SCHW

Charles Schwab (SCHW) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.

Charles Schwab Faces About $417 Million In Future Interest-Revenue Reductions From Rate Hedges

SEC Filings

Charles Schwab Faces About $417 Million In Future Interest-Revenue Reductions From Rate Hedges

Lending is growing faster than deposits, requiring more wholesale borrowing even as net interest revenue rises.

Schwab's Third-Quarter Net Income Rises 23% To $2.9 Billion On Record $190.4 Billion In Core Net New Assets

Earnings

Schwab's Third-Quarter Net Income Rises 23% To $2.9 Billion On Record $190.4 Billion In Core Net New Assets

Revenue rose 17% to $7.2 billion, and bank loans grew 35% from a year earlier, the company said.

Schwab CEO Calls Building Trading Algorithms For Clients 'A Fool's Errand' And Maps Prediction Markets Rollout

Earnings

Schwab CEO Calls Building Trading Algorithms For Clients 'A Fool's Errand' And Maps Prediction Markets Rollout

Rick Wurster said Schwab blocks AI agents from logging in for clients and sees prediction markets growing over 12 to 18 months.