secwatch.observer — SEC 8-K summary
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Issuer:     SCHWAB CHARLES CORP (SCHW)
CIK:        0000316709
Form:       8-K
Filed at:   2026-10-15T20:18:01+00:00
Accession:  0000316709-26-000035
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Schwab Q3 revenue up 17% to record $7.17B; GAAP EPS $1.62 (+29%), core net new assets $190.4B (+38%)
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- Net revenues $7.171B (+17% YoY); GAAP net income $2.906B and EPS $1.62 (+29%); adjusted EPS $1.69 excluding $151M pre-tax transaction-related costs.
- Core net new assets $190.4B, up 38% YoY; 1.2M new brokerage accounts opened; total client accounts 48.6M and total client assets $13.33T (+15%).
- Margin loan balances $187.9B (+14% QoQ), including $60.7B for long/short strategies; bank loan balances $72.3B (+35% YoY); daily average trades 10.7M (+44%).
- Pledged Asset Line balances $37.3B (+59% YoY); Schwab Wealth Advisory net flows +55%; Managed Investing Solutions net flows +22% vs 3Q25.
- GAAP pre-tax profit margin 52.7% (adjusted 54.8%); annualized ROTCE 44%; launched AI assistant Charley, single stock futures on thinkorswim, and an Anthropic partnership.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/316709/000031670926000035/0000316709-26-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/316709/000031670926000035/schw-20261015.htm
  HTML page:      https://secwatch.observer/filing/0000316709-26-000035

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