Charles Schwab (SCHW) Misses Q4 EPS by 2c, Revenue Misses

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Schwab Reports Record Quarterly and Full-Year Earnings Per Share

January 18, 2022 8:45 AM EST

Quarterly and Annual Core Net New Assets Total $162.2 Billion and $558.2 Billion, Both Records

Total Client Assets Reach a Record $8.14 Trillion at Year-end, up 22% Versus December 2020

WESTLAKE, Texas--(BUSINESS WIRE)-- The Charles Schwab Corporation announced today that its net income for the fourth quarter of 2021 was a record $1.6 billion compared with $1.5 billion for the third quarter of 2021, and $1.1 billion for the fourth quarter of 2020. Net income for the twelve months ended December 31, 2021 was a record $5.9 billion, compared with $3.3 billion for the year-earlier period. The companys financial results include TD Ameritrade from October 6,... More