Charles Schwab reported record fourth-quarter and full-year 2025 results, driven by strong client asset growth, higher revenues and increased engagement across its platform. Fourth-quarter net income totaled $2.5 billion, or $1.33 per share, while adjusted earnings rose to $1.39 per share, up 38% from a year earlier. Quarterly net revenues climbed 19% year over year to a record $6.3 billion.

For the full year, Schwab gathered $519 billion in core net new assets, representing organic growth of 5.1% and lifting total client assets to a record $11.9 trillion. The company cited continued growth in managed investing inflows, trading activity and banking balances, alongside disciplined capital returns. Schwab also announced an agreement to acquire Forge Global, with the transaction expected to close in the first half of 2026.

Source: The Charles Schwab Corporation Business Wire, January 21, 2026