Charles Schwab Q1 adjusted EPS beats estimates

Charles Schwab

16/04/2026 12:40

Overview

U.S. financial services provider's Q1 revenue grew 16% yr/yr, slightly missing analyst expectations

Q1 adjusted EPS rose 38% yr/yr, beating analyst expectations

Company repurchased $2.4 bln shares and raised dividend by 19%

Outlook

Company did not provide specific guidance for the current qtr or full yr in its press release

Result Drivers

CLIENT ASSET GROWTH - Schwab said strong business momentum was driven by $140 bln in core net new assets and 1.3 mln new brokerage accounts in Q1

MANAGED INVESTING & LENDING - Co said managed investing net flows grew 46% yr/yr and bank loans expanded 29%, led by Schwab Wealth Advisory

DIVERSIFIED REVENUE GROWTH - Schwab attributed record revenue to robust client engagement across wealth, trading, and lending solutions, per CFO Mike Verdeschi

Company press release: ID:nBwbgBJT6a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Miss*
$6.48 bln
$6.50 bln (14 Analysts)
Q1 Adjusted EPS
Beat
$1.43
$1.40 (17 Analysts)
Q1 EPS
$1.37
Q1 Net Income
$2.50 bln
Q1 Net Interest Margin
2.88%


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the investment banking & brokerage services peer group is "buy"

Wall Street's median 12-month price target for Charles Schwab Corp is $118.50, about 18.2% above its April 15 closing price of $100.27

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 18 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)