Charles Schwab (SCHW) Tops Q1 EPS by 3c

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Schwab Reports Record Quarterly Net Income of $964 Million, Up 23%

April 15, 2019 8:45 AM EDT

Revenues Grow 14% Year-Over-Year to $2.7 Billion, Marking Fifteen Consecutive Record Quarters

Core Net New Assets Total $51.7 Billion and Total Client Assets Reach a Record $3.59 Trillion

SAN FRANCISCO--(BUSINESS WIRE)-- The Charles Schwab Corporation announced today that its net income for the first quarter of 2019 was a record $964 million, up 3% from $935 million for the prior quarter, and up 23% from $783million for the first quarter of 2018.

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Three Months Ended March 31, % Financial Highlights 2019 2018 Change... More