Correction, 18 September 2026: an earlier version of this post described April 16, 2026 as the end of the quarter. It is the date the results were reported.
What changed
$SCHW reported results on April 16, 2026. EPS came in at $1.43, up from $1.04 in the same period a year earlier — a 37.5% year-over-year increase. Revenue grew 15.8% over the same stretch. We don't have guidance commentary to work with, so the focus here is purely on what the reported figures tell us.
The earnings growth rate outpaced revenue growth by a wide margin, which points to meaningful operating leverage. When a financial services firm grows its top line by 15.8% but grows per-share earnings by 37.5%, the spread suggests costs are not rising at the same pace as income — a positive signal for profitability.
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What it means
The fundamentals behind these results look solid. $SCHW carries a net margin of 38.0% and a return on equity of 19.1%, both of which reflect a high-quality earnings base. The FCF yield sits at 5.0%, and the data flags earnings quality as strong — meaning the reported profits appear well-supported by actual cash generation rather than accounting adjustments.
The ACCE score for $SCHW is 74 out of 100. Breaking that down: Growth scores 88, Quality scores 91, Momentum scores 63, and Value scores 52. The Growth and Quality readings are the standout figures here, consistent with the earnings and margin data above. The lower Value score (52) is worth noting — the 6-model fair value estimate comes in at $95.86, which sits 6.6% below the current price of $102.63. That gap suggests the market is pricing in continued strong execution.
The trailing P/E is 20.2, while the forward P/E drops to 16.5. That compression implies analysts expect earnings to continue growing from here, though we have no company-issued guidance to confirm the direction or magnitude.
The analyst consensus target is $120.74, and the stock has returned 7.1% over the past year. $SCHW also pays a dividend yield of 1.1%.
For a fuller picture including live price updates, visit acceinvestments.com/stocks/SCHW.
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