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Charles Schwab Sees Profit Surge Amid Market Volatility

1/22/2026

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Story summary
  • On January 21, 2026, Charles Schwab reported a profit increase driven by higher interest income and strong trading revenue amid market volatility.
  • Net revenue rose 19% to $6.34 billion, though it fell short of analysts' expectations.
  • Schwab's net income reached $2.46 billion, up from $1.84 billion, and the firm posted core net new assets of $163.9 billion for the quarter.
  • Total asset gathering for 2025 reached $519.4 billion, up 42%.