SCHWAB CHARLES CORP

The Charles Schwab Corporation reported record financial results for the second quarter ended June 30, 2026. Net revenues reached a record $7.1 billion, marking a 21% increase year-over-year, while GAAP diluted earnings per share rose 43% to a record $1.54. The company also achieved record June core net new assets of $62.7 billion, contributing to $120 billion in core net new assets for the quarter, and saw total client assets grow 22% to $13.08 trillion. Additionally, Schwab launched new offerings like Schwab Crypto and AI-powered Portfolio Insights, and repurchased $1.0 billion of common stock.

The Charles Schwab Corporation announced that it filed a Certificate of Elimination with the Secretary of State of the State of Delaware on June 1, 2026. This filing pertains to the company's 4.000% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series I. Effective upon filing, all matters concerning the Series I Preferred Stock were eliminated from the company's Fifth Restated Certificate of Incorporation.

The Charles Schwab Corporation issued $2.25 billion in aggregate principal amount of fixed-to-floating rate senior notes due 2030 and 2037. The offering generated approximately $2.236 billion in net proceeds after deducting underwriting discounts and estimated offering expenses. The notes were issued on May 21, 2026, under a senior indenture and an underwriting agreement with several major financial institutions.

Charles Schwab reported strong financial performance in Q1 2026, with net income increasing 30% year-over-year to $2.5 billion and diluted EPS rising 38% to $1.37. Total net revenues grew 16% to $6.5 billion, driven by strong asset gathering, client engagement, and growth in lending offerings. The company also completed the acquisition of Forge Global Holdings, Inc. and announced a phased rollout of spot crypto trading for retail clients. Additionally, Schwab repurchased $2.4 billion in common stock and increased its common dividend by 19% to $0.32 per share.

The Charles Schwab Corporation (CSC) completed the issuance and sale of 1,500,000 depositary shares, each representing an interest in its 6.100% fixed-rate reset non-cumulative perpetual preferred stock, Series L. This offering, referred to as the "Preferred Issuance," yielded approximately $1,480 million in net proceeds after accounting for underwriting discounts and estimated expenses. Concurrently, CSC filed a Certificate of Designations to formally establish the voting rights, powers, preferences, and other rights associated with the Series L Preferred Stock.

The Charles Schwab Corporation reported record financial results for the first quarter ended March 31, 2026. The company achieved record GAAP earnings per share of $1.37, with adjusted EPS reaching $1.43, marking a 38% increase year-over-year. Net revenues also hit a record $6.5 billion, up 16% from the prior year, driven by strong client engagement and growth. The quarter saw significant client acquisition with 1.3 million new accounts opened and core net new assets of $140 billion, including $79.7 billion in March alone.

Charles Schwab announced a definitive agreement to acquire Forge Global Holdings, Inc. The acquisition aims to expand Schwab's offerings in the private securities market, providing clients with access to pre-IPO companies and alternative investments. This move could enhance Schwab's competitive position and attract investors interested in private market opportunities.

Charles Schwab Corporation issued $2 billion in aggregate principal amount of senior notes, consisting of $1 billion of 4.343% Fixed-to-Floating Rate Senior Notes due 2031 and $1 billion of 4.914% Fixed-to-Floating Rate Senior Notes due 2036. The net proceeds from the offering were approximately $1.986 billion, after deducting underwriting discounts and commissions, and will likely be used for general corporate purposes.

Charles Schwab Corporation released its financial results for the quarter ended December 31, 2025. The press release, furnished as an exhibit, contains details on revenue, earnings, and other key performance indicators, which are important for investors to assess the company's financial health and performance.

Charles Schwab appointed Dennis Howard to the newly created role of Managing Director, Chief Technology, Operations and Data Officer, effective immediately. This appointment consolidates technology, operations, and data leadership under a single executive, potentially streamlining decision-making and improving efficiency.