Client asset inflows strong, trading revenue retreats quarter-over-quarter, Charles Schwab (SCHW.US) Q3 results show divergence

Zhito Finance APP has learned that Charles Schwab (SCHW.US) released its Q3 2026 financial report before market open on October 15. Net revenue for the quarter was $7.171 billion, up 17% year-over-year and 1% quarter-over-quarter, a record high, but slightly below the market expectation of $7.18 billion; adjusted earnings per share were $1.69, up 29% year-over-year, above the market expectation of $1.65; under GAAP, net income was $2.906 billion and diluted earnings per share were $1.62, up 29% year-over-year.