earnings
confidence high
sentiment positive
materiality 0.85
Schwab Q2 2025: record EPS $1.08, revenue $5.85B (+25% YoY), client assets $10.76T
SCHWAB CHARLES CORP
2025-Q2 EPS reported
$2.07
revenue$11,450,000,000
- GAAP net income $2.1B, diluted EPS $1.08; adjusted EPS $1.14, up 56% YoY.
- Core net new assets $80.3B (+31% YoY); 1.1 million new brokerage accounts opened.
- Total client assets hit record $10.76 trillion, up 14% YoY.
- Returned ~$2.8B excess capital: $2.5B preferred equity redemption + $350M common stock buyback.
- Bank supplemental funding reduced by $10.4B to $27.7B; sweep cash $412.1B at quarter-end.