Charles Schwab (SCHW) Tops Q4 EPS by 3c

Go back to Charles Schwab (SCHW) Tops Q4 EPS by 3c

Schwab Reports Fourth Quarter Earnings Per Share of $.57 GAAP, $.74 Adjusted (1), Bringing Full-Year Results to $2.12 and $2.45, Respectively

January 19, 2021 8:45 AM EST

Core Net New Assets Rise 33% to a Record $281.9 Billion for the Year, Including $61.7 Billion in December

Total Client Assets Reach a Record $6.69 Trillion at Year-End, Up 66%

WESTLAKE, Texas--(BUSINESS WIRE)-- The Charles Schwab Corporation announced today that its net income for the fourth quarter of 2020 was $1.1 billion, compared with $698 million for the third quarter of 2020, and $852 million for the fourth quarter of 2019. Net income for the twelve months ended December 31, 2020 was $3.3 billion, compared with $3.7 billion for the year-earlier period. The companys financial results include TD Ameritrade from closing on October 6, 2020 forward, as... More