Charles Schwab beats estimates on strong client engagement
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Charles Schwab reported Q1 results exceeding analyst expectations due to strong client engagement and record trading activity. The company's revenue reached a record $6.48 billion, up 16% from the same quarter last year.
Charles Schwab's Q1 results surpassed analyst expectations, driven by robust client engagement and record trading activity. Adjusted earnings per share were $1.43, exceeding the consensus estimate of $1.39. Revenue reached $6.48 billion, up 16% from $5.6 billion in Q1 2025. The company attracted $140 billion in core net new assets and saw daily average trading volume reach a record 9.9 million trades, up 34% year-over-year. Client assets climbed 19% to $11.77 trillion. Schwab returned $2.4 billion to shareholders through stock repurchases and increased its quarterly dividend by 19% to $0.32 per share.
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