Charles Schwab Quietly Benefits from Retail Trading Boom

Earnings
โดย The Motley Fool·Read original
Summary · why it matters

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.

Impact on stocks 3

Digital Finance & Tokenization · 2 stocks
Charles Schwab Corp
SCHW
▲ PositiveDemandrelevance

Customer assets up 27% YoY, new accounts up 37%, record trades, and margin loans up 38% indicate strong demand for Schwab's services.

Robinhood Markets Inc
HOOD
± Mixedrelevance

Mentioned only for comparison of P/E ratio; no direct impact on Robinhood from Schwab's growth.