Charles Schwab stock holds near $111 after July asset growth
Published on 08/17/2026 at 12:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Charles Schwab stock held near $111 after the firm said July core net new assets reached $58.1 billion and total client assets rose to $13.04 trillion, both figures reported on August 16, 2026. The same update said new brokerage accounts increased by 417,000 in the month, up 11% from a year earlier.
Client assets set the tone
The asset update matters because it pairs scale with flow: $13.04 trillion in client assets and $58.1 billion in July core net new assets point to a business that keeps drawing money even after a long rally. The brokerage count adds another layer, with 417,000 new accounts in July versus the prior year.
For investors, the comparison is straightforward. July core net new assets were 24% higher year over year, and client assets were 19% above July 2025, giving the stock a visible operating backdrop as of August 16, 2026.
Trading and valuation
The latest market snapshot showed the shares at $111.03 at the August 14, 2026 close, with extended trading at $111.18. MarketBeat's forecast page also listed a consensus price target of $121.17 and a closing price change of 0.88% in the same snapshot.
That leaves the stock within a narrow band below the consensus target, while a separate market data page put the market value at $192.11 billion and the trailing price-to-earnings ratio at 22.00. The setup is less about a single headline and more about how steadily Schwab keeps converting client inflows into scale.
What Schwab sells
Schwab's core model still centers on brokerage, custody, banking, and asset management services for retail and institutional clients. July's asset figures matter because they reflect how that model performs when assets, accounts, and recurring balances all move in the same direction.
Closing range
Charles Schwab stock last closed at $111.03 on August 14, 2026, with extended trading at $111.18 and a market value above $192 billion. The share price remains below the cited $121.17 consensus target, while the recent operating update showed $58.1 billion in July core net new assets and $13.04 trillion in client assets.
Fact box
Company: Charles Schwab Corporation
ISIN: US8085131050
Ticker: SCHW
Exchange: NYSE
Market cap: $192.11 billion
Price: $111.03
Price date: August 14, 2026
Sector / Industry: Financial Services / Capital Markets
Index membership: S&P 500
Next earnings date: October 16, 2026
