secwatch.observer — SEC 8-K summary
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Issuer:     SCHWAB CHARLES CORP (SCHW)
CIK:        0000316709
Form:       8-K
Filed at:   2025-10-16T23:59:59+00:00
Accession:  0000316709-25-000046
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Schwab Q3 record revenue $6.1B, adj EPS $1.31 up 70% YoY; net new assets $137.5B
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/316709/000031670925000046/0000316709-25-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/316709/000031670925000046/schw-20251016.htm
  HTML page:      https://secwatch.observer/filing/0000316709-25-000046

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