Charles Schwab Non-GAAP EPS of $1.62 beats by $0.07, revenue of $7.07B beats by $170M

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Charles Schwab press release ( SCHW ): Q2 Non-GAAP EPS of $1.62 beats by $0.07 . Revenue of $7.07B (+20.9% Y/Y) beats by $170M . Record June Core Net New Assets Grew 47% Year-Over-Year to $62.7 Billion Total client assets increased 22% year-over-year to $13.08 trillion

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Charles Schwab reported Q2 Non-GAAP EPS of $1.62, beating market estimates by $0.07. Revenue reached $7.07 billion, up 20.9% year-over-year, exceeding market expectations by $170 million. Record net asset inflows and total client assets of $13.08 trillion underscore the robust growth of its financial services business.

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