Schwab Delivers Record Net New Assets & Earnings
Charles Schwab reported record Q3 2026 results: net revenues rose 17% year-over-year to $7.2 billion, with GAAP EPS of $1.62 and adjusted EPS of $1.69, both up 29% versus 3Q25. Organic momentum was exceptional — record core net new assets of $190.4 billion (up 38% YoY, a 5.8% annualized growth rate), 1.2 million new brokerage accounts, and total client assets of $13.33 trillion, up 15%. Trading revenue rose 16% to $1.2 billion on daily average trades of 10.7 million (+44% YoY), while net interest margin expanded to 3.04% and the company repurchased $0.5 billion of stock.
Key figures
- Eps
- 1.62
- Revenue
- 7171000000
- Revenue Yoy
- 17%
- Buyback
- $0.5 billion / 4.7 million shares
- Dat yoy
- 44%
- Nna yoy
- 38%
- Bank loans
- $72.3 billion
- Sweep cash
- $492.8 billion
- Adjusted eps
- 1.69
- Margin loans
- $187.9 billion
- Tier1 leverage
- 8.9%
- Net income gaap
- 2906000000
- Adjusted eps yoy
- 29%
- Pretax margin gaap
- 52.7%
- Adjusted net income
- 3021000000
- Core net new assets
- $190.4B
- Net interest margin
- 3.04%
- Total client assets
- $13.33 trillion
- Daily average trades
- 10.7 million
- Total client accounts
- 48.6 million
- Adjusted pretax margin
- 54.8%
- New brokerage accounts
- 1.2 million
- Adjusted tier1 leverage
- 7.0%
- Nna annualized growth rate
- 5.8%
- Pledged asset line balances
- $37.3 billion
AI analysis
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