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Charles Schwab Q4 2024 Earnings Results & Report

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Charles Schwab beat analyst expectations on both earnings and revenue in its Q4 2024 results, released January 21, 2025. The company reported EPS of $1.01 versus the $0.90 consensus estimate, while revenue of $5.33 billion topped the $5.19 billion estimate by $138.18 million. Revenue increased 19.5% year over year.

Earnings Announcement Details

Quarter
Q4 2024
Report Date
Time
Before Market Opens
Conference Call
7:00 AM ET

Charles Schwab EPS Results

Actual EPS
$1.01
Consensus EPS
$0.90
Beat/Miss
Beat by +$0.11
One Year Ago EPS
$0.68
EPS Beat Rate
8 of last 8 quarters

Charles Schwab Revenue Results

Actual Revenue
$5.33 billion
Expected Revenue
$5.19 billion
Beat/Miss
Beat by +$138.18 million
YoY Revenue Growth
+19.50%

Charles Schwab Q4 2024 Earnings FAQ

Charles Schwab (NYSE:SCHW) reported earnings of $1.01 per share for Q4 2024, beating the consensus estimate of $0.90. The report was announced on Tuesday, January 21, 2025.

Charles Schwab reported revenue of $5.33 billion for Q4 2024, against a consensus estimate of $5.19 billion.

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About Charles Schwab

Charles Schwab (NYSE:SCHW) 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. It also serves registered investment advisors through custodial, technology and practice-management services. Charles Schwab primarily serves clients in the United States through digital platforms, branch offices and advisor relationships, with additional services available to certain international clients.

Charles Schwab was founded by Charles R. Schwab in 1971 and became known for helping expand the discount brokerage model by emphasizing lower-cost, investor-oriented services. Over time, the company broadened its business through organic growth and acquisitions, including its 2020 acquisition of TD Ameritrade.

Rick Wurster serves as president and chief executive officer of Charles Schwab, while founder Charles R. Schwab remains chairman. The company is headquartered in Westlake, Texas.

View Charles Schwab Profile