Charles Schwab CorpSCHW
▼ NegativeCapitalrelevance
Stock fell 2.5% despite record revenue and earnings beat, likely due to profit-taking or market disappointment with guidance.
Impact on stocks 1
Digital Finance & Tokenization
Charles Schwab CorpCharles Schwab reported record second-quarter revenue and earnings on Tuesday, yet its stock ended the day down 2.5%. Total net revenue rose 21% year over year to a record $7.1 billion, while adjusted earnings per share of $1.62 beat analyst expectations of $1.56. Trading revenue climbed 28% to $1.2 billion, fueled by client daily average trades reaching an all-time high of 11.9 million, a 57% jump from a year ago. Net interest revenue grew 19% to $3.4 billion, and the net interest margin widened to 3.00%. The company also raised its full-year 2026 revenue growth guidance to a range of 17.5% to 18.5%, up from its prior forecast of 14% to 15%.
Charles Schwab CorpStock fell 2.5% despite record revenue and earnings beat, likely due to profit-taking or market disappointment with guidance.