Charles Schwab (SCHW) Misses Q2 EPS by 3c, Revenue Beats

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Go back to Charles Schwab (SCHW) Misses Q2 EPS by 3c, Revenue Beats

Schwab Reports Second Quarter Results

July 16, 2021 8:45 AM EDT

Core Net New Assets Total $108.8 Billion, a Second Quarter Record

Client Assets Reach a Record $7.57 Trillion

WESTLAKE, Texas--(BUSINESS WIRE)-- The Charles Schwab Corporation announced today that its net income for the second quarter of 2021 was $1.3 billion, compared with $1.5 billion for the first quarter of 2021, and $671 million for the second quarter of 2020. Net income for the six months ended June 30, 2021 was $2.7 billion, compared with $1.5 billion for the year-earlier period. The companys financial results include TD Ameritrade from closing on October 6, 2020 forward, as well as certain acquisition and integration-related costs and the... More