Charles Schwab (SCHW) Reports In-Line Q3 EPS

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Go back to Charles Schwab (SCHW) Reports In-Line Q3 EPS

Schwab Reports Record Third Quarter Revenue of $1.6 Billion

October 15, 2015 8:45 AM EDT

Quarterly Earnings Rise 17% Year-Over-Year; Year-to-Date Earnings Reach a Record $1.0 Billion

Core Net New Assets Total $30.8 Billion for Third Quarter; $102.0 Billion Year-to-Date

SAN FRANCISCO--(BUSINESS WIRE)-- The Charles Schwab Corporation announced today that its net income for the third quarter of 2015 was $376 million, up 7% from $353 million for the second quarter of 2015, and up 17% from $321 million for the third quarter of 2014. Net income for the nine months ended September 30, 2015 was $1.0 billion, up 6% from the year-earlier period. The companys financial results for the third quarter and first nine months of both 2015 and 2014 include certain non-recurring... More