Week’s Best: Schwab’s Assets and Profits Keep Climbing
Charles Schwab slightly missed analyst expectations with its fourth-quarter earnings report Wednesday, but the stock rose anyway. Investors likely were cheered by strong growth in earnings, revenue, and new assets. Core net new assets were $163.9 billion for the quarter, and total client assets grew to $11.9 trillion. Schwab has benefited from a surge in investor activity that creates a tailwind for the company in 2026. ...