Schwab Charles (SCHW) Q1 FY26 earnings call

The Charles Schwab Corporation delivered record Q1 FY26 results, driven by strong client engagement and strategic innovation across wealth, lending, and digital assets. The company's "Through Clients' Eyes" strategy fueled record net new assets and client growth, with significant progress in AI-powered capabilities and the upcoming launch of Schwab Crypto. While revenue per trade faced pressure from smaller position sizes, the firm remains confident in its diversified monetization levers and ability to drive profitable growth.