Charles Schwab (SCHW) Tops Q4 EPS by 4c

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Schwab Reports Fourth Quarter and Full Year Results

January 17, 2024 7:30 AM EST

December Core Net New Assets Exceed $40 Billion Annualized Growth Rate of 6%
Total Client Assets Reach Record $8.5 Trillion at Year-end, Up 21%

WESTLAKE, Texas--(BUSINESS WIRE)-- The Charles Schwab Corporation announced today that its net income for the fourth quarter of 2023 was $1.0 billion compared with $2.0 billion for the fourth quarter of 2022. Net income for the twelve months ended December 31, 2023 was $5.1 billion, compared with $7.2 billion for the year-earlier period.

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