Charles Schwab (SCHW) Tops Q4 EPS by 3c
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Schwab Reports Record Quarterly Net Income of $416 Million, Up 19%
January 19, 2016 8:45 AM EST2015 Revenues Rise 5% to $6.4 Billion, Net Income Grows 10% to $1.4 Billion, both records
Core Net New Assets Total $134.7 Billion for 2015, Exceeding $100 Billion for Fourth Consecutive Year
SAN FRANCISCO--(BUSINESS WIRE)-- The Charles Schwab Corporation announced today that its net income for the fourth quarter of 2015 was $416 million, up 11% from $376 million for the third quarter of 2015, and up 19% from $350 million for the fourth quarter of 2014. Net income for the twelve months ended December 31, 2015 was $1.4 billion, up 10% from the year-earlier period. The companys financial results for the fourth quarter and full-year 2015 include certain non-recurring items; descriptions of... More
