Charles Schwab (SCHW) Tops Q1 EPS by 3c

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Schwab Reports Strong First Quarter Results

April 17, 2023 8:00 AM EDT

Client And Business Momentum Continued; Organic Asset Growth Exceeded 7%
10% Year-over-Year Revenue Growth; GAAP Pre-Tax Profit Margin of 41.2%; 45.8% Adjusted (1)

WESTLAKE, Texas--(BUSINESS WIRE)-- The Charles Schwab Corporation announced today that its net income for the first quarter of 2023 was $1.6 billion, up 14% from $1.4 billion for the first quarter of 2022.

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Three Months Ended March 31,

 

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Financial Highlights (1)

2023

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