For the quarter ended June 2026, The Charles Schwab Corporation (SCHW) reported revenue of $7.07 billion, up 20.9% over the same period last year. EPS came in at $1.62, compared to $1.14 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $6.89 billion, representing a surprise of +2.71%. The company delivered an EPS surprise of +5.88%, with the consensus EPS estimate being $1.53.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Charles Schwab performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Total client assets: $13,084.90 billion compared to the $12,601.23 billion average estimate based on five analysts. Average Interest Earning Assets: $444.98 billion versus $448.33 billion estimated by four analysts on average. Average Client Assets - Schwab equity and bond funds, exchange-traded funds (ETFs), and collective trust funds (CTFs): $882.54 million versus $858.21 million estimated by four analysts on average. Average Client Assets - Mutual Fund OneSource and other no-transaction-fee funds: $485.7 million versus $471.75 million estimated by four analysts on average. Net Revenues- Other: $342 million versus the five-analyst average estimate of $272.56 million. The reported number represents a year-over-year change of +31.5%. Net Revenues- Bank deposit account fees: $333 million compared to the $315.02 million average estimate based on five analysts. The reported number represents a change of +34.8% year over year. Net Revenues- Net interest revenue: $3.36 billion compared to the $3.3 billion average estimate based on five analysts. The reported number represents a change of +19% year over year. Net Revenues- Asset management and administration fees: $1.83 billion versus the five-analyst average estimate of $1.83 billion. The reported number represents a year-over-year change of +16.2%. Net Revenues- Trading revenue: $1.22 billion versus the five-analyst average estimate of $1.17 billion. The reported number represents a year-over-year change of +27.6%. Net Revenues- Asset management and administration fees- Schwab money market funds: $473 million versus the three-analyst average estimate of $474.94 million. The reported number represents a year-over-year change of +7%. Net Revenues- Asset management and administration fees- Schwab equity and bond funds, exchange-traded funds (ETFs), and collective trust funds (CTFs): $157 million compared to the $153.58 million average estimate based on three analysts. The reported number represents a change of +28.7% year over year. Net Revenues- Asset management and administration fees- Mutual Fund OneSource and other no-transaction-fee funds: $273 million compared to the $271.35 million average estimate based on three analysts. The reported number represents a change of +25.2% year over year.View all Key Company Metrics for Charles Schwab here>>>
Shares of Charles Schwab have returned +11.4% over the past month versus the Zacks S&P 500 composite's -0.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"
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