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Can Robust Trading, Higher NIR Support Schwab's Q3 Earnings?

Charles Schwab (SCHW) is scheduled to report third-quarter 2026 earnings before the market opens on October 15, with both earnings and revenue expected to rise year over year. The company beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average beat of 4.16%. Trading revenue is expected to reach $1.18 billion, up 18.2%, driven by elevated market volatility and strong client activity. Net interest revenue is estimated at $3.57 billion, up 17%, supported by loan growth, while asset management and administration fees are pegged at $1.89 billion, up 13.2%. Operating expenses are likely to have risen on regulatory spending, acquisitions and branch expansion.

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