Categories AlphaGraphs, Earnings, Finance

SCHW Earnings: Charles Schwab reports higher revenue and adj. profit for Q4 2024

Financial services company The Charles Schwab Corporation (NYSE: SCHW) on Tuesday reported double-digit growth in revenues and adjusted profit for the fourth quarter of 2024.

The Charles Schwab Corporation Q4 2024 earnings infographic

Total revenues increased 20% year-over-year to $5.33 billion in the December quarter. The topline benefitted from strong client engagement, increased margin utilization, and positive client cash trends.

Net income available to common stockholders was $1.72 billion or $0.94 per share in Q4, compared to $926 million or $0.51 per share in the prior-year quarter. Adjusted profit climbed 49% year-over-year to $1.01 per share during the three months.

Prior Performance

  • Charles Schwab Corporation Q2 2024 earnings infographic
  • Charles Schwab Corporation Q3 2024 earnings infographic

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