Source: SEC 8-K Filing (April 17, 2025)
The Charles Schwab Corporation (NYSE: SCHW) delivered a robust financial performance in Q1 2025, with record net revenues, soaring profits, and record client asset inflows amidst heightened market volatility. Schwab’s operational resilience and diversified growth engine continue to set benchmarks in the brokerage and wealth management sector.
Net Revenues: Hit a new high at $5.6 billion, up 18% year-over-year (YoY).
Net Income: GAAP net income reached $1.9 billion (up 40% YoY); adjusted net income rose to $2.0 billion (up 37% YoY).
EPS: Quarterly GAAP diluted EPS of $0.99 (+46%) and adjusted EPS of $1.04 (+41%).
Core Net New Assets: Schwab attracted $137.7 billion in core net new assets, a 44% YoY increase.
Client Assets: Ended the quarter at a record $9.93 trillion, up 9% YoY.
Active Brokerage Accounts: Reached 37 million, a 5% YoY increase propelled by 1.2 million new account openings (+8% YoY).
Asset Management & Administration Fees: Increased to $1.5 billion (up 14% YoY), highlighting Schwab’s strong fee-based offering.
“Investors turned to Schwab to navigate an increasingly uncertain environment… This 44% year-over-year increase in asset gathering was powered by our unwavering focus on serving the needs of clients across Retail, Advisor Services, and Workplace Financial Services.”
— Rick Wurster, President & CEO (SEC Filing)
Trading Revenue: Climbed 11% YoY (to $908 million) due to a 17% jump in daily average trading volumes vs. Q4 2024.
Net Interest Margin: Expanded by 20 basis points to 2.53% sequentially, boosting net interest revenue to $2.7 billion (+21% YoY).
Bank Supplemental Funding: Slashed by $11.8 billion to $38.1 billion, down 46% YoY—a testament to effective balance sheet management.
Pre-tax Profit Margin: GAAP margin rose to 43.8% (from 37.9% in Q1 2024). Adjusted margin reached 46.2%.
Return on Equity: ROE advanced to 18%, and return on tangible common equity was a stellar 35% for the quarter.
Dividend Increase: Quarterly common dividend increased 8% to $0.27 per share.
Share Repurchases: Schwab repurchased 19.2 million shares worth $1.5 billion in tandem with repurchases connected to The Toronto-Dominion Bank’s secondary offer.
Recent Schwab earnings calls have consistently highlighted the firm’s strategic focus on capital light growth, digital adoption, client service excellence, and prudent risk management. Management has reiterated commitments to capital return, diversified revenue streams, and robust balance sheet flexibility—priorities that are strongly validated in Q1 2025’s financials. In past calls, Schwab leadership has prepared stakeholders for increased client engagement, focus on advisory services, and proactive expense management—all reflected in this quarter’s outstanding figures, particularly in the growth of managed investing net inflows (+15% YoY) and record client assets.
#1 Overall Broker award from StockBrokers.com, reflecting Schwab’s leadership in range of investments, platform tools, research, education, and user experience (StockBrokers.com Annual Awards 2025).
As with any financial institution, Schwab’s future results may vary due to factors like market volatility, interest rate changes, regulatory developments, and competitive dynamics. Investors should consult Schwab’s most recent 10-K and 10-Q filings for comprehensive risk disclosures (company reports).
Charles Schwab’s Q1 2025 results set a new standard in the brokerage industry for asset growth, operational excellence, and capital efficiency. The firm’s data-driven strategy and ongoing investments in technology, service, and scale enabled it to capitalize on volatile markets and continue its trajectory as a market leader in financial services.
For more detailed data and tables, see the full 8-K filing:
SEC Q1 2025 8-K Financial Results