Charles Schwab CorpSCHW
▲ PositiveDemandrelevance
Customer assets up 27% YoY, new accounts up 37%, record trades, and margin loans up 38% indicate strong demand for Schwab's services.
Charles Schwab is quietly cashing in on the current retail trading boom, with customer assets reaching $13.1 trillion in May 2026, a 27% increase year over year. New brokerage accounts opened during the month totaled 461,000, up 37% from May 2025, while the company hit a record daily average of 11.8 million trades. Margin loans rose 38% from the end of 2025. Despite being an established player, Schwab's growth remains strong, and its price-to-earnings ratio of 19x is less than half of Robinhood's 54x.
Charles Schwab CorpCustomer assets up 27% YoY, new accounts up 37%, record trades, and margin loans up 38% indicate strong demand for Schwab's services.
Robinhood Markets IncMentioned only for comparison of P/E ratio; no direct impact on Robinhood from Schwab's growth.