Charles Schwab reports record revenue for Charles Schwab stock investors are tracking at EUR 80.98

Published on 10/22/2026 at 11:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Charles Schwab posted USD 7.17 billion in third-quarter revenue, up 17.00 percent year over year. Stock costs EUR 80.98.

Third-quarter growth and analyst revisions

Charles Schwab reported USD 7.17 billion in third-quarter 2026 revenue on October 15, 2026.
BMO Capital lowered its target to USD 97.00 from USD 105.00 on October 19, 2026.
Charles Schwab stock trades at EUR 80.98 at 11:35 a.m. CEST at Lang & Schwarz on October 22, 2026.

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Charles Schwab (ISIN US8085131055) reported record third-quarter revenue of USD 7.17 billion, up 17.00 percent from the third quarter of 2025. The October 15, 2026 release also showed adjusted earnings per share of USD 1.69, compared with USD 1.31 a year earlier, according to Charles Schwab. At Lang & Schwarz, the stock was trading at EUR 80.98 on October 22, 2026 at 11:35 a.m. CEST.

Revenue growth meets a mixed signal

The quarterly report combined strong operating growth with a modest top-line shortfall against expectations. GAAP net income reached USD 2.906 billion in the third quarter of 2026, up 23.00 percent from USD 2.358 billion in the third quarter of 2025, while diluted GAAP earnings per share rose 29.00 percent to USD 1.62.

Client activity supplied the main growth engine. Core net new assets reached USD 190.4 billion in the third quarter of 2026, up 38.00 percent year over year, and clients opened 1.2 million brokerage accounts. Bank loans reached USD 72.3 billion at September 30, 2026, up 35.00 percent from the third quarter of 2025.

What do analyst targets imply?

Analyst revisions offered a more cautious counterpoint after the results. According to MarketBeat, Evercore lowered its target from USD 107.00 to USD 104.00 on October 19, 2026. The same report listed 18 Buy ratings, five Holds and one Sell rating.

Benzinga reported on October 16, 2026 that Truist Securities cut its target from USD 125.00 to USD 112.00 while keeping a Buy rating. The contrast matters because Schwab's adjusted pre-tax profit margin reached 54.80 percent in the third quarter of 2026, up from 51.30 percent a year earlier.

Three recent stock events

On October 15, 2026, Schwab reported USD 7.17 billion in third-quarter revenue through Charles Schwab. On October 19, 2026, BMO Capital lowered its target to USD 97.00 from USD 105.00, according to MarketBeat. On October 20, 2026, Morgan Stanley lowered its target to USD 132.00 from USD 141.00, according to MarketScreener.

Stock and market context

The latest primary-market quote available for Charles Schwab was USD 91.64 on October 21, 2026 at 4:00 p.m. ET, while market capitalization stood at USD 158.5 billion. The same quotation showed a 52-week range of USD 83.96 to USD 114.53. These figures place the stock above its yearly low but below its yearly high, leaving earnings execution and target revisions as the central reference points.

Investor dates and valuation

The company held its Fall Business Update on October 15, 2026 alongside the third-quarter release. The results set a fresh operating benchmark with 10.7 million daily average trades and USD 13.33 trillion in client assets during the third quarter of 2026.

Trading view for Schwab stock

The results show a business expanding across brokerage, banking and advisory services, while analyst target cuts signal a narrower margin for disappointment. The balance between 17.00 percent revenue growth and the target revisions is the key market debate.

The further course of trading is shown by the continuously updated real-time quote of Charles Schwab stock.