Latest posts
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Schwab Beats With $13.08 Trillion in Client Assets — and a Record 11.9 Million Daily Trades
Revenue rose 20.9% to $7.07 billion and adjusted EPS of $1.62 beat consensus. Behind the headline: record trading activity, an 80% jump in wealth-advisory flows, and a 59% rise in portfolio-backed borrowing.
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Schwab’s $13 Trillion Test: Brokerage Earnings Take the Baton as Wall Street’s Busiest Week Begins
Charles Schwab reports second-quarter results with analysts expecting roughly 36% profit growth, record client assets of $13.14 trillion and every word about client cash under scrutiny.