SCHWAB CHARLES CORP — Form 8-K
Filed July 21, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 28/100
What the filing says
Charles Schwab reported Q2 2026 net revenues of $7.072 billion (up 21% YoY), net income of $2.8 billion ($1.54 diluted EPS, $1.62 adjusted), and total client assets of $13.084 trillion (up 22% YoY). Core net new assets reached $119.8 billion (up 49% YoY); the company added 1.4 million new brokerage accounts, 1.388 million new accounts in Q2. Key metrics: margin loan balances $165.1 billion (+98% YoY), daily average trades 11.9 million (+57% YoY), managed investing solutions net flows up 53%, net interest margin 3.00% (+12 bps QoQ). Schwab repurchased 11.2 million shares for $1.0 billion, redeemed $2.1B preferred stock, and issued $1.5B new preferred stock.
Why this rating
Strong earnings growth and record asset inflows are positive, but company scale ($156.3B market cap) means $7.1B quarterly revenue and $2.8B net income, while excellent, represent normal operating results rather than transformational shifts.
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