Charles Schwab stock faces October 15 results after record Q2

Published on 09/28/2026 at 12:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Charles Schwab stock was last at USD 99.03 on September 25, 2026, 13.53 percent below its 52-week high. Q2 adjusted EPS rose 42 percent to USD 1.62.

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Charles Schwab stock (ISIN US8085131055) was last at USD 99.03 on the NYSE on September 25, 2026, at 4:00 p.m. ET, down 0.46 percent from the previous close of USD 99.49. The next major company checkpoint is scheduled for October 15, when Schwab plans its third-quarter results and fall business update, according to Business Wire.

Record Q2 results support the setup

Schwab's second-quarter 2026 total revenue grew 21 percent year over year to USD 7.1 billion, while adjusted earnings per share rose 42 percent to USD 1.62, according to the July 21 earnings-call transcript published by Yahoo Finance. The figures show that earnings growth outpaced revenue growth, giving investors a clear measure of operating leverage in the latest reported quarter.

The same transcript cites USD 120 billion in core net new assets for Q2, up 50 percent year over year, and bank lending balances of USD 67 billion, up 33 percent. Those figures connect asset gathering with a larger lending base, two drivers that matter for Schwab's mix of brokerage, banking and advisory revenue.

Analyst target rises to USD 120.00

Rothschild & Co Redburn raised its Charles Schwab price target from USD 114.00 to USD 120.00 on September 21, 2026, while keeping a Neutral rating, as reported by MarketScreener. The new target is 21.18 percent above the September 25 price, putting the upcoming results in the role of a near-term test for that valuation view.

Client assets reach USD 13.41 trillion

Schwab's August activity report showed total client assets of USD 13.41 trillion at August 31, 2026, up 19 percent from August 2025 and 3 percent from July. Core net new assets reached USD 64.8 billion for the month, up 46 percent year over year, while new brokerage accounts rose 11 percent to 424,000, according to Nasdaq.

Stock remains below its yearly high

At USD 99.03 on September 25, 2026, Charles Schwab stock stood 13.53 percent below its 52-week high of USD 114.53 and above its 52-week low of USD 83.96. Market capitalization was USD 172.2 billion, with 7,527,361 shares traded in the session.