Charles Schwab Profit, Revenue Up Amid Higher Trading Volumes
Core Insights - Charles Schwab reported a higher profit in the third quarter, attributing this success to record levels of revenue driven by increased trading volumes and capital inflows [1] Financial Performance - The company experienced a significant increase in revenue, reaching what it described as record levels [1] - The rise in trading volumes contributed positively to the overall financial performance [1] - Capital inflows were also a key factor in boosting revenue [1]