---
schema_version: "secwatch.filing_event.v1"
accession: "0000316709-24-000056"
form_type: "8-K"
ticker: "SCHW"
cik: "0000316709"
company_name: "SCHWAB CHARLES CORP"
filed_at: "2024-07-16T23:59:59+00:00"
generated_at: "2026-05-31T20:35:27.989212+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Schwab reports record $9.4T client assets; core net new assets up 17% to $61.2B in Q2

## Summary
- Net income $1.33B, diluted EPS $0.66 GAAP; adjusted EPS $0.73 (down 3% YoY).
- Total client assets record $9.41T (+17% YoY); core net new assets $61.2B (+17%).
- Net revenues $4.69B (+1% YoY); adjusted pre-tax margin 41.0%.
- Record asset management fees $1.4B; managed investing net flows $25B YTD (+56%).
- Accrued $43M for industry-wide regulatory review of off-channel communications.

## SEC filing metadata
- accession: 0000316709-24-000056
- form_type: 8-K
- ticker: SCHW
- cik: 0000316709
- company_name: SCHWAB CHARLES CORP
- filed_at: 2024-07-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/316709/000031670924000056/0000316709-24-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/316709/000031670924000056/schw-20240716.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000316709-24-000056
- JSON: https://secwatch.observer/filing/0000316709-24-000056.json
- Plain text: https://secwatch.observer/filing/0000316709-24-000056.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.