Charles Schwab Sees Record Q4 Revenue Amid Asset Growth

The Charles Schwab Corporation (NYSE: SCHW) shares declined 2.76% at the close of trading on January 21, 2026. The move follows the release of financial results for the fourth quarter and full fiscal year 2025.

Market Capitalization

The company’s market capitalization is approximately $183.53 billion based on current exchange rates.

Latest Quarterly Results

For the fourth quarter ended December 31, 2025, consolidated net revenue was $6.34 billion, an increase of 19% from the fourth quarter of 2024. GAAP net profit reached $2.5 billion, representing a 34% year-over-year increase. Adjusted net profit was reported at $2.6 billion, up 29% from the prior-year period.

Segment Highlights:

·         • Net Interest Revenue: $3.17 billion (+25% YoY)

·         • Asset Management and Administration Fees: $1.73 billion (+15% YoY)

·         • Trading Revenue: $1.07 billion (+22% YoY)

·         • Core Net New Assets: $163.9 billion for the quarter.

CHART — FINANCIAL TRENDS

Full-Year Results Context

Total net revenue for the full year 2025 reached $23.92 billion, compared to $19.61 billion in 2024. Annual GAAP net income rose 49% to $8.85 billion. The company reported directional growth in organic core net new assets, which totaled $519.4 billion for the year. Pre-tax profit margins expanded to 50.2% from 43.3%.

Business & Operations Update

Developments in 2025 included the completion of the Ameritrade system integration and the expansion of digital advisory solutions. Client assets under digital advisory reached $101.6 billion. The company reported a reduction in bank supplemental funding to $5.1 billion from $14.8 billion. Active brokerage accounts reached 38.5 million by year-end.

M&A or Strategic Moves

The company executed share repurchases totaling 29.2 million shares for $2.7 billion in the fourth quarter. Total capital returns for 2025 reached $11.8 billion. Disclosures indicate plans to expand alternative investment products within the advisor services segment.

Equity Analyst Commentary

Institutional research from Barclays and Morgan Stanley notes that the expansion of net interest margins and advice solution fees contributed to recent valuation levels. Reports indicate that while margin expansion occurred, institutional monitoring continues regarding expense levels and interest rate sensitivity.

Guidance & Outlook

Management has issued revenue growth guidance of 9.5% to 10.5% for the 2026 period. The adjusted earnings per share range is estimated between $5.70 and $5.80. Factors to watch include the interest rate environment and its effect on cash sweep balances.

Performance Summary

The Charles Schwab Corporation shares closed 2.76% lower. Quarterly revenue grew 19% to $6.34 billion, with contributions from net interest and trading segments. The full-year profit growth reflects expanded margins and asset inflows.