The Charles Schwab Corporation
- Charles Schwab Corp. gained 0.2% to $76.29 after the brokerage and advisory services company reported first-quarter 2025 results...
Revenue surged to $5.60 billion from $4.74 billion, net income edged up to $1.80 billion from $1.25 billion, and diluted earnings per share rose to 99 cents from 68 cents a year ago.
The company added $137.7 billion in core net new assets during the quarter, an increase of 44% from a year earlier, bringing the total client assets up 9% to $9.93 trillion.
“New brokerage account openings increased 8% year-over-year to 1.2 million for the quarter, propelling total active brokerage accounts to 37.0 million,” the company said in a release to investors.
The brokerage company increased its quarterly dividend by 8% and repurchased $1.5 billion worth of common stock.
Apr 18, 2025 - Charles Schwab Corp. surged 4.9% to $77.11 after the financial services company released its monthly activity report for February.
Core net new assets brought to the company by new and existing clients totaled $48.0 billion, an increase of 44% from $33.4 billion a year ago.
Total client assets equaled $10.28 trillion as of month-end, up 16% from $8.88 trillion in February 2024 and down 1% from $10.33 trillion in January 2025.
New brokerage accounts opened during the month totaled 362,000, representing the fifteenth consecutive month of at least 300,000 new account openings.
February daily average trades rose 1% month-over-month to 7.45 million, driven by a continued interest in equity securities.
Transactional sweep cash increased by $4.7 billion to end February at $404.3 billion, compared to $399.6 billion in January 2025 and compared to $403.2 billion in February 2024.
Mar 17, 2025 - Charles Schwab Corp. gained 1.2% to $81.32 after the financial services company reported a significant increase in new assets received during January 2025.
In January, new and existing clients brought in core net new assets worth $30.6 billion, or a 75% increase from a year ago.
Total client assets equaled $10.33 trillion, up 21% from January 2024 and up 2% compared to December 2024.
New brokerage accounts opened during the month totaled 433,000, an increase of 18% versus January 2024.
January daily average trades increased by 7% month-over-month to 7.37 million, driven by sustained market engagement.
Feb 18, 2025 - Charles Schwab Corp surged 6% to $80.98 after the investment services firm said fourth-quarter revenue increased 20% to $5.3 billion from a year ago.
Net income jumped 76% to $1.8 billion, or 94 cents a share, compared to $1.1 billion or 51 cents a share in the same quarter a year ago.
Total client assets increased 19% year-over-year to $10.10 trillion.
For the full-year 2024, revenue jumped 4% to $19.61 billion from $18.8 billion, net income surged 17% to $5.94 billion from $5.5 billion, and diluted earnings per share rose to $2.99 from $2.54 a year ago.
Jan 21, 2025 - 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
| 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 |