secwatch.observer — SEC 8-K summary
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Issuer:     SCHWAB CHARLES CORP (SCHW)
CIK:        0000316709
Form:       8-K
Filed at:   2025-07-18T23:59:59+00:00
Accession:  0000316709-25-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Schwab Q2 2025: record EPS $1.08, revenue $5.85B (+25% YoY), client assets $10.76T
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/316709/000031670925000033/0000316709-25-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/316709/000031670925000033/schw-20250718.htm
  HTML page:      https://secwatch.observer/filing/0000316709-25-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer