Charles Schwab(SCHW) - 2024 Q2 - Quarterly Results

Exhibit 99.1 SCHWAB REPORTS SECOND QUARTER RESULTS Total Client Assets Reached A Record $9.4 Trillion, Up 17% Year-Over-Year Core Net New Assets Rose 17% to $61.2 Billion, Highlighting Continued Momentum WESTLAKE, Texas, July 16, 2024 – The Charles Schwab Corporation reported net income for the second quarter totaling $1.3 billion, or $.66 diluted earnings per common share. Excluding $175 million of pre-tax transaction-related and restructuring costs, adjusted net income and diluted common earnings per shar ...