Earnings ·
Reports Q3 Net Income of $2.9 Billion and Record EPS of $1.62
SCHWSchwab Charles Corp
The Charles Schwab Corporation reported net income for the third quarter ended September 30, 2026, totaling $2.9 billion, or diluted earnings per share of $1.62. Adjusted net income was $3.0 billion, with adjusted EPS at $1.69, representing a 29% year-over-year increase. Quarterly net revenues reached a record $7.2 billion, up 17%, driven by strong client activity including $190.4 billion in core net new assets and the opening of 1.2 million new brokerage accounts. The company also announced quarterly dividends of $0.32 per share. The Charles Schwab Corporation is a leading provider of financial services, offering wealth management, securities brokerage, banking, asset management, custody, and financial advisory services.