The company said net income for Q1 2026 was $2.5 billion, up 30% from a year earlier. Diluted earnings per share were $1.37 and adjusted diluted earnings per share were $1.43, both up 38% from a year earlier.

1. 01

   The company said net income for Q1 2026 was $2.5 billion, up 30% from a year earlier. Diluted earnings per share were $1.37 and adjusted diluted earnings per share were $1.43, both up 38% from a year earlier.

2. 02

   Charles Schwab said total net revenues for Q1 2026 were $6.5 billion, up 16% from a year earlier. Net interest revenue was $3.1 billion, up 16%, asset management and administration fees were $1.8 billion, up 15%, and trading revenue was $1.1 billion, up 20%.

3. 03

   The company said it completed its acquisition of Forge Global Holdings, Inc. on March 2, 2026 for cash and other consideration of $636 million. The company said its condensed consolidated financial statements include Forge's financial condition and results of operations beginning on March 2, 2026.

4. 04

   Charles Schwab said it repurchased 24.3 million common shares for $2.4 billion on Q1 2026, and that about $12.1 billion remained under the $20 billion authorization. The company said its consolidated Tier 1 Leverage Ratio fell from 9.3% at year-end 2025 to 8.9% on March 31, 2026.

Key figures

Quarter ended March 31, 2026

Revenue

$6.5B

Net income

$2.5B

EPS

$1.37

Operating cash flow

$7.3B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.