Charles Schwab reports record revenue, with Charles Schwab stock at EUR 79.99

Published on 10/20/2026 at 11:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 7.17 billion in the third quarter, up 17.00 percent year over year. Charles Schwab stock costs EUR 79.99 on October 20, 2026.

Revenue growth and analyst targets

Third-quarter net revenue reached USD 7.17 billion on October 15, 2026.
Adjusted earnings per share came to USD 1.69 against a USD 1.66 consensus estimate on October 15, 2026.
Charles Schwab stock trades at EUR 79.99 at 11:38 a.m. CEST at Lang & Schwarz on October 20, 2026.
Deutsche Bank lowered its target to USD 125.00 from USD 130.00 on October 16, 2026.

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Charles Schwab (ISIN US8085131055) delivered record third-quarter net revenue of USD 7.17 billion on October 15, 2026, an increase of 17.00 percent from the year-earlier period. According to Business Wire, GAAP earnings per share reached USD 1.62, while adjusted earnings per share came to USD 1.69.

Results set a high bar

The earnings quality was strong, but the revenue figure was slightly below the USD 7.20 billion consensus estimate. Investing.com reported that adjusted earnings per share exceeded the USD 1.66 forecast, while management guided full-year revenue and net interest margin growth toward the lower end of its earlier ranges.

Core net new assets reached USD 190.4 billion in the third quarter, up 38.00 percent year over year. Net interest revenue rose 14.00 percent to USD 3.48 billion, and the net interest margin expanded to 3.04 percent during the period, according to Yahoo Finance.

What does the target cut mean?

The analyst response highlights the tension between stronger earnings and a modest revenue shortfall. MarketScreener said Deutsche Bank cut its target from USD 130.00 to USD 125.00 on October 16, 2026, while retaining a Buy rating. The same page listed JPMorgan's target reduction from USD 150.00 to USD 147.00 on October 16, 2026.

Three dates shape the story

On October 15, 2026, Charles Schwab reported USD 7.17 billion in third-quarter revenue. On October 16, 2026, Deutsche Bank reduced its target to USD 125.00. On October 20, 2026, the euro quotation stood at EUR 79.99 at Lang & Schwarz, giving investors a fresh market reference.

Upcoming reporting date

Investing.com lists January 19, 2027 as the next Charles Schwab earnings date for the fourth quarter of 2026.

Stock trades at EUR 79.99

Charles Schwab is a financial services company focused on brokerage, banking, wealth management, trading, custody and advisory services. Its primary listing is on the NYSE, while its euro quotation gives German investors a separate intraday reference.

The stock was trading at EUR 79.99 at Lang & Schwarz on October 20, 2026 at 11:38 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Charles Schwab stock.