Charles Schwab (SCHW) Tops Q2 EPS by 5c, Beats on Revenue

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25% Revenue Growth Powers Record 2Q25 Results

July 18, 2025 7:30 AM EDT

Second Quarter Core Net New Assets Equal $80.3 Billion, Up 31% Year-Over-Year

New Accounts Exceed 1 Million and Total Client Assets Reach a Record $10.76 Trillion

Record Quarterly GAAP Earnings Per Share of $1.08, $1.14 Adjusted (1)

WESTLAKE, Texas--(BUSINESS WIRE)-- The Charles Schwab Corporation reported net income for the second quarter totaling $2.1 billion, or $1.08 earnings per share. Excluding $128 million of pre-tax transaction-related costs, adjusted (1) net income and earnings per share equaled $2.2 billion and $1.14, respectively.

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