Charles Schwab stock holds near its 52-week high after Q2 beat
Published on 08/22/2026 at 10:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Charles Schwab Corp. (ISIN US8085131050) is trading close to its 12-month high after second-quarter 2026 adjusted earnings of $1.62 per share and revenue of $7.07 billion topped estimates, while July core net new assets reached a record $58.1 billion. A recent market snapshot showed the shares at $110.85 on August 19, 2026, with a 0.54 percent daily decline from $111.68.
Q2 numbers set the tone
The second-quarter beat matters because it came with a wide spread: adjusted EPS of $1.62 versus $1.53 expected, and revenue of $7.07 billion versus $6.90 billion expected. On a year-over-year basis, revenue rose 20.9 percent, and EPS improved from $1.14 in the same quarter of 2025.
The firm also posted a net margin of 38.79 percent and return on equity of 24.53 percent in the same reporting set, which helps explain why the stock has stayed close to its high. Market cap was listed at $189.71 billion in the same snapshot, giving the rally a large-cap backdrop rather than a speculative one.
July flow stayed strong
July 2026 added another supportive data point. Core net new assets rose 24 percent from July 2025 to $58.1 billion, total client assets reached $13.04 trillion, and 417,000 new brokerage accounts were opened during the month.
That combination is useful for investors because it ties the earnings beat to business activity rather than to one-off valuation noise. It also shows that asset gathering remained strong even after a quarter in which higher rates and cash sorting had already been well absorbed by the market.
Shares and scale
For the stock, the key level remains the $110 area, where the shares traded on August 19, 2026 and also hovered in a separate intraday snapshot around August 20, 2026. The move is notable because it came alongside a reported 12-month-high context rather than a fresh downside reset.
Schwab products
Charles Schwab's lineup still centers on brokerage, advisory, banking, and asset-management services, with products spanning cash management and fund distribution. One representative product is the Schwab Government Money Fund, which showed a 7-day yield of 3.38 percent as of August 20, 2026.
Price and market cap
As of August 19, 2026, the shares were quoted at $110.85 on the New York Stock Exchange. The same market snapshot put market cap at $189.71 billion and the prior close at $111.68.
Fact box
Company: Charles Schwab Corp.
ISIN: US8085131050
Ticker: SCHW
Exchange: NYSE
Price (as of August 19, 2026, 4:00 p.m. ET): $110.85 USD
Market cap: $189.71 billion (as of August 19, 2026)
Sector / Industry: Financials / Brokerages and wealth management
Index membership: S&P 500
