Charles Schwab 2Q26 adjusted EPS rises 42% to $1.62; revenue increases 21% to $7.1 billion

Reuters2026/07/21 13:08

By:Reuters

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Charles Schwab posted 2Q26 GAAP EPS of 1.54, up 43% year-over-year, as revenue rose 21% to 7.1 billion.
Adjusted EPS climbed 42% to 1.62, with adjusted pre-tax margin widening 4.2 percentage points to 54.3%.
Core net new assets rose 49% to 120 billion, while new brokerage accounts increased 26% to 1.4 million.
Managed investing net flows increased 53% to 67 billion; bank lending grew 33% to 67 billion at quarter-end.
Schwab forecast 2026 revenue growth of 17.5%-18.5% and adjusted expense growth of 9.5%-10.5%, implying adjusted pre-tax margin in the low 50% range.

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 on July 21, 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 2Q26 adjusted EPS rises 42% to $1.62; revenue increases 21% to $7.1 billion

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