Schwab reported record Q2 2026 results with revenue up 21% YoY and EPS up 42%, driven by strong trading, wealth management, and lending growth. Management raised full-year revenue guidance to 17.5-18.5% growth and highlighted advances in AI, crypto, and prediction markets. Cross-company signal was minimal, with only a brief mention of a partnership with CBOE for binary options. Record quarterly revenue of $7.1B and adjusted EPS of $1.62, both above expectations.
Buzzberg 분석Record revenue and EPS, up 42% YoYSchwab reported record Q2 2026 results with revenue up 21% YoY and EPS up 42%, driven by strong trading, wealth management, and lending growth. Management raised full-year revenue guidance to 17.5-18.5% growth and highlighted advances in AI, crypto, and prediction markets. Cross-company signal was minimal, with only a brief mention of a partnership with CBOE for binary options. Record quarterly revenue of $7.1B and adjusted EPS of $1.62, both above expectations.전체 분석 보기분석 접기
Schwab reported record Q2 2026 results with revenue up 21% YoY and EPS up 42%, driven by strong trading, wealth management, and lending growth. Management raised full-year revenue guidance to 17.5-18.5% growth and highlighted advances in AI, crypto, and prediction markets. Cross-company signal was minimal, with only a brief mention of a partnership with CBOE for binary options. Record quarterly revenue of $7.1B and adjusted EPS of $1.62, both above expectations.
Full-year revenue growth guidance raised to 17.5-18.5% from prior scenario.
Core net new assets of $120B in Q2, up 50% YoY; managed investing flows up 53%.
Bank lending balances reached $67B, up 33% YoY, driven by digital pledged asset lines.
Revenue$8.518B
+17% QoQ
EPS$1.62
+13% QoQ
Gross margin83.02%
reported
Op margin43.07%
reported
이번 분기에 달라진 점
01
Guidance
Record revenue and EPS, up 42% YoY
Guidance · revenue to 18%
02
Demand
Core net new assets up nearly 50%
Management's tone was confident driven by record financial results and raised guidance, with no notable shift in confidence from prior calls.
03
AI
AI driving 15-20% developer productivity gain
AI is expanding client capabilities and enabling more efficient service; developer team productivity improved by 15% to 20% over the past year, and the firm is piloting Schwab Assistant.
04
Demand
Bank lending balances up 33% to $67B
Core net new assets up nearly 50%. Management's tone was confident driven by record financial results and raised guidance, with no notable shift in confidence from prior calls.
AI, 자본지출 및 수요 분석
AI
플랫폼 및 수익화
AI is expanding client capabilities and enabling more efficient service; developer team productivity improved by 15% to 20% over the past year, and the firm is piloting Schwab Assistant.
수요
수주 및 전환
Core net new assets up nearly 50%. Management's tone was confident driven by record financial results and raised guidance, with no notable shift in confidence from prior calls.
톤 · confident
Management's tone was confident driven by record financial results and raised guidance, with no notable shift in confidence from prior calls.
향후 가이던스
RaisedGuidance · revenue to 18% · was IN LINE last Q