Charles Schwab (SCHW) Set to Announce Quarterly Earnings on Thursday

Charles Schwab (NYSE:SCHW) is projected to post its Q3 2026 results before the market opens on Thursday, October 15th. Analysts expect Charles Schwab to post earnings of $1.66 per share and revenue of $7.18 billion for the quarter. Interested persons can check the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 15, 2026 at 8:30 AM ET.

Charles Schwab (NYSE:SCHW) last announced its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $1.62 earnings per share for the quarter, beating analysts’ consensus estimates of $1.56 by $0.06. Charles Schwab had a net margin of 38.79% and a return on equity of 24.53%. The firm had revenue of $7.07 billion for the quarter, compared to analyst estimates of $6.90 billion. During the same period in the previous year, the company earned $1.14 earnings per share. The business’s quarterly revenue was up 20.9% compared to the same quarter last year. On average, analysts expect Charles Schwab to post $6.46 EPS for the current fiscal year and $7.94 EPS for the next fiscal year.

Charles Schwab Price Performance

NYSE SCHW opened at $96.06 on Wednesday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.64 and a quick ratio of 0.64. The stock’s fifty day moving average price is $105.30 and its 200 day moving average price is $98.16. Charles Schwab has a 1 year low of $83.96 and a 1 year high of $114.53. The company has a market cap of $166.13 billion, a price-to-earnings ratio of 16.88, a PEG ratio of 0.82 and a beta of 0.79.

Charles Schwab Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $1.28 dividend on an annualized basis and a yield of 1.3%. Charles Schwab’s payout ratio is currently 23.27%.

Key Headlines Impacting Charles Schwab

Here are the key news stories impacting Charles Schwab this week:

• Positive Sentiment: Deutsche Bank raised its price target on Charles Schwab (SCHW) to $130 from $125, reinforcing the view that the stock has meaningful upside potential. Deutsche Bank Adjusts Price Target on Charles Schwab
• Positive Sentiment: Analysts expect third-quarter results to benefit from robust trading activity, higher net interest revenue and stronger asset-management fees. These trends could support revenue and earnings, although investors will also monitor expense growth. Can Robust Trading, Higher NIR Support Schwab’s Q3 Earnings?
• Positive Sentiment: Erste Group Bank increased its fiscal 2027 EPS forecast for Schwab to $7.96 from $7.85, indicating improving expectations for the company’s longer-term earnings power. Erste Group Bank Earnings Estimate Update
• Neutral Sentiment: Evercore initiated coverage with an “in line” or “hold” rating and a $107 price target. The target implies upside, but the rating suggests limited conviction that Schwab will materially outperform the broader market in the near term. Evercore ISI Initiates Charles Schwab at In Line
• Negative Sentiment: Truist maintained a “buy” rating but lowered its price target to $125 from $130. The target still represents substantial upside, though the reduction may weigh on sentiment because it signals slightly more cautious expectations. Truist Lowers Charles Schwab Price Target
• Negative Sentiment: Higher operating expenses remain a key risk for the upcoming earnings report and could offset gains from trading, net interest revenue and asset-management fees. Charles Schwab’s Next Earnings Report Could Send the Stock Soaring

Analyst Ratings Changes

Several analysts have weighed in on SCHW shares. Compass Point started coverage on Charles Schwab in a research note on Monday, August 3rd. They set a “buy” rating and a $135.00 price target on the stock. Bank of America increased their price objective on Charles Schwab from $91.00 to $95.00 and gave the company an “underperform” rating in a report on Monday, October 5th. Wells Fargo & Company began coverage on Charles Schwab in a research note on Friday, October 2nd. They issued an “equal weight” rating and a $105.00 price objective for the company. BMO Capital Markets downgraded Charles Schwab from an “outperform” rating to a “market perform” rating and set a $105.00 target price for the company. in a report on Monday, July 20th. Finally, UBS Group decreased their target price on Charles Schwab from $128.00 to $113.00 and set a “buy” rating for the company in a report on Wednesday, October 7th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $119.00.

Insider Transactions at Charles Schwab

In related news, Chairman Walter Bettinger sold 74,388 shares of the firm’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $110.91, for a total transaction of $8,250,373.08. Following the completion of the transaction, the chairman owned 610,360 shares of the company’s stock, valued at $67,695,027.60. This trade represents a 10.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Dennis Howard sold 2,198 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $110.00, for a total transaction of $241,780.00. Following the transaction, the insider owned 6,980 shares of the company’s stock, valued at $767,800. This represents a 23.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 645,582 shares of company stock valued at $69,553,935. 6.30% of the stock is owned by corporate insiders.

Charles Schwab Company Profile

Charles Schwab Corporation (NYSE:SCHW) is a financial services company that provides brokerage, investment, banking and wealth management services to individual investors, employers, institutions and independent investment advisors. Its offerings include online and mobile trading, securities brokerage, retirement accounts, financial planning, portfolio management, banking products, research and access to mutual funds and exchange-traded funds.

The company operates through businesses including Schwab Brokerage, Schwab Wealth Advisory, Schwab Asset Management and Charles Schwab Bank.