Charles Schwab reported FY 2025 results with total net revenues of USD 23.9 billion (+22%), net interest revenue of USD 11.8 billion (+28%), asset management and administration fees of USD 6.5 billion (+14%), trading revenue of USD 3.9 billion (+20%), and bank deposit account fees of USD 977 million (+34%). Net income was USD 8.9 billion (+49%), with net income available to common stockholders of USD 8.4 billion (+54%) and diluted EPS of USD 4.65 (+56%); pre-tax profit margin was 47.9% and return on average common stockholders’ equity was 21%. Total expenses excluding interest were USD 12.5 billion (+5%), and Schwab said it expects FY 2026 total expenses excluding interest to rise about 5.5% to 6.5% from FY 2025, with Forge-related operating and integration costs additional to that range. Client and business metrics for FY 2025 included net new client assets of USD 498.6 billion (+38%) and core net new client assets of USD 519.4 billion (+42%); year-end client assets were USD 11.9 trillion (+18%). New brokerage accounts totaled 4.7 million (+13%), with 38.5 million active brokerage accounts at year-end (+6%), and daily average trades were 7.7 million (+31%). Schwab also highlighted a planned acquisition of Forge, valued at about USD 660 million, expected to close in March 2026 subject to customary conditions, including regulatory approvals. On capital actions, Schwab repurchased USD 7.3 billion of common stock in FY 2025, increased its quarterly common dividend to USD 0.27 per share, redeemed USD 2.5 billion of Series G preferred stock, and ended FY 2025 with a consolidated Tier 1 Leverage Ratio of 9.3% (9.9% at year-end 2024).
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Charles Schwab Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000316709-26-000009), on February 25, 2026, and is solely responsible for the information contained therein.
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