SCHW
FY2026 Q2 · Calendar Q3 2026
The Charles Schwab Corporation
Schwab's Q2 2026 extends the record streak from Q1, with revenue of $7.1 billion (+21% YoY) and adjusted EPS of $1.62 (+42% YoY), both beating consensus. Client acquisition remained strong at 1.4 million new accounts and $120 billion in core net new assets, though NNA moderated from Q1's $158 billion seasonally. The diversification thesis deepened: crypto transfer capabilities are piloting by month-end with a new Paxos investment, Forge private-market integration is underway, binary options are in development with Cboe, and Pledged Asset Line lending grew 33% YoY. Management maintained a confident tone and guidance posture, framing client consolidation across wealth, banking, and investing as the durable growth engine. Despite the beat, shares fell 3.4% in the event session — consistent with profit-taking after a strong run into the print — before recovering 5.5% over subsequent…
EPS surprise+3.8%
Market move-2.5%
