ICYMI:Charles Schwab to offer BTC & ETH trading@CharlesSchwab manages ~$10 trillion in client assets https://t.co/yaqfAokBOT ...

Well, we've we've our clients are invested in crypto today. In fact, our clients hold more than 20% of the exchange traded product crypto ET uh crypto in the uh in the entire industry. So, they're they're invested.It's still only about 25 billion out of the 108 trillion that our clients have. So, it's still relatively small, but we our clients own a big part of the market. We also anticipate launching Bitcoin and Ether uh sometime soon so that our clients have access to that and and we think that'll be an a ...

CHARLES SCHWAB TO LAUNCH CRYPTO TRADINGYOU CAN SIMPLY TRADE YOURSELF AND CUSTODY YPUR OWN ASSETS https://t.co/VYhwAQz50U ...

Take a look at shares of Charles Schwab on the move today. Retreating a bit, but they did hit all-time highs earlier this morning following a beat on the top and bottom lines and still up almost 2%. The company pointing to accelerating asset growth and expanding its digital offerings with plans to launch spot Bitcoin trading.We've got a lot to talk about now in the CNBC exclusive with Charles Schwab CEO Rick Worster. Rick, welcome back. It's good to have you Sarah. Nice to see you.So, so double-digit growth ...

At Cash Flow Club , we focus on businesses with strong cash generation, ideally with a wide moat and significant durability. When these companies are bought at the right time, that can be highly rewarding for us. If you are interested in joining our community, start right here !The Charles Schwab Corporation (NYSE: SCHW ) reported strong earnings results on Friday, which made its shares rise higher. The company has delivered an appealing performance over the last year, both operationally and when it comes t ...

Group 1 - Charles Schwab Corp (NYSE:SCHW) is trading at record highs, up 4.6% at $97.50 following better-than-expected second-quarter results [1] - Earnings per share were $1.14, exceeding estimates of $1.09, while revenue reached a record $5.85 billion, surpassing estimates of $5.73 billion [1] - The company opened over 1 million new brokerage accounts this quarter, gathering $80.3 billion in new core assets [1] Group 2 - SCHW has seen a 31% year-to-date increase, supported by the 40-day moving average [2] - Options trading activity is high, with 21,000 calls and 13,000 puts exchanged, which is 8 times the typical volume [2] - The most popular options contract is the July 95 put, with new positions being bought to open [2] Group 3 - The stock has a Schaeffer's Volatility Scorecard (SVS) of 84 out of 100, indicating it has tended to outperform volatility expectations [3]

Core Insights - Charles Schwab's second-quarter 2025 adjusted earnings per share (EPS) reached $1.14, exceeding the Zacks Consensus Estimate of $1.09, and reflecting a 56% year-over-year increase [1][8] - The company's shares rose nearly 2.4% in pre-market trading due to better-than-expected results driven by market volatility and higher interest rates [1] Financial Performance - The asset management business and trading revenues significantly contributed to the results, alongside higher net interest revenues (NIR) and an increase in brokerage accounts [2] - Quarterly net revenues were reported at $5.85 billion, a 25% increase year over year, surpassing the Zacks Consensus Estimate of $5.70 billion [3][8] - Total non-interest expenses increased by 4% to $3.05 billion, while adjusted total expenses rose 5% year over year to $2.92 billion [3] Profitability Metrics - The pre-tax profit margin improved to 47.9% from 37.2% in the prior-year quarter [4] - Average interest-earning assets grew almost 1% to $422.7 billion, slightly above the estimate of $421.7 billion [4] - The annualized return on equity reached 19%, up from 14% in the prior-year quarter [4] Client Metrics - As of June 30, 2025, total client assets hit a record $10.76 trillion, marking a 14% year-over-year increase [5] - The company attracted $73.6 billion in net new assets during the quarter and added 1.1 million new brokerage accounts, bringing the total to 37.5 million active brokerage accounts [5][8] Shareholder Actions - During the reported quarter, Schwab repurchased 3.9 million shares for $351 million [6] Strategic Outlook - A decline in funding costs and lower rates are expected to support Schwab's margins, along with strategic acquisitions and increased advice solution fees [7] - However, rising expenses and macroeconomic challenges may pose risks to future performance [7]

Financial Performance - Charles Schwab Corporation reported quarterly earnings of $1.14 per share, exceeding the Zacks Consensus Estimate of $1.09 per share, and up from $0.73 per share a year ago, representing an earnings surprise of +4.59% [1] - The company posted revenues of $5.85 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.64%, compared to $4.69 billion in the same quarter last year [2] - Over the last four quarters, Charles Schwab has consistently surpassed consensus EPS and revenue estimates [2] Stock Performance - Charles Schwab shares have increased approximately 25.8% since the beginning of the year, significantly outperforming the S&P 500's gain of 7.1% [3] - The current consensus EPS estimate for the upcoming quarter is $1.12 on revenues of $5.73 billion, and for the current fiscal year, it is $4.43 on revenues of $22.95 billion [7] Industry Outlook - The Financial - Investment Bank industry, to which Charles Schwab belongs, is currently ranked in the top 15% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]

Summary of Charles Schwab (SCHW) 2025 Update / Briefing Company Overview - **Company**: Charles Schwab (SCHW) - **Date of Update**: July 18, 2025 - **Key Speakers**: Rick Worcester (President and CEO), Mike Pradeshi (CFO), Jeff Edwards (Head of Investor Relations) Key Industry Insights - **Core Net New Assets**: Reached $218 billion in the first half of 2025, up 39% year-over-year [4][23] - **New Brokerage Accounts**: 1.1 million new accounts opened in Q2 2025, an 11% increase from 2024 [10] - **Daily Average Trades**: Increased to 7.6 million in Q2 2025, a 38% year-over-year growth [11][25] - **Margin Balances**: Reached $83.4 billion, following record trading days [5][28] - **Revenue Growth**: Total revenue for Q2 2025 was $5.9 billion, up 25% year-over-year [11][25] - **Earnings Per Share**: Adjusted EPS for Q2 2025 was $1.14, a 56% increase from the previous year [11][27] Strategic Focus Areas 1. **Client Engagement**: Schwab is deepening relationships with clients, leading to increased engagement across wealth, banking, trading, and asset management [5][9] 2. **Digital Assets**: Schwab is a leader in crypto ETPs with over $25 billion in client assets, representing about 20% of the total market. Plans to launch spot trading for Bitcoin and Ethereum are underway [15][42] 3. **Growth Initiatives**: The company is focused on attracting net new assets and enhancing client services through various strategic initiatives, including the launch of new products and capabilities [16][21] Financial Performance Highlights - **Revenue Drivers**: - Net interest revenue increased by 31% year-over-year due to reduced high-cost borrowings and increased client transactional activity [25] - Asset management and administration fees reached $1.6 billion, a 14% increase year-over-year [25] - **Expense Management**: Adjusted expenses were up 5% year-over-year, reflecting investments in growth and efficiency [26] - **Capital Return**: The company returned $5.3 billion in capital through dividends and stock repurchases in the first half of 2025 [30] Future Outlook - **2025 Financial Scenario**: - Anticipated total revenue growth of 18.5% to 19.5% for the full year [32] - Expected net interest margin of 2.65% to 2.75% [32] - Projected adjusted earnings in the range of $4.55 to $4.65 per share, indicating potential year-over-year growth in the high 40% range [34] - **Market Conditions**: The company is prepared to navigate a range of macroeconomic factors that may influence client cash allocations and trading volumes [29][31] Additional Insights - **Client Demographics**: A significant portion of new clients are younger investors, with nearly 60% of new to firm clients under 40 years old [14] - **AI Investments**: Schwab is investing in AI to enhance client service and operational efficiency, with 40 AI use cases in development [19] - **Tokenization and Digital Assets**: Schwab is exploring opportunities in tokenization and stablecoins, aiming to provide clients with a trusted platform for digital asset transactions [78][84] Conclusion - Schwab is positioned for continued growth through strategic investments in client services, digital assets, and operational efficiency, while maintaining a strong financial performance and capital return strategy. The company remains committed to adapting to market changes and client needs, ensuring a robust long-term trajectory.

Financial Performance - Charles Schwab's second-quarter profits increased by 60% [1] Business Activity - Surge in trading activity by Charles Schwab's brokerage customers helped lift profits [1]