SCHW

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider The Charles Schwab Corporation (SCHW). This company, which is in the Zacks Financial - Investment Bank industry, shows potential for another earnings beat. This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 2.54%. For the most recent quarter, Charles Schwab was expected to post earnings of $1.39 per share, but it reported $1.43 per share instead, representing a surprise of 2.88%. For the previous quarter, the consensus estimate was $1.36 per share, while it actually produced $1.39 per share, a surprise of 2.21%. With this earnings history in mind, recent estimates have been moving higher for Charles Schwab. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Charles Schwab currently has an Earnings ESP of +1.53%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #2 (Buy) indicates that another beat is possibly around the corner. We expect the company's next earnings report to be released on July 21, 2026. With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative Earnings ES...

The Charles Schwab Corporation (SCHW), headquartered in Westlake, Texas, operates as a savings and loan holding company. With a market cap of $158.9 billion, the company provides wealth and asset management, securities brokerage, banking, trading and research, custody, and financial advisory services. The leading financial services firm is expected to announce its fiscal second-quarter earnings for 2026 in the near term. Ahead of the event, analysts expect SCHW to report a profit of $1.50 per share on a diluted basis, up 31.6% from $1.14 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. Mark Cuban Says There Are Some ‘Greedy Blood-Sucking Business People That Will Do Anything for a Dollar’ But ‘Eat the Rich’ Only Helps Politicians Stocks Rally Before the Open on Upbeat Micron Earnings, U.S. PCE Inflation Data in Focus Stocks Settle Mixed on Apple Weakness and Chipmaker Strength Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For the full year, analysts expect SCHW to report EPS of $6.14, up 26.1% from $4.87 in fiscal 2025. Its EPS is expected to rise 17.9% year over year to $7.24 in fiscal 2027. SCHW stock has underperformed the S&P 500 Index’s ($SPX) 20.8% gains over the past 52 weeks, with shares down marginally during this period. Similarly, it underperformed the State Street Financial Select Sector SPDR ETF’s (XLF) 4% gains over the same time frame. SCHW has trailed the broader market, driven by weaker net interest income as clients reallocated cash from low-yield sweep accounts to higher-yield options. Additionally, elevated funding costs and deposit competition have kept investors wary of margin pressure. Furthermore, Schwab missed the AI-driven momentum that lifted many tech leaders, which widened its performance gap versus the market. Analysts’ consensus opinion on SCHW stock is reasonably bullish, with a “Moderate Buy” rating overall. Out of 23 analysts covering the stock, 13 advise a “Strong Buy” rating, four suggest a “Moderate Buy,” five give a “Hold,” and one recommends a “Moderate Sell.” SCHW’s average analyst price target is $115.05, indicating a potential upside of 28.6% from the current levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any o...

WESTLAKE, Texas, June 24, 2026--(BUSINESS WIRE)--The Charles Schwab Corporation (CSC or Schwab) announced today that it has received the results of the Federal Reserve’s 2026 Comprehensive Capital Analysis and Review (CCAR). These results included the Federal Reserve’s estimate of Schwab’s minimum capital ratios under the supervisory severely adverse scenario for the nine-quarter horizon beginning December 31, 2025 and ending March 31, 2028. Earlier this year, the Federal Reserve voted to maintain the current stress capital buffer requirements until 2027. Therefore, Schwab’s stress capital buffer (SCB) remains at the 2.5% minimum. Schwab’s Common Equity Tier 1 (CET1) ratio of 26.3% as of March 31, 2026 was well in excess of the regulatory minimum of 4.5% combined with the SCB of 2.5% due to the relatively low risk nature of our balance sheet assets. Schwab ended the first quarter of 2026 with a consolidated Tier 1 Leverage Ratio of 8.9%, down from 9.3% at year-end 2025. CFO Mike Verdeschi commented, "Our CCAR results highlight the strength of Schwab’s capital position and diversified business model. Our principles-based approach to managing the balance sheet establishes a foundation of safety and soundness from which we support our clients’ evolving needs across different environments and deliver profitable growth through-the-cycle." Forward-looking Statements This press release contains forward-looking statements relating to the company’s diversified business model, business results, growth, capital ratios, and balance sheet management. These forward-looking statements reflect management’s expectations as of the date hereof. Achievement of these expectations and objectives is subject to risks and uncertainties that could cause actual results to differ materially from the expressed expectations. Important factors that may cause such differences include actual economic and financial conditions, the accuracy of management’s modeling and estimation techniques, and other factors described in the company’s most recent reports on Form 10-K and Form 10-Q, which have been filed with the Securities and Exchange Commission and are available on the company’s website (https://www.aboutschwab.com/financial-reports) and on the Securities and Exchange Commission’s website (https://www.sec.gov). The company makes no commitment to update any forward-looking statements. About...

Charles Schwab Corp (SCHW) said Wednesday its stress capital buffer will remain at the regulatory mi

(Bloomberg) -- Micron Technology Inc.’s earnings report on Wednesday afternoon is shaping up to be one of the most important in months as investors find themselves suddenly on edge over the sustainability of the AI rally. Most Read from Bloomberg Stocks Slide as Wall Street Gets AI Wake-Up Call: Markets Wrap Oracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some Roles ‘FOMO Really Got Me’: Taiwanese Go Deep Into Debt to Amp 100% Stock Rally SpaceX Falls for Third Day, Erases $600 Billion in Market Value Korean Stocks Tumble 10% as Extreme Volatility Rattles Investors The memory-chip maker’s shares have soared 269% this year amid insatiable demand from data-center developers. The gain has made Micron the biggest point contributor by far to the 7.6% advance in the S&P 500, whose leader board is dominated by other memory and storage companies including Sandisk Corp., Western Digital Corp. and Seagate Technology Holdings Plc. But concerns are mounting about how much longer the good times can last. Semiconductor stocks around the world tumbled on Tuesday following a report out of South Korea that Micron rival SK Hynix is slowing expansion of AI memory chip production. In the US, Micron shares dropped 13%, leading the Philadelphia Stock Exchange Semiconductor Index to its worst decline since June 5. That’s putting extra attention on what Micron has to say about the outlook for AI demand. “Any disappointment with Micron’s results could reinforce the waterfall dynamic, but a clean print could draw buyers back into the space,” said Joe Mazzola, head trading and derivatives strategist at Charles Schwab. A geyser of cash coming from tech giants locked in a race to add data-center capacity has made the makers of computing components and equipment the year’s best performing stocks. Micron alone accounts for nearly one-fifth of the S&P 500’s gain in 2026 and seven of the 10 biggest point contributors are semiconductor-related stocks. So far, there are no signs that the flow of money is slowing. The biggest spenders — Alphabet Inc., Microsoft Corp., Amazon.com Inc. and Meta Platforms Inc. — are planning to deploy as much as $725 billion on capital expenditures in 2026 and have pledged significantly more outlays next year. But that hasn’t entirely quelled fears that the boom is just setting investors up for a bust when spending cools, a dynamic that has played out in pa...

Looking back on investment banking & brokerage stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including Charles Schwab (NYSE:SCHW) and its peers. Investment banks and brokerages facilitate capital raises, mergers and acquisitions, and securities trading. The sector benefits from corporate activity during economic expansion, increased retail trading participation, and advisory opportunities in emerging sectors. Headwinds include economic cycle vulnerability affecting deal flow, compressed trading commissions due to electronic platforms, and regulatory capital requirements constraining certain higher-risk activities. The 15 investment banking & brokerage stocks we track reported a mixed Q1. As a group, revenues beat analysts’ consensus estimates by 0.8% while next quarter’s revenue guidance was in line. While some investment banking & brokerage stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 1.4% since the latest earnings results. Founded in 1971 as a disruptive force challenging Wall Street's high fees and limited access, Charles Schwab (NYSE:SCHW) is a wealth management and brokerage firm that provides investment services, banking, and financial advice to individual investors and independent advisors. Charles Schwab reported revenues of $6.48 billion, up 15.8% year on year. This print was in line with analysts’ expectations, but overall, it was a mixed quarter for the company with a beat of analysts’ EPS estimates but a slight miss of analysts’ EBITDA estimates. Unsurprisingly, the stock is down 2.8% since reporting and currently trades at $90.03. Is now the time to buy Charles Schwab? Access our full analysis of the earnings results here, it’s free. Founded in 1995 as a boutique advisory firm focused on independence and client trust, Evercore (NYSE:EVR) is an independent investment banking firm that provides strategic advisory, capital markets, and wealth management services to corporations, financial sponsors, and high-net-worth individuals. Evercore reported revenues of $1.40 billion, up 100% year on year, outperforming analysts’ expectations by 16.6%. The business had an incredible quarter with a beat of analysts’ EPS estimates and a solid beat of analysts’ revenue estimates. Evercore achieved the biggest analyst estimates beat and fastest revenue growth among it...

LPL Financial Holdings Inc.’s LPLA first-quarter 2026 adjusted earnings of $5.60 per share topped the Zacks Consensus Estimate of $5.49. Adjusted earnings rose 9% year over year. Quarterly revenues came in at $4.97 billion, up 35.4% from the year-ago quarter. The top line marginally missed the consensus estimate of $4.98 billion. The quarter reflected continued scale benefits, highlighted by a rise in revenues and growth in total client assets. An increase in expenses hampered the results to some extent. Advisory revenues soared 55% year over year to $2.62 billion, remaining the largest contributor to the top line. Commissions also grew, with total commissions rising 14% to $1.19 billion, supported by gains in both sales-based and trailing activity compared with the prior-year period. Asset-based revenues totaled $820.8 million, up 18% year over year, as client cash revenue climbed 14% to $445.3 million and other asset-based revenues advanced 24% to $375.5 million. Service and fee revenues surged 45% to $211.0 million, while transaction revenues improved 19% to $80.5 million, reflecting higher activity levels and continued expansion in the advisor and account base. LPL Financial’s gross profit rose 25% from a year ago to $1.59 billion, benefiting from the sharp increase in advisory revenues and improved attachment revenue streams. The strength in gross profit was an important driver behind the adjusted earnings beat and helped offset ongoing investment spending across the platform. LPLA’s production-based payout totaled $3.32 billion, reflecting continued growth in advisor activity and the economics tied to advisory and commission revenues. The payout rate was 87.22%, up from 86.75% in the year-ago quarter, pointing to a modestly higher payout as the business scales, even as gross profit expanded meaningfully. Total expenses increased 37% year over year to $4.45 billion, illustrating the cost of supporting rapid growth and onboarding-related activity. Advisory and commission expenses climbed 40% to $3.29 billion, consistent with the higher revenue base generated in the quarter. Beyond production-related costs, several corporate expense categories moved higher. Additionally, core G&A increased 29% to $532.0 million, highlighting continued investment in capabilities and scale initiatives. LPL Financial ended the quarter with $2.34 trillion of total client asse...

Robinhood Markets’ HOOD shares have declined 13.2% since the announcement of first-quarter 2026 results on Tuesday after market close. Quarterly performance was weaker-than-expected, with both top and bottom line missing the Zacks Consensus Estimate. The primary reason for the disappointing numbers was the crypto market's poor performance in the first quarter. The breakdown of HOOD’s transaction-based revenues revealed a 47% year-over-year decline in cryptocurrency transaction revenues. While the overall crypto notional trading volume of $65.7 billion soared 42.5%, subdued volumes on the Robinhood app (down 48.4%) dragged the related revenues lower. Muted crypto volumes do not appear to be a temporary setback. The crypto market has remained under pressure since the fourth quarter of 2025, with several major cryptocurrencies, including Bitcoin, now trading well below their all-time highs. This prolonged weakness has weighed on client activity, reducing trading volumes and, in turn, lowering Robinhood’s transaction-based revenues from its crypto business. Although HOOD has diversified its revenue streams across event contracts, equities and options trading, card services, banking and other offerings, investors continue to view it largely as a digital assets trading platform. This perception remains a key overhang, as weakness in crypto trading activity tends to weigh on sentiment toward the stock and overshadow progress in its broader business. Over the past six months, shares of HOOD have tanked 51.5% against 2.6% rally for the industry. Its close peers, Interactive Brokers Group IBKR and Charles Schwab SCHW have fared better in the same time frame. 6-Month Price Performance Image Source: Zacks Investment Research Robinhood’s crypto push, through tokenization, platform upgrades and EU expansion, is expected to support revenue growth and improve cost efficiency over time. The company is pursuing MiCA licenses to offer crypto services across the European Economic Area, while its Bitstamp acquisition and pending WonderFi deal further strengthen its digital assets strategy. As HOOD broadens its crypto offerings, revenues could benefit from rising investor interest in digital assets. The expanded platform may also support cross-selling into subscriptions, cash and other services. However, the recent selloffs in cryptocurrencies are likely to weigh on transaction a...

WESTLAKE, Texas, April 23, 2026--(BUSINESS WIRE)--The Board of Directors of The Charles Schwab Corporation at its meeting today declared a regular quarterly cash dividend of $0.32 per common share. The dividend is payable May 22, 2026 to stockholders of record as of the close of business on May 8, 2026. In addition, the Board of Directors also declared dividends on the following series of outstanding preferred stock, payable June 1, 2026 to stockholders of record as of the close of business on May 15, 2026: About Charles Schwab The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with 39.1 million active brokerage accounts, 5.8 million workplace plan participant accounts, 2.3 million banking accounts, and $11.77 trillion in client assets. Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, https://www.sipc.org), and its affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent, fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services™. Its primary banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at https://www.aboutschwab.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260423126142/en/ Contacts MEDIA: Mayura Hooper Charles Schwab Phone: 415-667-1525 INVESTORS/ANALYSTS: Jeff Edwards Charles Schwab Phone: 817-854-6177

Charles Schwab’s first quarter results reflected broad-based client engagement and continued expansion across its wealth, trading, and banking platforms. Management attributed performance to strong net new asset inflows, robust activity in managed investing, and record daily average trading volumes despite heightened market volatility. CEO Richard Wurster highlighted that “clients opened 1.3 million brokerage accounts, up 10% over last year,” and emphasized the firm’s commitment to meeting investor needs in uncertain environments. Additionally, the launch of new account offerings for younger investors and the integration of recent acquisitions contributed to Schwab’s momentum during the quarter. Is now the time to buy SCHW? Find out in our full research report (it’s free). Revenue: $6.48 billion vs analyst estimates of $6.50 billion (15.8% year-on-year growth, in line) Adjusted EPS: $1.43 vs analyst estimates of $1.40 (2.5% beat) Adjusted EBITDA: $3.79 billion vs analyst estimates of $3.83 billion (58.5% margin, 1% miss) Operating Margin: 49.2%, up from 43.8% in the same quarter last year Market Capitalization: $159.4 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Steven Chubak (Wolfe Research) asked about the outlook for net interest margin given changing rate expectations. CFO Mike Verdeschi replied that a “higher-for-longer” rate environment and continued client engagement could provide upside to previous margin scenarios. Kenneth Worthington (JPMorgan) inquired about Schwab’s approach to ETF platform monetization. CEO Richard Wurster stated the company is finalizing negotiations with asset managers and expects to have an ETF monetization strategy in place by year-end, with greater economics from active ETFs. Brennan Hawken (BMO Capital) questioned Schwab’s response to competitors’ cash management tools. Wurster pointed to upcoming AI-driven “agentic” capabilities that will streamline cash movement and highlighted Schwab’s flexibility in monetizing its platform. Michael Brown (UBS) asked about the strategic objective for Schwab Crypto. Wurster emphasized client demand, consolidation of financial assets,...

Raymond James’ RJF second-quarter fiscal 2026 (ended March 31) adjusted earnings of $2.83 per share beat the Zacks Consensus Estimate of $2.76. Also, the bottom line increased 16.9% from the prior-year quarter. Results benefited primarily from an increase in revenues to record levels. Robust growth in assets under administration balances further supported results. However, an increase in expenses was a headwind. Net income available to common shareholders (GAAP basis) was $542 million or $2.72 per share, up from $493 million or $2.36 in the prior-year quarter. Net revenues were a record $3.86 billion, up 13.4% year over year. The top line beat the Zacks Consensus Estimate of $3.75 billion. Segment-wise, in the reported quarter, the Private Client Group recorded 13% year-over-year growth in net revenues. Asset Management’s net revenues also rose 13%, while Capital Markets’ top line increased 17%. Bank registered a rise of 12% from the prior year's net revenues, while Others recorded negative revenues. Non-interest expenses jumped 14.3% from the prior-year quarter to $3.12 billion. The increase was due to a rise in all cost components except for bank loan provision for credit losses. As of March 31, 2026, client assets under administration were $1.76 trillion, up 15% from the prior-year period. Financial assets under management of $282.4 billion grew 15% year over year. As of March 31, 2026, Raymond James had total assets of $91.9 billion, up 3% from the prior-quarter end. Total common equity was $12.6 billion, up 1% from the previous quarter. Book value per share was $64.58, up from $59.74 as of March 31, 2025. As of March 31, 2026, the total capital ratio was 24%, down from 24.8% as of March 31, 2025. The Tier 1 capital ratio was 22.9% compared with 23.5% as of March 31, 2025. Return on common equity (annualized basis) was 17.3% at the end of the reported quarter compared with 16.4% a year ago. In the reported quarter, RJF repurchased shares worth $400 million at an average price of $155 per share. As of March 31, 2026, $1.5 billion remained available under the repurchase authorization. Raymond James’ global diversification efforts, along with its strategic acquisitions (completed the buyout of a majority interest in GreensLedge Holdings in March 2026 and announced a deal to acquire Clark Capital Management Group in January), are expected to keep supporting...

Robinhood Markets HOOD is set to announce first-quarter 2026 results on April 28 after market close. Robinhood’s 2025 performance was impressive. Results benefited substantially from higher trading activity across all asset classes amid heightened volatility. Also, higher net interest revenues, a surge in Gold subscribers and an improvement in Monthly Active Users (MAU) were tailwinds. This largely supported the top line, which soared 52% year over year. HOOD is expected to have witnessed solid revenue growth in the first quarter as well. The Zacks Consensus Estimate for sales of $1.17 billion suggests a 26.1% surge on a year-over-year basis. Robinhood has an impressive earnings surprise history. The company’s earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, with the average beat being 19.8%. Earnings Surprise Image Source: Zacks Investment Research In the past week, the consensus estimate for earnings has remained unchanged at 41 cents. This indicates a rise of 10.8% from the prior-year quarter. HOOD’s Earnings Estimates Image Source: Zacks Investment Research Is now the correct time to buy HOOD stock, or should you wait after its earnings release? Let’s see how things are shaping up before this announcement. Revenues: During the first quarter, client activity was robust, driven by heightened volatility. Hence, Robinhood’s transaction revenues are expected to have increased like its peers, Interactive Brokers IBKR and Charles Schwab SCHW. Interactive Brokers, which released first-quarter results on April 21, witnessed a 19% year-over-year rise in commissions. Likewise, Schwab, which announced quarterly numbers on April 16, recorded 20% growth in trading revenues. The Zacks Consensus Estimate for HOOD’s transaction-based revenues is pegged at $658 million, indicating a 12.8% increase from the prior-year quarter. This is likely to have been driven by higher options and equity transaction revenues, while cryptocurrencies transaction revenues are likely to have been subdued due to a sell-off in Bitcoin during the reported quarter. The consensus estimate for options transaction revenues is $277.3 million, suggesting 15.6% growth. Further, the Zacks Consensus Estimate for equity and cryptocurrencies transaction revenues is pegged at $82.7 million and $156.2 million, respectively. Equity transaction revenues are projected to su...