Charles Schwab Q3 Beat Could Signal Rising Retail Trading, $134.4B Net New Assets and Branch Expansion

• Record asset inflows: $134.4 billion in net new assets for the quarter

• Daily average revenue trades surged 30% to $7.42 trillion, above forecasts

• Repurchases of 28.9 million shares worth $2.7 billion; stock reacted with a ~3% intraday gain

Schwab Q3 earnings: assets rose to $134.4B, revenue trades surged 30%—read the full breakdown and implications for investors. Published by COINOTAG.

What are Schwab’s Q3 earnings results?

Schwab Q3 earnings showed a meaningful beat as total net new assets climbed to $134.4 billion and daily average revenue trades rose 30% to $7.42 trillion, surpassing analyst expectations. The performance translated into record revenue and stronger earnings per share, supported by rising client engagement and retail inflows.

How did retail demand and business strategy drive the quarter?

Retail demand was the principal driver of the quarter, with more than 1 million new brokerage accounts opened—marking the fourth consecutive quarter above that milestone. CEO Rick Wurster cited “strengthening organic growth trends, increasing adoption of wealth solutions, and favorable macroeconomic tailwinds” as key factors. The company also reported repurchasing 28.9 million shares worth $2.7 billion in Q3, reflecting confidence in the franchise. Schwab plans to expand its physical footprint by adding 16 new branches and modifying 25 locations to bolster its hybrid online-and-in-person model.

Frequently Asked Questions

How many new brokerage accounts did Schwab open in the quarter?

Schwab opened over 1 million new brokerage accounts during the quarter, marking the fourth straight quarter to exceed that level. This surge contributed to higher client engagement and supported net new asset growth of $134.4 billion for the period.

Did Schwab beat analyst expectations in Q3?

Yes. Schwab exceeded analyst projections on multiple metrics: total net new assets of $134.4 billion beat the $130.2 billion consensus, and daily average revenue trades at $7.42 trillion topped forecasts of $7.25 trillion. Investors reacted positively, lifting the stock by roughly 3% at the time of the report.

Key Takeaways

• Inflows and engagement: $134.4 billion in net new assets underscores robust client inflows and higher retail participation.
• Trading activity: A 30% increase in daily average revenue trades to $7.42 trillion drove much of the revenue upside.
• Shareholder returns: Continued buybacks—28.9 million shares for $2.7 billion—signal management’s confidence; expansion of branches indicates a dual-channel growth strategy.

Conclusion

Charles Schwab’s Q3 results reflected strong retail demand and meaningful operational momentum: Schwab Q3 earnings delivered higher-than-expected asset inflows and a significant jump in trading activity, supporting record revenue and earnings per share. With ongoing branch expansion and a sizable buyback program, the firm is positioning itself to sustain growth—investors should watch subsequent guidance and client-activity trends. Published: October 16, 2025. Updated: October 16, 2025. Author/Organization: COINOTAG.

Sources (plain text): Charles Schwab Q3 earnings report; SEC filings; LSEG estimates; Morgan Stanley financial results; BlackRock revenue disclosures; JPMorgan quarterly report. CEO quote from Charles Schwab Q3 earnings release (Rick Wurster).