Charles Schwab CorpSCHW
▲ PositiveCapitalrelevance
Q2 earnings beat and raised guidance drive shares up 10%.
Impact on stocks 1
Digital Finance & Tokenization
Charles Schwab CorpCharles Schwab Shares Up 10% Since Q2 Earnings Beat
Earnings
Charles Schwab shares have risen about 10% since the company reported second-quarter 2026 results a month ago, outperforming the S&P 500. Adjusted earnings of $1.62 per share beat the Zacks Consensus Estimate of $1.53 and soared 42% year over year, while net revenues reached a record $7.07 billion, up 21%. Total client assets hit a record $13.08 trillion, and the company repurchased 11.2 million shares for $1 billion during the quarter. Management now expects 2026 revenue growth of 17.5% to 18.5%, with net interest margin expanding to 3% to 3.10% for the year. Analysts have been revising estimates upward, giving the stock a Zacks Rank #2, or Buy.
Charles Schwab CorpQ2 earnings beat and raised guidance drive shares up 10%.