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 Quarterly Net Income of $923 Million, Up 49%

October 15, 2018 8:45 AM EDT

Revenues Grow 19% Year-Over-Year to $2.6 Billion, Marking Thirteen Consecutive Record Quarters

Core Net New Assets of $53.5 Billion Set a Third Quarter Record

SAN FRANCISCO--(BUSINESS WIRE)-- The Charles Schwab Corporation announced today that its net income for the third quarter of 2018 was a record $923 million, up 7% from $866 million for the prior quarter, and up 49% from $618 million for the third quarter of 2017. Net income for the nine months ended September 30, 2018 was $2.6 billion, up 46% from the year-earlier period.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181015005197/en/

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