Charles Schwab (SCHW) Tops Q3 EPS by 2c
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Schwab Reports Third Quarter Results
October 16, 2023 8:00 AM EDT
Successfully Completed Largest Brokerage Conversion Event in History
September Core Net New Assets Exceeded $27 Billion
Bank Sweep Deposits Grew During September
WESTLAKE, Texas--(BUSINESS WIRE)-- The Charles Schwab Corporation announced today that its net income for the third quarter of 2023 was $1.1 billion compared with $2.0 billion for the third quarter of 2022. Net income for the nine months ended September 30, 2023 was $4.0 billion, compared with $5.2 billion for the year-earlier period.
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