Charles Schwab Reports Record Q1 Revenue Amid Market Volatility

Charles Schwab reported robust first-quarter results, with profit surging 40% and revenue climbing to a new record, driven by increased trading activity amid volatile markets and tariff-related swings. The company beat analyst expectations on both earnings and revenue, with adjusted earnings per share reaching $1.04 and revenue rising 18.1% year-over-year to $5.6 billion. Schwab also reported record net inflows to its managed-investing division and saw daily average trades jump 24% in the first quarter, exceeding forecasts. Continued volatility led to heightened client activity into April, with daily trades remaining elevated. The firm enhanced shareholder value through a dividend increase and share buybacks, and analysts maintain a favorable outlook, with consensus ratings suggesting the stock will outperform. Schwab’s leadership emphasized that investors are turning to the firm to navigate market uncertainty.