Charles Schwab comfortably passed the Federal Reserve's 2026 CCAR stress test with a 26.3% CET1 ratio, while reporting record net new assets and brokerage account onboarding. The clean stress test result gives Schwab more flexibility on dividends, buybacks, and balance sheet growth. The company also issued a US$1b fixed to floating rate note due 2029, tapping debt markets for funding. The stock recently closed at $97.0, up 8.5% over the past week but down 4.5% year to date. These milestones come amid closer scrutiny across the brokerage and banking industry.
Charles Schwab CorpPassed Fed stress test with strong CET1 ratio, enabling more flexibility for dividends and buybacks.