Charles Schwab(US:SCHW) 智通财经网·2025-10-16 13:02Core Viewpoint - Charles Schwab (SCHW.US) reported better-than-expected Q3 earnings, driven by a significant increase in retail investor activity, with net new assets reaching $134.4 billion, a 48% year-over-year increase, surpassing analyst expectations of $130.2 billion [1] Group 1: Financial Performance - The company's net revenue for the quarter was $6.1 billion, a 27% increase compared to the same period last year, exceeding market expectations of $5.95 billion [1] - Net profit reached $2.4 billion, a substantial 67% increase year-over-year, with earnings per share (EPS) at $1.26, and adjusted EPS at $1.31, both surpassing market expectations of $1.24 [1] Group 2: Retail Investor Trends - Retail investor interest in wealth management has positively impacted the company, with new brokerage account openings exceeding 1 million for four consecutive quarters [1] - The demand for private equity investments among retail investors is increasing, prompting the company to explore more investment channels for its clients [1] Group 3: Business Expansion - The company is expanding its digital business while also increasing investments in physical branches, announcing the addition of 16 new branches and the expansion or relocation of 25 existing locations [2] - Following the earnings report, the company's stock price rose over 3%, and it has initiated a $20 billion stock buyback plan, having repurchased $2.7 billion worth of shares in Q3 [2]