Charles Schwab stock gains on strong earnings estimates
Published on 09/18/2026 at 14:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Charles Schwab stock (ISIN US8085131055) traded at USD 104.90 on September 18, 2026, down 0.25 percent in midday trading on the Nasdaq. Yahoo Finance showed Q2 FY26 revenue of USD 7.07 billion, earnings of USD 2.68 billion and a profit margin of 37.91 percent.
Q2 numbers stay strong
On Yahoo Finance, the latest earnings history shows Charles Schwab reported USD 1.62 in EPS for Q2 FY26, above the USD 1.55 estimate by 4.55 percent, while revenue came in at USD 7.07 billion. The same screen also shows Q1 FY26 revenue of USD 6.50 billion and EPS of USD 1.43, so the second quarter marked a clear step up.
That performance matters because analysts on Yahoo Finance now model USD 7.23 billion in revenue for the current quarter ending September 2026, versus USD 6.13 billion a year earlier, and USD 1.67 in EPS, above the year-ago USD 1.31. For investors, the combination of rising sales and a 37.91 percent margin is the key arithmetic.
Guidance and ratings
According to The Globe and Mail on September 17, 2026, Truist Financial maintained a Buy rating on Charles Schwab stock, while the Street consensus sat at a Strong Buy with a USD 124.73 average price target.
MarketBeat put the consensus target at USD 121.17 on September 17, 2026, and also listed a USD 104.61 closing price and a USD 181.86 billion market cap for SCHW. The gap to the target is still meaningful, but the more immediate data point is that the stock traded below the consensus level while client assets reached USD 13.41 trillion as of August 31, 2026.
October 15 update
Charles Schwab said on September 17, 2026, that it scheduled a Fall Business Update for institutional investors on October 15, 2026, with CEO Rick Wurster and CFO Mike Verdeschi set to take part. The company also said it had 40.1 million active brokerage accounts, 5.9 million workplace plan participant accounts and 2.4 million banking accounts as of August 31, 2026.
Stock level now
Charles Schwab stock was at USD 104.90 on September 18, 2026, with MarketBeat showing a 52-week high of USD 113.06 and a 52-week low of USD 65.88. The stock's primary listing is on the NYSE, and the price sat below the consensus target cited by MarketBeat.
Charles Schwab stock at a glance
- Company: The Charles Schwab Corporation
- ISIN: US8085131055
- Ticker: SCHW
- Trading venue: NYSE
- Price (as of September 18, 2026): USD 104.90
- Market capitalization: USD 181.86 billion
- Sector / Industry: Financials / Capital Markets
- Index membership: S&P 500
