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Charles Schwab posts record first-quarter profit.
Charles Schwab will launch spot crypto trading for retail clients in the coming weeks.
KEY POINTS
- The new crypto offering will include trading for bitcoin and ethereum.
- Schwab posted a record $2.48 billion in net income for Q1 2026, up 30% year-over-year.
- Daily average trading volume at Schwab reached a record 9.9 million, a 34% increase from last year.
- Clients brought $140 billion in net new assets and opened 1.3 million new accounts in Q1.
COMPANIES
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