Short answer
Charles Schwab Corp (SCHW) filed its Q1 2025 10-Q quarterly report on May 9, 2025 for the quarter ended Mar 31, 2025. Quarterly revenue was $5.6B (up 18.1% year over year) with net income of $1.9B.
Q1 2025 key financials · XBRL
- Revenue
- $5.6B
- +18.1% YoY
- Net income
- $1.9B
- +40.2% YoY
- EPS (diluted)
- $0.99
- +45.6% YoY
Source: XBRL data from the Charles Schwab Corp (SCHW) Q1 2025 10-Q on SEC EDGAR. USD.
Charles Schwab Corp Q1 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue details not explicitly disclosed in MD&A for Q1 2025 vs Q1 2024
- Net income $1,796M, diluted EPS $0.99 vs $1,251M, $0.68 in Q1 2024; adjusted net income $1,895M, EPS $1.04 vs $1,358M, $0.74
- Operating margin specifics not stated; return on average common equity 18% vs 15% YoY; return on tangible common equity 35% vs 39% YoY
- No acquisition/integration or restructuring costs in Q1 2025; adjusted total expenses $3,014M vs $2,802M (non-GAAP) in Q1 2024
- Adjusted Tier 1 leverage ratio 7.1% vs 6.8% YoY; management highlights use of adjusted metrics to reflect capital efficiency and future performance comparison
Risk Factors
- New SEC fee rate increase May 2024 raised industry fees, increasing other expenses 7% YoY in Q1 2025
- Bank supplemental funding reduced 24% or $11.8B in Q1 2025 driven by principal/interest from AFS and HTM portfolios
- Regulatory risk from impact of fluctuating market volatility on client leverage and margin loans at $83.6B Q1 2025 ending balance
- Market volatility caused S&P 500 down 5%, NASDAQ down 10% in Q1 2025, affecting client trading activity and equity market appreciation
- Total bank loans grew 4% to $47.1B in Q1 2025, supporting client demand amid uncertain macroeconomic environment
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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