NYSE$SCHW
Charles Schwab Corp · Q4 2024 earnings
Q4 2024 earnings · · Investor relations
Briefing
Charles Schwab reported strong Q4 2024 results driven by revenue growth and disciplined expense management.
Charles Schwab's Q4 2024 net revenues increased by 20% year-over-year to $5.3 billion. Quarterly GAAP earnings per share were $.94, and adjusted earnings per share were $1.01, up 49% versus Q4 2023. The company added $115 billion in core net new assets during the quarter, bringing the full year total to $367 billion.
- Net revenues increased 20% year-over-year to $5.3 billion.
- GAAP earnings per share reached $.94, while adjusted earnings per share were $1.01, a 49% increase year-over-year.
- Core net new assets totaled $115 billion for the quarter and $367 billion for the year.
- Client assets increased 19% year-over-year to $10.10 trillion.
Headline financials
Revenue & EPS history
Charles Schwab · Revenue · Quarterly
$5.33B
Revenue by segment
Charles Schwab · $4.4B total across 4 segments · Q3 2023
- Net Interest Revenue$2.24B-23.5%50.8%
- Asset Mgmt/Admin Fees$1.22B+16.9%27.8%
- Trading Revenue$768M-17.4%17.5%
- Other Revenue$172M-6.5%3.9%
Forward guidance
This press release contains forward-looking statements relating to the company’s ongoing progress following the Ameritrade acquisition; asset gathering; client cash trends; competitive position; through-the-cycle profitability; and capital ratios.
Tailwinds
- Ongoing progress following the Ameritrade acquisition
- Asset gathering
- Client cash trends
- Competitive position
- Capital ratios
Headwinds
- Risks and uncertainties that could cause actual results to differ materially from the expressed expectations.
- Factors described in the company’s most recent reports on Form 10-K
- Factors described in the company’s most recent reports on Form 10-Q
- These reports have been filed with the Securities and Exchange Commission
- The company makes no commitment to update any forward-looking statements.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+0.8%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+2.7%
Avg return
30 days after
63%
46 / 73 earnings
Positive
+12.6%
Q2 2023
Best reaction
-15.0%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.1% | +2.5% | -0.1% | |
| Q4 2025 | +0.6% | -8.3% | -9.4% | |
| Q3 2025 | -1.0% | +0.8% | +0.1% | |
| Q2 2025 | +2.3% | +0.2% | -2.1% | |
| Q1 2025 | +0.6% | +1.2% | +17.2% | |
| Q4 2024 | +5.5% | +7.1% | +7.1% | |
| Q3 2024 | +6.3% | +5.2% | +18.2% | |
| Q2 2024 | -15.0% | -17.3% | -13.1% | |
| Q1 2024 | +4.3% | +4.8% | +12.4% | |
| Q4 2023 | -2.5% | -1.1% | +0.1% | |
| Q3 2023 | +4.6% | -0.9% | +9.3% | |
| Q2 2023 | +12.6% | +13.4% | +1.9% | |
| Q1 2023 | +6.4% | +6.0% | +2.1% | |
| Q4 2022 | -8.6% | -6.9% | -3.8% | |
| Q3 2022 | -0.5% | +1.9% | +12.2% | |
| Q2 2022 | +1.6% | +1.3% | +21.4% | |
| Q1 2022 | -7.1% | -15.0% | -23.5% | |
| Q4 2021 | -4.2% | -6.6% | -10.0% | |
| Q3 2021 | +3.1% | +4.5% | +5.1% | |
| Q2 2021 | -5.5% | -1.4% | +4.9% | |
| Q1 2021 | -4.0% | -5.6% | +8.6% | |
| Q4 2020 | -0.2% | -0.6% | +5.4% | |
| Q3 2020 | +5.8% | +5.4% | +23.9% | |
| Q2 2020 | -6.2% | -1.2% | -1.7% | |
| Q1 2020 | -4.4% | +1.0% | -10.1% | |
| Q4 2019 | +2.6% | +2.8% | +0.2% | |
| Q3 2019 | +3.4% | +5.9% | +15.0% | |
| Q2 2019 | +2.3% | +6.0% | -9.3% | |
| Q1 2019 | +0.7% | +0.4% | -5.8% | |
| Q4 2018 | +6.0% | +8.4% | +4.8% | |
| Q3 2018 | -1.6% | -4.4% | -4.4% | |
| Q2 2018 | +6.2% | +2.1% | +0.1% | |
| Q1 2018 | +5.0% | +7.7% | +15.4% | |
| Q4 2017 | -0.4% | -0.2% | -6.1% | |
| Q3 2017 | -3.0% | -0.1% | -0.4% | |
| Q2 2017 | -1.8% | -1.8% | -7.6% | |
| Q1 2017 | +0.4% | +0.5% | +0.5% | |
| Q4 2016 | +2.8% | +2.1% | +3.0% | |
| Q3 2016 | +0.8% | +0.9% | +14.8% | |
| Q2 2016 | +1.7% | +4.3% | +11.4% | |
| Q1 2016 | +0.4% | — | — | |
| Q4 2015 | -1.9% | — | — | |
| Q3 2015 | +3.2% | — | — | |
| Q2 2015 | +3.4% | — | — | |
| Q1 2015 | +0.2% | — | — | |
| Q4 2014 | +0.3% | — | — | |
| Q3 2014 | +0.9% | — | — | |
| Q2 2014 | -1.2% | — | — | |
| Q1 2014 | +6.1% | — | — | |
| Q4 2013 | +2.8% | — | — | |
| Q3 2013 | +6.5% | — | — | |
| Q2 2013 | -3.5% | — | — | |
| Q1 2013 | -1.9% | — | — | |
| Q4 2012 | -0.3% | — | — | |
| Q3 2012 | +2.9% | — | — | |
| Q2 2012 | +2.6% | — | — | |
| Q1 2012 | +0.9% | — | — | |
| Q4 2011 | +2.0% | — | — | |
| Q3 2011 | +1.7% | — | — | |
| Q2 2011 | -12.5% | — | — | |
| Q1 2011 | +1.0% | — | — | |
| Q4 2007 | +1.1% | — | — | |
| Q4 2010 | +1.1% | — | — | |
| Q4 2009 | +1.1% | — | — | |
| Q3 2010 | -3.5% | — | — | |
| Q2 2010 | -3.4% | — | — | |
| Q1 2010 | -0.5% | — | — | |
| Q1 2009 | -0.5% | — | — | |
| Q3 2008 | +1.1% | — | — | |
| Q3 2009 | +1.1% | — | — | |
| Q2 2008 | +9.8% | — | — | |
| Q4 2008 | +9.8% | — | — | |
| Q2 2009 | +9.8% | — | — |
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