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Charles Schwab Reported Q2 Total client Assets Increased 22% YoY to $13.08T

Benzinga07-21 19:33

2Q26 Client and Business Highlights

  • Total client assets increased 22% year-over-year to $13.08 trillion
  • Core net new assets totaled $119.8 billion, up 49% versus 2Q25
  • New brokerage account openings equaled 1.4 million, helping bring total client accounts to 48.0 million
  • Managed Investing Solutions net flows grew 53% versus 2Q25
  • Bank loan balances equaled $67.0 billion at June month-end, up 33% year-over-year
  • Margin loan balances increased 30% quarter-over-quarter to $165.1 billion at quarter-end
  • Long/short strategy interest remained strong amongst RIA clients (2), with margin loan debits and short cash credits equaling $42.1 billion and $43.7 billion, respectively, as of June 30, 2026
  • Daily average trading volume reached a record 11.9 million – up 57% versus 2Q25
  • Launched Schwab Crypto™, providing direct access to Bitcoin and Ethereum trading for retail clients
  • Introduced Portfolio Insights, a generative AI-powered capability that helps investors understand portfolio performance (3)
  • Schwab recognized as the Best Investing Platform by U.S. News for the 4th consecutive year (4)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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