Charles Schwab reports Q3 revenue miss, stock faces growth test at 17 percent revenue growth

Published on 10/16/2026 at 10:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Core net new assets reached USD 190.4 billion in the third quarter. Charles Schwab stock was EUR 84.21 on October 16, 2026.

Growth and earnings in view

Core net new assets reached USD 190.4 billion in the third quarter on October 15, 2026.
Adjusted earnings per share came to USD 1.69 versus USD 1.66 consensus for the third quarter of 2026.
Charles Schwab stock was trading at EUR 84.21 at Lang & Schwarz on October 16, 2026 at 9:49 a.m. CEST.

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Charles Schwab (ISIN US8085131055) was trading at EUR 84.21 at Lang & Schwarz on October 16, 2026 at 9:49 a.m. CEST. The brokerage reported third-quarter revenue of USD 7.17 billion on October 15, 2026, slightly below the USD 7.18 billion consensus estimate, while adjusted earnings per share exceeded expectations at USD 1.69 versus USD 1.66, according to MarketBeat.

Results point to a revenue gap

The quarter still delivered broad operating growth. Revenue increased 17.00 percent from the third quarter of 2025, while GAAP net income reached USD 2.81 billion and diluted earnings per share stood at USD 1.62 for the third quarter of 2026.

Client activity supplied the strongest counterweight to the revenue miss. Core net new assets reached USD 190.4 billion, up 38.00 percent from a year earlier, and total client assets rose 15.00 percent to USD 13.33 trillion, as reported by Yahoo Finance.

What supports the earnings profile?

Net interest revenue grew 14.00 percent year over year to USD 3.48 billion, while trading revenue increased 16.00 percent to USD 1.16 billion. Daily average trades reached 10.7 million in the third quarter, up 44.00 percent from the prior-year quarter.

The earnings call also highlighted a funding and margin trade-off. Bank loan balances grew 35.00 percent year over year to USD 72.3 billion, while management said revenue growth and net interest margin expansion for 2026 should land toward the lower end of earlier ranges, according to Yahoo Finance.

Stock quote and market context

On the NYSE, Charles Schwab closed at USD 94.42 on October 15, 2026. The primary-market close followed the earnings release before the US session, while the euro quotation gives German investors a separate intraday reference.

At Lang & Schwarz, Charles Schwab stock was trading at EUR 84.21 on October 16, 2026 at 9:49 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Charles Schwab stock.