Charles Schwab Q2 FY26 net income climbs 32% to $2.8 billion; revenue rises 21% to $7.07 billion - SCHW News | RalliesCharles Schwab Q2 FY26 net income climbs 32% to $2.8 billion; revenue rises 21% to $7.07 billion
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SCHW• Q2 FY26 results and client asset growth
- Charles Schwab Q2 net income rose 32% to $2.8 billion; GAAP diluted EPS climbed 43% to $1.54.
- Total net revenues increased 21% to $7.07 billion, led by net interest revenue up 19% to $3.36 billion.
- Pre-tax profit margin widened 4 percentage points to 51.9%; total expenses excluding interest rose 12% to $3.4 billion.
- Core net new client assets jumped 49% to $119.8 billion; client assets rose 22% to $13.08 trillion at June 30.
- Schwab completed the $636 million Forge acquisition; began phased rollout of Schwab Crypto spot bitcoin and ether trading to retail clients.
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