Charles Schwab

Charles Schwab reported strong July 2026 results, with core net new assets up 24% year-over-year to $58.1 billion. Total client assets reached $13.04 trillion, up 19% annually. New brokerage accounts increased 11% to 417,000. Daily average trades surged to 11.6 million. Client margin loan balances grew 51% to $169.9 billion. Transactional sweep cash declined due to client net purchasing and seasonal outflows for advisory fees.