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SCHW / Q3 2026 (FQ3 2026; fiscal quarter = calendar quarter ended 2026-09-30; supplied label 'FQ3 2026 - Sep 2026')

Charles Schwab

Reported 2026-10-15

Published forecast

Oct 12, 2026, 12:29 AM PDT

Opus 5.5 High in Shortcut

Shortcut

1.66

Shortcut normalized EPS

+0.2% vs Street

Street

1.66

Street normalized EPS

Frozen October 11 snapshot

Real

1.69

Issuer adjusted diluted EPS

Shortcut win

Win based on the unrounded estimate.

Shortcut off by $0.03 · Street off by $0.03.

Uses issuer adjusted EPS of $1.69, excluding transaction-related costs, versus $1.62 GAAP. Shortcut’s original unrounded estimate is closer by $0.003976 per share; both estimates display as $1.66.

Issuer earnings release ↗

USD per diluted share

Adjusted diluted EPS, USD per common share. The estimate rounds to $1.66, equal to the rounded Street estimate.

Explore the model.

Open the assumptions and calculations behind this earnings forecast.

SCHW reviewed earnings model
Open in Shortcut ↗Download XLSX ↓

Behind the estimate.

The model combines net interest income with brokerage, asset-management and banking revenue. Client assets and borrowing trends drive the forecast, with management guidance anchoring the margin assumptions.

Adjusted EPS adds back acquired-intangible amortization and integration costs, net of tax. Expenses and diluted shares leave the estimate at $1.66 when rounded, close to the Street.

Forecast and independent review: Opus 5.5 High in Shortcut.

Model assumptions and review notes
  • The model retains a $15m integration add-back, including $3m not assigned to a specific GAAP expense line. Estimated EPS sensitivity ranges from $0.0013 for that residual to $0.0066 for the full add-back.
  • Other interest revenue is attributed to lending balances. This allocation may overstate EPS by approximately $0.005.
  • The balance sheet and operating cash flow are illustrative scenarios. Some funding, treasury-share and preferred-dividend allocations remain assumptions.

On the record.

Reporting period
Q3 2026 (FQ3 2026; fiscal quarter = calendar quarter ended 2026-09-30; supplied label 'FQ3 2026 - Sep 2026'), ended 2026-09-30
Reporting basis
Adjusted (non-GAAP) diluted EPS per common share, USD = normalized diluted EPS; GAAP NI to common (IS H70 = NI H63 − preferred & other H69) + amortization of acquired intangibles H85 + acquisition/integration H86 + restructuring H87 − tax effect H88, divided by weighted-average diluted shares H76 (Income Statement!H99 = H92/H76)
Published
Oct 12, 2026, 12:29 AM PDT
Model / effort
Opus 5.5 · High effort

Original forecasts, models and publication times remain on the record.

Research sources