earnings
confidence high
sentiment positive
materiality 0.85
Schwab Q3 record revenue $6.1B, adj EPS $1.31 up 70% YoY; net new assets $137.5B
SCHWAB CHARLES CORP
2025-Q3 EPS reported
$3.33
revenue$17,585,000,000
- GAAP net income $2.4B ($1.26 EPS); adjusted net income $2.5B ($1.31 EPS), up 70% YoY.
- Net revenues rose 27% YoY to $6.1B; pre-tax profit margin 49.2% GAAP, 51.3% adjusted.
- Core net new assets $137.5B, up 44% YoY; total client assets record $11.59T (+17% YoY).
- Repurchased 28.9M shares for $2.7B in Q3; YTD capital return $8.5B across all forms.
- Client sweep cash grew $13.5B QoQ; bank supplemental funding reduced $12.9B to $14.8B.