1 week ago

Charles Schwab (SCHW) Stock: Slides as Q3 Revenue Surges 17% to $7.2B

TLDR SCHW stock slides 5.05% to $91.91 despite its strong third-quarter earnings. Schwab’s Q3 revenue jumps 17% to $7.2 billion as net income hits $2.9 billion. Client assets climb 15% to $13.33 trillion as new inflows reach $190.4 billion. Schwab adds 1.2 million brokerage accounts, lifting the total to 48.6 million. Schwab expands AI offerings [...]

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Source: Blockonomi →