Charles Schwab Q3 net income rises 23% year-over-year to $2.91 billion

Bitget2026/10/15 11:34

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Charles Schwab’s third-quarter 2026 GAAP diluted earnings per share climbed 29% year-over-year to $1.62.
Net revenues rose 17% year-over-year to a record $7.17 billion.
Core net new assets jumped 38% year-over-year to $190.4 billion, while total client assets increased 15% to $13.33 trillion.
Quarter-end margin loans surged 93% year-over-year to $187.9 billion, while bank loans grew 35% to $72.3 billion.
Schwab introduced AI-powered retail assistant Charley and partnered with Anthropic to bring Claude for Financial Advisors to independent investment advisers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Charles Schwab Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20261015231645) on October 15, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Charles Schwab Q3 net income rises 23% year-over-year to $2.91 billion

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