Thursday 16 October 2025
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wn.com - 3 hours ago

Charles Schwab posts strong Q3 results as client assets and trading surge

Charles Schwab reported stronger-than-expected third-quarter results on Thursday, showcasing robust client growth, higher revenue, and record total assets amid a buoyant stock market. The results underscore the wealth management giant’s ability to attract new money and capitalize on rising investor activity in 2025’s bullish environment. The Westlake, Texas-based firm reported adjusted earnings per share (EPS) of $1.31, beating Wall Street’s consensus estimate of $1.25, according to FactSet. Revenue came in at $6.1 billion, ahead of expectations for $6...


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