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Charles Schwab's quarterly revenue surged 16% to a record $6.48 billion.
Charles Schwab posted record first-quarter revenue of $6.48 billion, up 16% year-over-year.
KEY POINTS
- Daily average trading volume at Schwab rose 34% to a record 9.9 million trades.
- Clients added 1.3 million new brokerage accounts and $140 billion in net new assets in Q1.
- Schwab's net income for Q1 2026 was $2.48 billion, up from $1.91 billion the previous year.
COMPANIES
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