Charles Schwab said that for Q1 2025, total net revenues were $5,599 million, net income was $1,909 million, and diluted earnings per share were $.99. Net revenues increased 18% year-over-year, and net income increased 40% from $1,362 million in the prior-year period.

1. 01

   Charles Schwab said that for Q1 2025, total net revenues were $5,599 million, net income was $1,909 million, and diluted earnings per share were $.99. Net revenues increased 18% year-over-year, and net income increased 40% from $1,362 million in the prior-year period.

2. 02

   The company said adjusted net income, excluding $130 million of pre-tax transaction-related costs, was $2.0 billion, and adjusted earnings per share was $1.04. This is a non-GAAP measure, representing a 41% increase from adjusted earnings per share of $.74 in the prior-year quarter.

3. 03

   Charles Schwab said core net new assets for Q1 were $137.7 billion, representing a 5.5% annualized growth rate. It also said total client assets increased 9% year-over-year to $9.93 trillion.

4. 04

   The company said Bank Supplemental Funding declined $11.8 billion during Q1 to $38.1 billion at the end of March. It also increased the quarterly common dividend by 8% to $.27 per share and repurchased 19.2 million shares of common stock for $1.5 billion.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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