Charles Schwab (SCHW) Tops Q2 EPS by 3c

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Schwab Reports Second Quarter Results

July 18, 2023 7:45 AM EDT

Total Client Assets Exceed $8 Trillion
Maintained Strong Profitability With GAAP Pre-Tax Margin of 36.3%; 42.0% Adjusted (1)

WESTLAKE, Texas--(BUSINESS WIRE)-- The Charles Schwab Corporation announced today that its net income for the second quarter of 2023 was $1.3 billion compared with $1.8 billion for the second quarter of 2022. Net income for the six months ended June 30, 2023 was $2.9 billion, compared with $3.2 billion for the year-earlier period.

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Three Months Ended
June 30,

 

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