch.filing_event.v1","accession":"0000316709-23-000047","form_type":"8-K","ticker":"SCHW","cik":"0000316709","company_name":"SCHWAB CHARLES CORP","filed_at":"2023-10-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.627041+00:00","generated_at":"2026-06-09T23:40:34.985758+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Schwab reports Q3 2023: GAAP EPS $0.56 (down 43%), revenues $4.6B (down 16%)","bullets":["GAAP net income $1.125B (down 44% YoY); adjusted net income $1.518B (down 31%).","Total net revenues $4.606B down 16% from $5.5B in Q3 2022.","Pre-tax profit margin GAAP 30.0% vs 48.7% a year ago.","Core net new assets in September exceeded $27 billion; bank sweep deposits grew.","Successfully completed largest brokerage conversion event in history."],"urls":{"canonical":"https://secwatch.observer/filing/0000316709-23-000047","json":"https://secwatch.observer/filing/0000316709-23-000047.json","markdown":"https://secwatch.observer/filing/0000316709-23-000047.md","text":"https://secwatch.observer/filing/0000316709-23-000047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/316709/000031670923000047/0000316709-23-000047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/316709/000031670923000047/schw-20231016.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T23:40:34.985758+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":"939bf781390441eec40752aee2d93057b31e645d","claim":"SCHWAB CHARLES CORP reported quarter ended September 30, 2023 results: net income $1.1 billion, EPS $.56.","evidence_excerpt":"The Charles Schwab Corporation announced today that its net income for the third quarter of 2023 was $1.1 billion compared with $2.0 billion for the third quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/316709/000031670923000047/0000316709-23-000047-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended September 30, 2023"},{"label":"Net income","value":"$1.1 billion"},{"label":"EPS","value":"$.56"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f4f05306e5fb59a58f85dfe42a2a2e10ffe788ed","claim":"SCHWAB CHARLES CORP reported the nine months ended September 30, 2023 results: net income $ 4.0 billion, EPS $ 2.03.","evidence_excerpt":"Net income for the nine months ended September 30, 2023 was $ 4.0 billion, compared with $5.2 billion for the year-earlier period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/316709/000031670923000047/0000316709-23-000047-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine months ended September 30, 2023"},{"label":"Net income","value":"$ 4.0 billion"},{"label":"EPS","value":"$ 2.03"},{"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"}