Schwab Q1 net revenue hits record $6.5 billion; EPS rises 38% to $1.37
The Charles Schwab Corporation reported first-quarter 2026 results for the period ended March 31, 2026. Net revenues rose 16% from a year earlier to $6.5 billion, and GAAP diluted earnings per share rose 38% to $1.37, while adjusted EPS was $1.43 after excluding $143 million of pre-tax transaction-related costs. The company also raised its quarterly dividend 19% to $.32 per share and repurchased 24.3 million shares for $2.4 billion during the quarter.
Key points
- Net revenues of $6.5 billion, up 16% from $5.6 billion in the first quarter of 2025
- GAAP net income of $2.5 billion, up 30%; GAAP diluted EPS of $1.37 versus $.99 a year earlier
- Quarterly common dividend increased 19% to $.32 per share; 24.3 million shares repurchased for $2.4 billion
- Core net new assets of $140.0 billion, including a $17.5 billion outflow from a planned mutual fund clearing client deconversion
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 16, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.