SCHW Search Earning

The Charles Schwab Corporation

SCHW

Charles Schwab decreased 1.3% to $63.51 after the financial services provider reported better-than-expected earnings but revenue fell short of market expectations.

Net revenue in the fourth quarter declined 19% to $4.5 billion from $5.5 billion, net income dropped 47% to $1.1 billion from $1.98 billion, and diluted earnings per share fell to 51 cents from 97 cents a year ago.

The company added 3.8 million net new accounts and increased its total client base to 34.8 million.
Jan 17, 2024

Charles Schwab Corporation increased 4.2% to $53.49 after the online brokerage firm reported mixed quarterly results.

Net revenue in the third quarter ending in September declined 16% to $4.6 billion from $5.5 billion and net income plunged 44% to $1.1 billion from $2.0 billion and diluted earnings per share dropped to 56 cents from 99 cents a year ago.

Net interest revenue declined 24% to $2.2 billion but advised solution and asset management fees jumped 17% to a quarterly record of $1.2 billion.
Oct 16, 2023

Charles Schwab Corp soared 12.5% to $65.95 after the online broker reported a decline in earnings and revenues but quarterly results were ahead of market expectations.

Revenue declined 9% to $4.6 billion from $5.09 billion and net income fell 28% to $1.3 billion from $1.8 billion and diluted earnings per share decreased to 64 cents from 87 cents a year ago.

The company completed the transition of 5 million Ameritrade accounts to Charles Schwab platform in late May and all of the remaining 70% Ameritrade accounts are expected to transition over the year's end.
Jul 18, 2023

Charles Schwab Corporation, the online stock broker and financial services provider, reported better-than-expected earnings in its latest quarter.

Revenue in the first quarter increased 10% to $5.1 billion and net income rose 14% to $1.6 billion from $1.4 billion and diluted earnings per share advanced to 83 cents from 67 cents a year ago.

Schwab attracted net new one million accounts with core net new assets of $132 billion in the quarter, including $51 billion in March.
Apr 18, 2023

Year	Mar	Jun	Sep	Dec	Annual

2023	0.83	0.64	0.56	-	-
2022	0.67	0.87	0.99	0.97	3.5
2021	0.73	0.59	0.74	0.76	2.83
2020	0.58	0.48	0.48	0.57	2.12
2019	0.69	0.66	0.7	0.62	2.67
2018	0.55	0.6	0.65	0.65	2.45
2017	0.39	0.39	0.42	0.44	1.64
2016	0.29	0.30	0.34	0.36	1.29
2015	0.22	0.25	0.27	0.25	0.99
2014	0.24	0.23	0.24	0.24	0.95
2013	0.15	0.18	0.22	0.23	0.78
2012	0.15	0.20	0.19	0.15	0.69
2011	0.20	0.20	0.18	0.12	0.7
2010	0.00	0.17	0.10	0.11	0.38
2009	0.19	0.18	0.17	0.14	0.68
2008	0.26	0.26	0.26	0.27	1.05
2007	0.22	0.23	1.28	0.23	1.96
2006	0.19	0.19	0.21	0.36	0.95
2005	0.11	0.14	0.16	0.14	0.55