Charles Schwab Q4 revenue slightly misses estimates

Reuters01-21
Charles Schwab Q4 revenue slightly misses estimates

Overview

  • Financial services provider's Q4 revenue slightly missed analyst expectations

  • Adjusted EPS for Q4 met analyst expectations

  • Company repurchased 29.2 mln shares for $2.7 bln during the quarter

Outlook

  • Company expects continued client engagement and diversified revenue growth in 2026

  • Charles Schwab anticipates closing Forge Global acquisition in first half of 2026

Result Drivers

  • CLIENT ASSET GROWTH - Total client assets increased 18% year-over-year to a record $11.90 trillion, driven by strong net new assets and market gains

  • MANAGED INVESTING INFLOWS - Net inflows into Managed Investing solutions grew by 36% versus 2024, reflecting increased client engagement

  • TRADING REVENUE - Trading revenue increased 22% versus 4Q24 due to continued strong engagement

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Slight Miss*

$6.34 bln

$6.37 bln (11 Analysts)

Q4 Adjusted EPS

Meet

$1.39

$1.39 (16 Analysts)

Q4 EPS

$1.33

Q4 Net Income

$2.50 bln

Q4 Net Interest Margin

2.90%

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

  • The average consensus recommendation for the investment banking & brokerage services peer group is "buy"

  • Wall Street's median 12-month price target for Charles Schwab Corp is $120.00, about 18.8% above its January 20 closing price of $100.99

  • The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nBw5gY837a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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