Core Insights - Charles Schwab Corporation operates as a financial holding company with a market cap of $161.2 billion, providing a range of financial services [1] - The company holds trillions in client assets, employs over 32,000 people, and serves over 36 million active brokerage accounts, aiming to disrupt traditional Wall Street practices [2] Stock Performance - SCHW reached an all-time high of $99.59 on July 29 and is currently trading 7.8% below that peak, having dropped 5.6% over the past three months, while the Dow Jones Industrial Average increased by 4.4% during the same period [3] - Over the longer term, SCHW stock has increased by 24% year-to-date and 11.6% over the past year, slightly outperforming the Dow's 11.5% gains in 2025 and 5.7% returns over the past 52 weeks [4] Financial Results - In Q3, Charles Schwab reported a 17% increase in client assets year-over-year, reaching $11.6 trillion, and generated $137.5 billion in core net new assets, bringing year-to-date asset gathering to $355.5 billion, a 41% increase year-over-year [5] - The company's net revenues grew 26.6% year-over-year to $6.1 billion, exceeding expectations by 3%, while adjusted EPS surged 70.1% year-over-year to $1.31, surpassing consensus estimates by 5.7% [6]
Is Charles Schwab Stock Outperforming the Dow?