Charles Schwab expects about 800 basis points of operating leverage in 2026
SCHW•Charles Schwab expects about 800 basis points of operating leverage in 2026. Third-quarter revenue rose 17% to $7.2 billion, while adjusted EPS increased 29% to $1.69.
1. 2026 outlook
Charles Schwab expects about 800 basis points of operating leverage in 2026, supported by robust business momentum. Its through-cycle framework targets mid-teens EPS growth, high-single-digit to low-double-digit revenue growth and positive operating leverage. The company said its 2027 outlook will depend on macroeconomic conditions, interest rates and client engagement, and that it expects to continue investing alongside positive operating leverage.
2. Third-quarter results
Third-quarter revenue rose 17% to $7.2 billion, and adjusted EPS increased 29% to $1.69.
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