Charles Schwab stock gains on $13.6 billion first-half revenue
Published on 09/04/2026 at 17:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Charles Schwab stock (US8085131050) is trading near $110.40 and the company has a market cap of $190.92 billion as of September 4, 2026. Zacks said first-half 2026 revenue rose 18 percent to a record $13.6 billion and adjusted earnings climbed 41 percent to $3.05 per share.
What Zacks highlighted
According to the Zacks article, Schwab ended July 2026 with $13.04 trillion in total client assets, 39.9 million active brokerage accounts and $58.1 billion in July core net new assets. That means the latest revenue figure comes with a second operating check point: client assets and account growth remain large enough to support the broader business mix.
The same report said daily average trades reached 10.9 million in the first half of 2026, up 46 percent year over year, while trading revenue increased 24 percent to $2.3 billion. It also put bank loan balances at $67 billion as of June 30, 2026, up 33 percent year over year.
Valuation still matters
The market view is not only about growth. Zacks said Schwab traded at 7.73 times tangible book, above the 3.32 times industry average, while shares had gained 8.4 percent year to date versus 10.9 percent for the industry.
MarketBeat showed SCHW at $109.11 at 11:41 AM Eastern and listed a market cap of $190.92 billion in a related news page on September 4, 2026. That keeps the stock close to the $110 mark even after the recent stretch of gains.
Schwab growth after a record half-year
The latest numbers point to a mix of scale, account growth and a richer product set across brokerage, banking and lending.
Crypto and lending add detail
Schwab also expanded into digital assets in 2026, with its platform now tied to Bitcoin and Ethereum and plans to add Solana, Avalanche and Chainlink. That move matters because it places a growth story next to the existing brokerage and banking base instead of depending on a single fee stream.
For a representative product angle, the Schwab brokerage platform is now the main way the firm monetizes trading, asset management and advisory flows across tens of millions of accounts.
Stock level to watch
As of September 4, 2026, Schwab stock was trading around $109 to $110, with a market cap near $190.92 billion. The share price sits close to that level while investors weigh 7.73 times tangible book against first-half 2026 revenue of $13.6 billion and adjusted EPS of $3.05.
Charles Schwab stock facts
- Company: Charles Schwab Corporation
- ISIN: US8085131050
- Ticker: SCHW
- Trading venue: NYSE
- Price (as of September 4, 2026, 11:41 AM Eastern): USD 109.11
- Market capitalization: USD 190.92 billion (as of September 4, 2026)
- Sector / Industry: Financials / Capital Markets
- Index membership: S&P 500
