Charles Schwab (NYSE:SCHW) Posts Quarterly Earnings Results, Beats Estimates By $0.09 EPS

Charles Schwab (NYSE:SCHW) posted its quarterly earnings data on Tuesday. The financial services provider reported $1.62 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.09, Briefing.com reports. Charles Schwab had a return on equity of 23.05% and a net margin of 37.99%.During the same quarter last year, the firm posted $1.14 EPS. The business’s quarterly revenue was up 20.9% compared to the same quarter last year.

Charles Schwab Stock Up 1.3%

SCHW opened at $102.92 on Tuesday. The company has a 50 day moving average of $93.07 and a 200 day moving average of $95.34. The company has a market cap of $178.99 billion, a PE ratio of 20.42, a price-to-earnings-growth ratio of 0.85 and a beta of 0.77. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.48. Charles Schwab has a 12 month low of $83.96 and a 12 month high of $107.50.

Charles Schwab Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Friday, May 8th. Charles Schwab’s dividend payout ratio is presently 25.40%.

Key Charles Schwab News

Here are the key news stories impacting Charles Schwab this week:

• Positive Sentiment: Charles Schwab reported record quarterly revenue and earnings for Q2 2026, which should reassure investors that the business is still executing well. Schwab Reports Record Quarterly Revenue and Earnings
• Positive Sentiment: The company posted $1.62 EPS, beating analysts’ estimate of $1.53, while revenue rose 20.9% year over year, signaling stronger-than-expected profitability and growth. Quarterly Earnings Press Release
• Positive Sentiment: Management’s results appear to reflect a busy trading environment, with retail investors “buying the dip” during a volatile quarter, which tends to boost Schwab’s brokerage and asset-based revenue. Charles Schwab profits surge as retail traders bought the dip in a volatile quarter
• Neutral Sentiment: Some commentary ahead of the release focused on how a broader bull market could lift Schwab’s earnings, suggesting the stock may continue to track market conditions and investor trading activity. Bull Market for Stocks Puts Wind in Charles Schwab’s Sails
• Negative Sentiment: BMO downgraded Charles Schwab to Market Perform after the recent rally, which could temper enthusiasm even after the earnings beat. Charles Schwab downgraded to Market Perform at BMO after stock rally

Insiders Place Their Bets

In other news, insider Jonathan S. Beatty sold 2,000 shares of the company’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $100.01, for a total value of $200,020.00. Following the transaction, the insider owned 13,738 shares of the company’s stock, valued at approximately $1,373,937.38. This represents a 12.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frank C. Herringer sold 2,520 shares of the firm’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $90.60, for a total transaction of $228,312.00. Following the sale, the director owned 177,508 shares in the company, valued at approximately $16,082,224.80. This trade represents a 1.40% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 6,520 shares of company stock valued at $622,392 over the last 90 days. Company insiders own 6.30% of the company’s stock.

Institutional Trading of Charles Schwab

A number of hedge funds have recently bought and sold shares of SCHW. State Street Corp raised its stake in shares of Charles Schwab by 1.0% during the third quarter. State Street Corp now owns 73,156,290 shares of the financial services provider’s stock worth $6,984,231,000 after acquiring an additional 691,671 shares in the last quarter. Primecap Management Co. CA grew its holdings in shares of Charles Schwab by 9.7% during the 4th quarter. Primecap Management Co. CA now owns 23,276,071 shares of the financial services provider’s stock valued at $2,325,512,000 after purchasing an additional 2,066,884 shares during the last quarter. Viking Global Investors LP grew its holdings in shares of Charles Schwab by 5.1% during the 3rd quarter. Viking Global Investors LP now owns 16,583,101 shares of the financial services provider’s stock valued at $1,583,189,000 after purchasing an additional 809,876 shares during the last quarter. Amundi raised its position in Charles Schwab by 21.6% in the 3rd quarter. Amundi now owns 6,982,838 shares of the financial services provider’s stock worth $656,387,000 after purchasing an additional 1,238,813 shares during the period. Finally, Nuveen LLC raised its position in Charles Schwab by 1.0% in the 4th quarter. Nuveen LLC now owns 5,807,109 shares of the financial services provider’s stock worth $580,188,000 after purchasing an additional 57,317 shares during the period. Institutional investors own 84.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. TD Cowen raised their target price on Charles Schwab from $108.00 to $109.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Weiss Ratings restated a “buy (b-)” rating on shares of Charles Schwab in a report on Thursday, June 18th. Raymond James Financial increased their target price on shares of Charles Schwab from $126.00 to $137.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Barclays reduced their price objective on shares of Charles Schwab from $127.00 to $122.00 and set an “overweight” rating for the company in a research report on Thursday, July 9th. Finally, Zacks Research upgraded Charles Schwab from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $117.65.

Charles Schwab Company Profile

Charles Schwab Corporation (NYSE: SCHW) is a diversified financial services firm that provides brokerage, banking, wealth management and advisory services to individual investors, independent investment advisors and institutional clients. Its primary offerings include retail brokerage accounts, online trading platforms, Schwab-branded mutual funds and exchange-traded funds (ETFs), retirement plan services, custodial services for independent Registered Investment Advisors (RIAs), and banking products through Charles Schwab Bank.