Charles Schwab Corp. (SCHW) Reports In-Line Q4 EPS

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Schwab (SCHW) Slumps as Q4 Profit Clipped by Expenses; Net New Accounts Fall

January 16, 2013 11:03 AM EST

Charles Schwab (NYSE: SCHW) shares are ticking lower Wednesday following fourth-quarter 2012 earnings that came up flat to expectations...literally.

According to data from the company, revenue rose 9.2 percent to $1.215 billion, from $1.113 billion in the same period last year. Net income improved 29 percent to... More