Recent Updates — SCHW
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.
The Charles Schwab Corporation issued $1,000,000,000 in 4.603% Fixed-to-Floating Rate Senior Notes due 2029 on June 25, 2026. Net proceeds from the offering were approximately $995.5 million after expenses. The Charles Schwab Corporation is a financial services company providing brokerage, banking, and wealth management services.