Charles Schwab (SCHW) Tops Q3 EPS by 3c

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Go back to Charles Schwab (SCHW) Tops Q3 EPS by 3c

Schwab Reports Record Quarterly Earnings Per Share

October 15, 2021 8:45 AM EDT

Core Net New Assets Rise 28% Sequentially to $139.0 Billion, a Third Quarter Record

Total Client Assets Reach $7.61 Trillion, up 14% Year-to-Date

WESTLAKE, Texas--(BUSINESS WIRE)-- The Charles Schwab Corporation announced today that its net income for the third quarter of 2021 was a record $1.5 billion compared with $1.3 billion for the second quarter of 2021, and $698 million for the third quarter of 2020. Net income for the nine months ended September 30, 2021 was $4.3 billion, compared with $2.2 billion for the year-earlier period. The companys financial results include TD Ameritrade from October 6, 2020 forward, as well as certain acquisition and integration-related... More