Charles Schwab Beat Expectations

Charles Schwab (SCHW) reported earnings of $1.04 per share on revenue of $5.60 billion for the first quarter ended March 2025. The consensus earnings estimate was $1.00 per share on revenue of $5.45 billion. The Earnings Whisper number was $1.03 per share. The company beat expectations by 0.97% while revenue grew 18.12% on a year-over-year basis.

Charles Schwab Corp is a savings and loan holding company, which through its subsidiaries is engaged in securities brokerage, banking and related financial services. It operates in two segments namely Investor Services and Advisor Services.