earnings
confidence high
sentiment positive
materiality 0.85
Schwab Q1 record revenue $5.6B (+18% YoY); GAAP EPS $.99, adjusted $1.04; core net new assets $137.7B
SCHWAB CHARLES CORP
2025-Q1 EPS reported
$0.99
revenue$5,599,000,000
- Net revenues of $5.599B, up 18% YoY; GAAP net income $1.909B (+40%), GAAP EPS $.99 (+46%).
- Adjusted net income $2.008B, adjusted EPS $1.04 (+41%); pre-tax profit margin 43.8% GAAP, 46.2% adjusted.
- Core net new assets of $137.7B for the quarter (44% YoY increase, 5.5% annualized growth); total client assets $9.93T.
- Quarterly common dividend raised 8%; $1.5B in common shares repurchased during Q1.
- Bank supplemental funding reduced to $38.1B at quarter-end, down 46% vs. 1Q24; margin balances flat at $83.6B.