The Charles Schwab Corporation issued $300,000,000 Floating Rate Notes due 2030, $1,300,000,000 5.334% Fixed-to-Floating Rate Senior Notes due 2030 and $1,400,000,000 5.732% Fixed-to-Floating Rate Senior Notes due 2034, with net proceeds of approximately $2,982 million.
SCHW · Schwab Charles Corp
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Charles Schwab Corporation reported third-quarter 2026 net income of $2.9 billion, up 23%, diluted EPS of $1.62, up 29%, and total net revenues of $7.2 billion, up 17%.
Schwab reported record third-quarter revenue of $7.2 billion and adjusted earnings per share of $1.69, alongside $190 billion in core net new assets. It expects full-year revenue and NIM growth toward the low end of prior ranges and approximately 800 basis points of positive operating leverage.
The Charles Schwab Corporation reported record third-quarter core net new assets of $190.4 billion, net revenues of $7.2 billion and GAAP diluted EPS of $1.62 for the quarter ended September 30, 2026; revenue rose 17% and EPS rose 29% year-over-year.
Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
Equibles Research
our published analysis of this company-
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Equibles Rating
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Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Active brokerage accounts | 39.8M | the second quarter of 2026 filing | — |
| Adjusted diluted EPS non-GAAP | $1.62 | Three Months Ended June 30, 2026 filing | — |
| Adjusted net income available to common stockholders non-GAAP | $2.81B | Three Months Ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Net income available to common stockholders 2.68B
+142M Amortization of acquired intangible assets
+28M Acquisition and integration-related costs
-40M Income tax effects
= Adjusted net income available to common stockholders 2.81B
|
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| Adjusted Tier 1 Leverage Ratio (consolidated) non-GAAP | 6.8% | the second quarter of 2026 filing | — |
| Adjusted total expenses non-GAAP | $3.23B | Three Months Ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Total expenses excluding interest (GAAP) 3.4B
-142M Amortization of acquired intangible assets
-28M Acquisition and integration-related costs
= Adjusted total expenses 3.23B
|
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| Average client assets (in billions) | 12.72T | Three Months Ended June 30, 2026 filing | — |
| Average net yield | 1.83% | Three Months Ended June 30, 2026 filing | — |
| Core net new client assets (in billions) | 119.8B | Three Months Ended June 30, 2026 filing | — |
| Daily average trades (DATs) | 11.9M | the second quarter of 2026 filing | — |
| Liquidity Coverage Ratio | 135% | the three months ended June 30, 2026 filing | — |
| Net New Client Assets | 166B | the second quarter of 2026 filing | — |
| Net new client assets (in billions) | 118.7B | Three Months Ended June 30, 2026 filing | — |
| New brokerage accounts | 1.4M | the second quarter of 2026 filing | — |
| Number of trading days | 62 | Three Months Ended June 30, 2026 filing | — |
| Return on tangible common equity (annualized) non-GAAP | 44% | Three Months Ended June 30, 2026 filing | — |
| Revenue per trade | $1.64 | the three months ended June 30, 2026 filing | — |
| Total client assets | 13.08T | the second quarter of 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Capital Markets — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
SCHW
this stock
Schwab Charles Corp
|
$160.48B | -6.9% | +22.0% | 15.9 | 1.1% |
|
MS
Morgan Stanley
|
$297.99B | +7.4% | +5.5% | 15.1 | 1.0% |
|
GS
Goldman Sachs Group Inc
|
$264.37B | +4.3% | +8.9% | 13.2 | 2.2% |
|
HOOD
Robinhood Markets, Inc.
|
$70.11B | -31.2% | +51.6% | 36.1 | 3.9% |
|
IBKR
Interactive Brokers Group, Inc.
|
$37.06B | +27.2% | +9.0% | 31.3 | 3.1% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Filed
- Nov 12, 2026
- This year
- 22
The Charles Schwab Corporation issued $300,000,000 Floating Rate Notes due 2030, $1,300,000,000 5.334% Fixed-to-Floating Rate Senior Notes due 2030 and $1,400,000,000 5.732% Fixed-to-Floating Rate Senior Notes due 2034, with net proceeds of approximately $2,982 million.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| SCHW | +1.6% | +1.1% | +4.0% | +5.6% | -6.9% |
| SPY | +2.6% | -1.2% | +0.5% | -0.2% | +10.6% |
| vs SPY | -1.0% | +2.3% | +3.5% | +5.8% | -17.6% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.