Charles Schwab (SCHW) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - The Charles Schwab Corporation reported a revenue of $5.6 billion for the quarter ended March 2025, marking an 18.1% increase year-over-year, with an EPS of $1.04 compared to $0.74 in the same quarter last year, exceeding the Zacks Consensus Estimate of $5.52 billion by 1.48% and delivering an EPS surprise of 4% [1] Financial Performance Metrics - Total client assets reached $9,929.7 billion, slightly below the average estimate of $10,139.62 billion from seven analysts [4] - The net interest margin was reported at 2.5%, aligning with the average estimate based on six analysts [4] - Daily average trades totaled 7.39 million, surpassing the average estimate of 6.78 million from five analysts [4] - Average interest-earning assets were $427.27 billion, slightly above the average estimate of $426.55 billion from five analysts [4] Revenue Breakdown - Net interest revenue was $2.71 billion, exceeding the average estimate of $2.62 billion from eight analysts, representing a year-over-year increase of 21.2% [4] - Asset management and administration fees generated $1.53 billion, slightly above the average estimate of $1.52 billion from seven analysts, reflecting a 13.5% year-over-year change [4] - Other net revenues amounted to $210 million, surpassing the average estimate of $176.64 million from seven analysts, with a year-over-year increase of 32.1% [4] - Bank deposit account fees were reported at $245 million, below the average estimate of $255.68 million from seven analysts, with a year-over-year increase of 33.9% [4] - Trading revenue was $908 million, slightly below the average estimate of $919.52 million from seven analysts, with an 11.1% year-over-year increase [4] - Mutual Fund OneSource and other non-transaction fee funds generated $222 million, exceeding the average estimate of $216.19 million from three analysts, reflecting a 6.2% year-over-year increase [4] - Schwab equity and bond funds, ETFs, and collective trust funds (CTFs) generated $122 million, slightly below the average estimate of $126.13 million from three analysts, with a 14% year-over-year increase [4] - Schwab money market funds generated $418 million, exceeding the average estimate of $410.17 million from three analysts, representing a 24.4% year-over-year increase [4]