The Charles Schwab Corporation Q1 2026 Earnings Recap

SCHW Q1 2026 April 16, 2026

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Schwab delivered a robust first quarter with record client growth, assets, and revenues driven by strategic focus on client engagement and innovation.

Earnings Per Share Beat

$1.43 vs $1.40 est.

+2.1% surprise

Revenue Miss

6482000000 vs 6500439000 est.

-0.3% surprise

Market Reaction

1-Day -7.63%

5-Day -7.1%

30-Day -11.63%

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Key Takeaways

Achieved record net new assets of $158 billion, bringing total client assets to $11.8 trillion, with strong account openings and engagement across markets.
Revenue increased 16% year-over-year to $1.43 billion, supported by record trading volumes and higher client activity.
Managed investing net flows soared 46%, with Schwab Wealth Advisory capturing $10 billion in new flows, reflecting deepening client relationships.
Expansion efforts included hiring, new branch openings, and innovative offerings like the Schwab Team Investor account for teens, enhancing client onboarding.
Significant strides in digital and AI capabilities, including AI-powered estate and tax planning tools, and the launch of private market access and structured asset line offerings.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit SCHW on AllInvestView.