Charles Schwab (SCHW) Tops Q1 EPS by 2c

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Schwab Reports Record Quarterly Net Income of $783 Million, Up 39%

April 16, 2018 8:45 AM EDT

Revenues Grow 15% Year-Over-Year to $2.4 Billion, Marking Eleven Consecutive Record Quarters

Core Net New Assets Rise 69% to a New All-Time High of $65.6 Billion

SAN FRANCISCO--(BUSINESS WIRE)-- The Charles Schwab Corporation announced today that its net income for the first quarter of 2018 was a record $783 million, up 31% from $597 million for the prior quarter, and up 39% from $564 million for the first quarter of 2017.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180416005333/en/

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