secwatch.observer — SEC 8-K summary
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Issuer:     SCHWAB CHARLES CORP (SCHW)
CIK:        0000316709
Form:       8-K
Filed at:   2026-07-21T20:16:35+00:00
Accession:  0000316709-26-000027
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Schwab Q2 record revenue $7.1B (+21% YoY); GAAP EPS $1.54, adj. $1.62
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- Record net revenues of $7.07B, up 21% YoY; GAAP net income $2.8B, EPS $1.54.
- Adjusted EPS $1.62 (+42% YoY); adjusted net income $2.93B; pre-tax margin 54.3%.
- Core net new assets $119.8B (+49% YoY); June record $62.7B; 1.4M new brokerage accounts.
- Daily average trades record 11.9M (+57% YoY); managed investing net flows +53% YoY.
- Launched Schwab Crypto for Bitcoin/Ethereum trading; introduced AI-powered Portfolio Insights.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/316709/000031670926000027/0000316709-26-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/316709/000031670926000027/schw-20260721.htm
  HTML page:      https://secwatch.observer/filing/0000316709-26-000027

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