Charles Schwab (SCHW) Tops Q3 EPS by 5c
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Schwab Reports Third Quarter Earnings Per Share of $.48 GAAP, $.51 Adjusted(1)
October 15, 2020 8:45 AM EDTCore Net New Assets Total $42.7 Billion, Including a Record September of $20.0 Billion
Client Assets Total $4.40 Trillion, Up 17% Year-Over-Year
SAN FRANCISCO--(BUSINESS WIRE)-- The Charles Schwab Corporation announced today that its net income for the third quarter of 2020 was $698 million compared with $671 million for the second quarter of 2020, and $951 million for the third quarter of 2019. Net income for the nine months ended September 30, 2020 was $2.2 billion, compared with $2.9 billion for the year-earlier period. The companys financial results for both the third quarter and first nine months of 2020 include certain acquisition and... More
