Charles Schwab Reports Strong Q2 2025 Financial Performance

Charles Schwab Corporation announced its financial results for the second quarter of 2025, highlighting significant growth across key metrics. The company reported net revenues of $5.85 billion, marking a 25% increase compared to the same period last year. This growth was driven by a 23% rise in trading revenue and a 14% increase in asset management and administration fees. Additionally, net interest revenue expanded by 30.8% year-over-year, reaching $2.82 billion. The net income for the quarter was $2.13 billion, or $1.08 per share, a 60% increase from the previous year. Adjusted earnings per share stood at $1.14, surpassing analyst expectations. Total client assets reached a record $10.76 trillion, up 14% from the prior year, with core net new assets totaling $80.3 billion, a 31% increase year-over-year. The company also added over 1 million new brokerage accounts during the quarter. These results underscore Schwab's strong position in the financial services industry, driven by diversified revenue streams and effective operational management.