Third-quarter results shape what it means for Charles Schwab stock
Published on 10/17/2026 at 10:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSResults and client growth
- Charles Schwab reported third-quarter net revenue of $7.17 billion on October 15, 2026.
- GAAP diluted earnings per share reached $1.62 for the three months ended September 30, 2026.
- Total client assets reached $13.33 trillion at September 30, 2026.
Charles Schwab reported third-quarter results on October 15, 2026, with net revenue of $7.17 billion and GAAP diluted earnings per share of $1.62, according to the company’s press release.
Charles Schwab said third-quarter net revenue increased 17 percent from the same period a year earlier. GAAP net income totaled $2.906 billion, while adjusted net income was $3.021 billion. Adjusted diluted earnings per share was $1.69 for the three months ended September 30, 2026.
The week in figures
For the third quarter ended September 30, 2026, total client assets reached $13.3332 trillion, up 15 percent year over year. Core net new assets totaled $190.4 billion, an increase of 38 percent from the year-earlier period.
Chronology of the week
On October 15, 2026, Charles Schwab reported that clients opened 1.2 million new brokerage accounts during the quarter, bringing total client accounts to 48.6 million. Daily average trading volume was 10.7 million transactions, up 44 percent from the year-earlier quarter. These figures are reported in the company’s release.
Company developments
The company said it introduced Charley, an artificial-intelligence assistant for U.S. retail clients, announced single-stock futures on the thinkorswim trading platform and partnered with Anthropic to bring Claude for Financial Advisors to independent registered investment advisers.
Market context: Market report S&P 500.
The next price is shown from the start of trading by the continuously updated real-time quote of Charles Schwab stock.
