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16.10.25 - 13:33
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Schwab Reports Record Revenue and Earnings (Business Wire)
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Third Quarter Core Net New Assets Equal $137.5 Billion, Up 44% Year-Over-Year
3Q Net Revenues Up 27% Year-Over-Year to $6.1 Billion
Quarterly GAAP Earnings Per Share of $1.26, $1.31 Adjusted (1) – up 70% versus 3Q24WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation reported net income for the third quarter totaling $2.4 billion, or $1.26 earnings per share. Excluding $127 million of pre-tax transaction-related costs, adjusted (1) net income and earnings per share equaled $2.5 billion and $1.31, respectively.
Client Driven
Growth
44%
3Q25 Core NNA
Growth vs. 3Q24
“Our unwavering focus on delivering for clients helped us attract $137.5 billion in 3Q core net new assets plus over 1 million new brokerage accounts for the fourth straight quarter.”
President & CEO Rick Wurster
Diversified
Revenue Growth
27%
3Q25 Revenue
Growth vs. 3Q24
“Strengthening organic growth trends, increasing adoption of wealth solutions, and favorable macroeconomic tailwinds powered another quart...
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11.10.25 - 02:01
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Stocks Tumble on Trump′s Tariff Threats | The Close 10/10/2025 (Bloomberg)
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Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests: The Planetary Society CEO Bill Nye, RockCreek Founder and CEO Afsaneh Beschloss, Piper Sandler Managing Director & Senior Research Analyst Anna Andreeva, Gabelli Funds Portfolio Manager, MD for Growth Portfolios John Belton, China Moon Strategies President Jeff Moon, CIBC Private Wealth Senior Energy Trader Rebecca Babin, Charles Schwab Chief Investment Strategist Liz Ann Sonders, RBC Capital Markets Head of US Bank Equity Strategy Gerard Cassidy, Adam Farrar. (Source: Bloomberg)...
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