| SCHW |
Report |
Adjusted EPS |
BEAT |
pred ~$1.58 vs. cons $1.53 |
MEDIUM |
| SCHW |
Report |
Net revenue |
BEAT |
pred ~$6.86B vs. cons $6.78B |
MEDIUM |
| SCHW |
Report |
Net interest margin |
IN-LINE |
pred ~2.93% vs. cons 2.91% |
MEDIUM |
| SCHW |
Guide |
FY2026 adj. EPS scenario refresh |
BETTER |
guide ~$6.15 vs. cons $5.98 (FY2026) |
MEDIUM |
| SCHW |
Guide |
2H26 NIM trajectory (fewer rate cuts) |
BETTER |
guide ~2.95-3.00% vs. cons 2.92% (2H26) |
LOW |
| SCHW |
Guide |
Core NNA / asset gathering |
BETTER |
pred ~$130B vs. cons $120B (2Q26) |
MEDIUM |
| SCHW |
Guide |
Transactional sweep cash (tax-season drawdown) |
UNCHANGED |
guide ~$450B vs. cons $455B (2Q26) |
LOW |
| SCHW |
Return |
Day-1 residual (stock − beta × S&P 500) |
-1.5% |
— |
LOW |
| SCHW |
Return |
5-day cumulative residual |
-1.0% (FADE) |
A beat plus a raised full-year scenario is the base case, but the stock has already round-tripped ~+20% off the late-May mid-$80s low back to ~$102.5, near YTD highs — expectations are constructive and much of the earnings power is re-priced in. With cash facing the seasonal April tax drawdown and the AI/cash-optimizer overhang still capping the multiple, a solid-but-priced-in print risks sell-the-news; even a guide raise likely gets faded as the out-period math (fewer rate cuts already known, RPT compression, tough NNA comps) tempers upward EPS revisions after the initial pop. |
LOW |