The Charles Schwab Corporation, together with its subsidiaries, operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally. The company operates in two segments, Investor Services and Advisor Services. It offers brokerage accounts with equity and fixed income trading, margin lending, options trading, futures and forex trading, and cash management capabilities, including certificates of deposit; third-party mutual funds through the Mutual Fund Marketplace and Mutual Fund OneSource service, as well as mutual fund trading and clearing services to broker-dealers; exchange-traded funds; advisory solutions for managed portfolios, separately managed accounts, customized personal advice for tailored portfolios, specialized planning, and full-time portfolio management; banking products comprising checking and savings accounts, first lien residential real estate mortgage loans, home equity lines of credit, and pledged asset lines; and trust custody services, personal trust reporting services, and administrative trustee services. It also provides digital retirement calculators; integrated web-, mobile-, and software-based trading platforms, real-time market data, options trading, premium research, and multi-channel access; self-service education and support tools; online research and analysis tools; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; retirement plan services; mutual fund clearing services; and advisor services, including interactive tools and educational content. The Company operates through branch offices. The Charles Schwab Corporation was incorporated in 1971 and is headquartered in Westlake, Texas.

Charles Schwab Corporation (The)

Key Points
Focus on profitable, proven companies with strong brands and steady cash flow.
Buffett recommends S&P 500 index funds for long-term wealth building.
Compounding works best for those who stay invested through market cycles.
Few investors command the same level of respect as Warren Buffett, the billionaire chairman and CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). Nicknamed the "Oracle of Omaha," Buffett has spent six decades compounding wealth at an extraordinary pace for the company -- generating a staggering 5,502,284% total return over that span.
To put that into perspective, Berkshire's long-term compound annual growth rate (CAGR) of 19.9% is roughly double the long-term performance of the S&P 500 (SNPINDEX: ^GSPC), even when accounting for dividend reinvestment in the index.
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While Buffett's track record is nearly unmatched, the good news is his investment strategy is surprisingly straightforward. His approach can be distilled into a few timeless principles -- simple enough for any first-time investor to follow, yet powerful enough to build generational wealth.
1. Focus on businesses you understand
Buffett's investing philosophy is refreshingly simple: Buy high-quality companies at fair prices and hold them for the long haul -- often decades. He avoids complex or speculative ventures, instead focusing on businesses with durable competitive advantages, steady earnings growth, and trustworthy management.
Buffett's portfolio reflects this discipline. It's concentrated in consumer staples, financial services, and energy -- sectors he believes will remain indispensable through all economic cycles. Berkshire's top holdings -- Apple, American Express, Bank of America, Coca-Cola, Chevron, and Occidental Petroleum -- share some common threads: predictable cash flow, powerful brands, and shareholder-friendly capital allocation programs.
Equally telling are the companies Buffett tends to avoid. He's long steered clear of unproven tech start-ups, cyclical industries, and commoditized businesses that lack pricing power.
For investors, his example underscores a timeless truth: Resist the temptation to follow herd mentality. In investing, such an approach is similar to being a victim of the greater fool theory. Instead, seek out businesses with a long record of profitability, reliable dividends, and management teams that treat shareholders as partners.
2. The power of passive investing
Buffett long acknowledged that most investors are better off buying index funds rather than picking individual stocks. His reasoning is simple: Over time, the S&P 500 mirrors the growth of the American economy. It's composed of world-class companies like Apple, Microsoft, Johnson & Johnson, Walmart, and JPMorgan Chase that consistently reinvest profits, raise dividends, and drive long-term wealth creation.
For first-time investors, buying an S&P 500 exchange-traded fund (ETF) through providers like Vanguard, Fidelity, or Charles Schwab is one of the smartest, most stress-free ways to follow Buffett's playbook. This approach provides instant diversification across hundreds of top U.S. companies -- with no need for market timing, stock picking, or guesswork.
3. Think long-term and stay consistent
Buffett's success never hinged on predicting market moves -- it's built on patience, discipline, and the power of compounding. He's held some of his core positions for decades, steadily reinvesting dividends and allowing time do the heavy lifting.
The key lesson for beginners is consistency. Invest regularly, reinvest your dividends, double down on winners, and trim laggards. Avoid chasing hot stocks, cryptocurrencies, or viral trends that promise quick riches but lack fundamental strength.
Market corrections and downturns will happen, but Buffett views them as opportunities, not setbacks. They allow disciplined investors to buy quality companies at attractive prices. As he has famously advised, "You want to be greedy when others are fearful, and you want to be fearful when others are greedy."
In the end, wealth creation is less about timing the market and more about spending long periods of time in the market. Staying calm, patient, and committed to your long-term plan is what separates successful investors from emotional traders -- and it's the mindset that turns ordinary savers into extraordinary investors.
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Bank of America is an advertising partner of Motley Fool Money. JPMorgan Chase is an advertising partner of Motley Fool Money. Charles Schwab is an advertising partner of Motley Fool Money. American Express is an advertising partner of Motley Fool Money. Adam Spatacco has positions in Apple and Microsoft. The Motley Fool has positions in and recommends Apple, Berkshire Hathaway, Chevron, JPMorgan Chase, Microsoft, and Walmart. The Motley Fool recommends Charles Schwab, Johnson & Johnson, and Occidental Petroleum and recommends the following options: long January 2026 $395 calls on Microsoft, short December 2025 $95 calls on Charles Schwab, and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Warren Buffett's Investing Playbook -- Simplified for First-Time Stock Buyers

Avery Dennison, a leading global materials science and digital identification solutions company, today announced that its Board of Directors has declared a quarterly cash dividend of $0.94 per share. The dividend is payable on December 17, 2025 to shareholders of record on December 3, 2025.
The Board of Directors of Gorman-Rupp has declared a quarterly cash dividend of $0.19 per share on the common shares of the Company, payable December 10, 2025, to shareholders of record November 14, 2025. The cash dividend will represent a 2.7% increase over the $0.185 dividend per share paid in the previous quarter. This action will mark the 303rd consecutive quarterly dividend paid by The Gorman-Rupp Company and the 53rd consecutive year of increased dividends to its shareholders, which positions Gorman-Rupp in the top 50 of all U.S. public companies with respect to number of years of increased dividend payments.
Kontoor Brands today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.53 per share of its common stock, an increase of $0.01 or 2 percent. The cash dividend will be payable on December 18, 2025, to shareholders of record at the close of business December 8, 2025.
Bank of America today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.28 per share, payable on December 26, 2025 to shareholders of record as of December 5, 2025.
The Board of Directors of Charles Schwab at its meeting today declared a regular quarterly cash dividend of $0.27 per common share. The dividend is payable November 28, 2025 to stockholders of record as of the close of business on November 14, 2025.
VIDEO: Daily Dividend Report: AVY,GRC,KTB,BAC,SCHW
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Daily Dividend Report: AVY,GRC,KTB,BAC,SCHW

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Direxion Daily Financial Bull 3X Shares (Symbol: FAS) where we have detected an approximate $131.9 million dollar outflow -- that's a 4.9% decrease week over week (from 16,199,289 to 15,399,289). Among the largest underlying components of FAS, in trading today Blackrock Inc (Symbol: BLK) is off about 0.3%, The Charles Schwab Corporation (Symbol: SCHW) is off about 0.4%, and Standard and Poors Global Inc (Symbol: SPGI) is up by about 0.2%. For a complete list of holdings, visit the FAS Holdings page » The chart below shows the one year price performance of FAS, versus its 200 day moving average:
Looking at the chart above, FAS's low point in its 52 week range is $92.66 per share, with $189.23 as the 52 week high point — that compares with a last trade of $163.10. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
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Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Noteworthy ETF Outflows: FAS, BLK, SCHW, SPGI

Key Points
It was by far the most dynamic and active brokerage on the scene.
Several of its August metrics showed significant year-over-year growth .
Robinhood Markets (NASDAQ: HOOD) had a scorching hot September, with its stock rising 38% from beginning to end and trouncing the 3.5% rise of the S&P 500 index. We shouldn't find this too surprising, however, as the next-generation brokerage and fintech has had several strong months since the start of the year. Overall, its share price is up by a blistering 263% year to date (as of this writing).
It's been a popular stock for some time, thanks to its restless search for new revenue streams and innovative ways of thinking about its business. Here's why it did particularly well last month.
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Say hello to one of the new S&P 500 index stocks
At the end of the first week of September, the first catalyst occurred to spark the Robinhood rally. S&P Dow Jones Indices, as part of its quarterly index rebalancing, tapped the company's stock to be a component of the S&P 500 index. It displaced casino operator Caesars Entertainment in the move, which became effective Sept. 22.
Inclusion in a well-known stock index -- particularly the S&P 500, which is considered by many to be the benchmark index for equities -- barely affects a company's fundamentals, if at all. However, it raises its profile considerably, and makes it a prime target for the many index funds that comb through top indexes for their investments. This alone provided a nice lift to Robinhood's shares.
Just after S&P Global's announcement, Robinhood posted its usual monthly operational update. Several of the numbers were extremely encouraging -- although there was one fewer trading day in August 2025 compared to the same month last year, many metrics were up sharply.
Equity trading, for one, doubled and then some over that stretch to $199 billion. The action in cryptocurrencies heated up more, although that business is still developing. Its trading volume was just under $14 billion, for a robust 154% year-over-year gain. And this occurred on a 10% rise in the tally of funded customers, which reached 26.7 million.
In other words, Robinhood's client base is growing, and as a group it's spending considerably more on trades.
Innovation drives attraction
Analysts tracking Robinhood stock took notice of these developments, and made bullish adjustments to their takes on the company. This also helped support the positive sentiment displayed by market players.
A typical update was the one from Bank of America Securities' Craig Siegenthaler. In a research note published mid-month, the pundit raised his price target to $139 per share from $119. He also reiterated his buy recommendation on the shares.
Siegenthaler based his revision on a series of presentations the company made at its annual Active Trader Summit in Las Vegas, according to reports. He was clearly impressed by the company's numerous planned product launches, which among others include a social media function (Robinhood Social, naturally) and extended index options trading.
Siegenthaler captured an important essence of Robinhood's success in September -- management's clear hunger for innovation. Over the course of the month, new features were announced, and speculation arose about more.
One in particular that has a shot at becoming a wide revenue stream is short-selling, which the company announced at the summit. At a stroke, introducing this will provide customers access to a classic trading method, giving market bears and hedgers a chance to run free.
Later in the month Bloomberg reported that the brokerage might grant access to prediction markets to its clients located overseas. Robinhood partners with a pair of prediction market specialists, Kalshi and ForecastEx, both of which have done well lately on the back of an increasing appetite for wagering in this country.
Entertaining but expensive
Robinhood is an exciting and dynamic company that's fun to watch. Is it potentially lucrative to own, though?
After all, on valuations it looks super expensive. Its forward P/E is vertigo-inducing at nearly 71, and its price-to-book value is also lofty at more than 16.
Meanwhile SoFi Technologies, a next-generation fintech that isn't directly comparable but bears some similarities, has a forward P/E of 47 and a price/book well under 5. The more traditional and longer established brokerage Charles Schwab's figures for the two ratios are a respective 17 and just under 4.
But of those three companies (and other financial services titles, while we're at it), Robinhood is the one that seems to have its finger more firmly on the pulse of what modern investors want in their brokerage. Many of its offerings have clearly struck a chord with the market, which is likely one reason why more are signing up to trade with the company.
This stock is a bit risky given those high-wire valuations, but I'd say it still has plenty of upside. I'd be a buyer.
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Charles Schwab is an advertising partner of Motley Fool Money. Bank of America is an advertising partner of Motley Fool Money. Eric Volkman has positions in Charles Schwab. The Motley Fool recommends Charles Schwab and recommends the following options: short December 2025 $95 calls on Charles Schwab. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Why Robinhood Markets Stock Zoomed 38% Higher Last Month

Charles Schwab SCHW posted record net revenues of $6.14 billion for the third quarter of 2025. The metric was up 27% year over year, with strength across all major revenue streams. The top line also beat the Zacks Consensus Estimate of $5.95 billion.
Supported by massive revenues and manageable expenses, SCHW’s adjusted earnings per share soared 70% from the prior-year quarter to $1.31. Further, it surpassed the consensus estimate of $1.23.
The Charles Schwab Corporation Price, Consensus and EPS Surprise
Core Drivers of Schwab’s Q3 Revenue Growth
Record net new assets: Schwab attracted $137.5 billion in core net new assets during the quarter, marking a 44% year-over-year jump. This surge was driven by organic client growth and sustained transfers from competitors. This lifted the total client assets to an all-time high of $11.59 trillion.
Trading activity spike: Daily average trading volumes surged 30% from the prior-year quarter to 7.42 million trades, fueling a 25% increase in trading revenues as clients responded to market volatility and opportunity. Schwab opened more than 1 million new brokerage accounts for the fourth consecutive quarter, highlighting persistent client engagement. Driven by these factors, the company’s trading revenues jumped 25% to $995 million.
Higher net interest revenues (NIR): A favorable interest rate environment continued to benefit Schwab, with net interest margin rising 78 basis points year over year to 2.86%. Client sweep cash balances grew $13.5 billion, supporting both profitability and funding costs.
The company also lowered its supplemental bank funding by $12.9 billion to $14.8 billion as of Sept. 30, 2025. This reflected better balance sheet efficiency. At the end of the third quarter, Schwab’s average interest-earning assets were relatively stable at $419.8 billion. Hence, NIR (SCHW’s biggest revenue source) increased 37% year over year to $3.05 billion.
Asset management fee growth: Revenues from asset management and administration rose 13% to $1.67 billion, supported by record adoption of wealth solutions and strong equity market performance. At the end of September, client assets receiving ongoing advisory services totaled $5.81 billion, up 16% year over year.
Other Factors: Strong equity markets, client optimism and robust economic activity supported both asset growth and trading engagement at SCHW. Further, the company expanded its AI-enabled investment solutions and ETFs, driving higher net flows and retention among higher-value clients.
Other Factors That Influenced Schwab’s Q3 Earnings
Total non-interest expenses (GAAP basis) rose 4% to $3.11 billion. Excluding non-recurring items, adjusted total expenses were $3 billion, up 5% year over year.
Additionally, as of Sept. 30, 2025, the company had 38 million active brokerage accounts, 2.2 million banking accounts and 5.6 million corporate retirement plan participants.
Despite a record quarterly performance, Schwab’s shares pared initial gains and ended yesterday’s session down almost 1%. Bearish investor sentiments had nothing to do with the company’s financial performance; it was because of the sector-wide concerns about regional banks and increasing credit stress.
At present, Schwab carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Earnings Dates & Expectations of Schwab's Peers
Here are a couple of Schwab’s peers that are yet to come out with quarterly numbers.
Tradeweb Markets TW is scheduled to announce quarterly numbers on Oct. 30.
In the past week, the Zacks Consensus Estimate for TW’s quarterly earnings has been revised 2.4% lower to 83 cents, indicating a 10.7% rise from the prior-year reported number.
Robinhood Markets HOOD is slated to announce third-quarter 2025 numbers on Nov. 5.
In the past seven days, the Zacks Consensus Estimate for Robinhood’s quarterly earnings has moved 4.3% upward to 49 cents, implying a 188.2% jump from the prior-year reported number.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Schwab Tops Q3 Expectations on Record Revenues, Favorable Backdrop

The Charles Schwab Corporation (SCHW) came out with quarterly earnings of $1.31 per share, beating the Zacks Consensus Estimate of $1.24 per share. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +5.65%. A quarter ago, it was expected that this company would post earnings of $1.09 per share when it actually produced earnings of $1.14, delivering a surprise of +4.59%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Charles Schwab, which belongs to the Zacks Financial - Investment Bank industry, posted revenues of $6.14 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 3.00%. This compares to year-ago revenues of $4.85 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Charles Schwab shares have added about 27.5% since the beginning of the year versus the S&P 500's gain of 13.4%.
What's Next for Charles Schwab?
While Charles Schwab has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Charles Schwab was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.26 on $6.08 billion in revenues for the coming quarter and $4.67 on $23.48 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Investment Bank is currently in the top 13% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Raymond James Financial, Inc. (RJF), has yet to report results for the quarter ended September 2025. The results are expected to be released on October 28.
This company is expected to post quarterly earnings of $2.70 per share in its upcoming report, which represents a year-over-year change of -8.5%. The consensus EPS estimate for the quarter has been revised 0.9% higher over the last 30 days to the current level.
Raymond James Financial, Inc.'s revenues are expected to be $3.6 billion, up 4% from the year-ago quarter.
Should You Invest in The Charles Schwab Corporation (SCHW)?
Before you invest in The Charles Schwab Corporation (SCHW), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.
Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The Charles Schwab Corporation (SCHW) Q3 Earnings and Revenues Beat Estimates

(RTTNews) - The Charles Schwab Corporation (SCHW) announced a profit for its third quarter that Increased from last year and beat the Street estimates.
The company's bottom line came in at $2.277 billion, or $1.26 per share. This compares with $1.299 billion, or $0.71 per share, last year.
Excluding items, The Charles Schwab Corporation reported adjusted earnings of $2.375 billion or $1.31 per share for the period.
Analysts on average had expected the company to earn $1.25 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 26.6% to $6.135 billion from $4.847 billion last year.
The Charles Schwab Corporation earnings at a glance (GAAP) :
-Earnings: $2.277 Bln. vs. $1.299 Bln. last year. -EPS: $1.26 vs. $0.71 last year. -Revenue: $6.135 Bln vs. $4.847 Bln last year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The Charles Schwab Corporation Q3 Profit Increases, Beats Estimates

Wednesday, October 15, 2025
Market indexes finished today’s trading session mostly higher, after peaking in the morning and then giving way temporarily into the red in the early afternoon. The Dow closed modestly in negative territory today, -17 points or -0.04%, while the S&P 500 was up +26 points, +0.40%. The biggest movers on the day were the Nasdaq, +148 points or +0.66%, and the small-cap Russell 2000 +24 points, +0.97% — setting another new all-time closing high.
For the most part, Q3 earnings season has been very good. Every major Wall Street bank having reported so far has beaten estimates on both top and bottom lines. Even early-reporting non-bank stocks like Johnson & Johnson JNJ and Delta Air Lines DAL outperformed expectations for the quarter.
Beige Book Remains Lukewarm for October
Much as we saw in the September Beige Book from the Federal Reserve, this afternoon’s October book showed an economy in the middle of the road and not seemingly in a hurry to rush one direction or the other. Three cities reported slight growth (Boston, Philadelphia, Richmond, VA), four slight declines (New York, Minneapolis, Kansas City and San Francisco) and five flat (Cleveland, Atlanta, Chicago, St Louis and Dallas).
Overall retail consumer spending was down, even with an increase in EV sales ahead of the expiring federal tax credit. Luxury retail was up — unscathed by economic headwinds. Prices were up due to tariff policies, but to the extent these higher costs were passed onto the consumer varied by region. Labor was stable overall, but showing signs of strain in Hospitality, Agriculture, Construction and Manufacturing — mostly as a result of ongoing immigration policies.
United Beats Q3 Estimates After the Close
United Airlines UAL became the latest major airline to report a solid earnings beat in its Q3 report this afternoon: earnings of $2.78 per share handily overtook the $2.64 in the Zacks consensus (though still lagging the $3.33 per share reported in the year-ago quarter) on revenues of $15.23 billion, which was shy of the expected $15.30 billion.
However, United performed well in its areas with higher profit margins: Premium Revenues grew +6% year over year, and its Loyalty program gained +9%. This, while Revenue per Seat Mile was negative on both Domestic and International flights. Initially, shares of United rose over +3% in late trading, but is now down slightly on the news.
What to Expect from the Stock Market Tomorrow
It was supposed to be an eventful day for economic data Thursday, with Weekly Jobless Claims, Retail Sales and the Producer Price Index (PPI) for September all kept in mothballs while the federal government remains shut. So far, it is not expected the Fed will change tack from its proposed 25 basis-point (bps) rate cut at the end of this month and the final Fed meeting in December. But I’m sure voting Fed members would feel more secure about their decision if they were able to see the data.
Philly Fed and Homebuilder Confidence, both for October, are expected to hit the tape tomorrow. These join expected earnings results from consequential companies such as Taiwan Semiconductor TSM, Dow component The Travelers TRV, Chas. Schwab SCHW, transportation major CSX CSX and Intuitive Surgical ISRG.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Markets Mostly Up, Russell 2000 Sets New Closing High

The following companies are expected to report earnings prior to market open on 10/16/2025. Visit our Earnings Calendar for a full list of expected earnings releases.
Taiwan Semiconductor Manufacturing Company Ltd. (TSM)is reporting for the quarter ending September 30, 2025. The semi fab foundry company's consensus earnings per share forecast from the 4 analysts that follow the stock is $2.59. This value represents a 33.51% increase compared to the same quarter last year. In the past year TSM has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 4.22%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for TSM is 30.29 vs. an industry ratio of 30.30.
The Charles Schwab Corporation (SCHW)is reporting for the quarter ending September 30, 2025. The investment bankers company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.23. This value represents a 59.74% increase compared to the same quarter last year. In the past year SCHW has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 4.59%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for SCHW is 20.00 vs. an industry ratio of 20.70.
Marsh & McLennan Companies, Inc. (MMC)is reporting for the quarter ending September 30, 2025. The insurance brokers company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.79. This value represents a 9.82% increase compared to the same quarter last year. In the past year MMC has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 2.26%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for MMC is 21.68 vs. an industry ratio of 17.70, implying that they will have a higher earnings growth than their competitors in the same industry.
The Bank Of New York Mellon Corporation (BK)is reporting for the quarter ending September 30, 2025. The bank company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.76. This value represents a 15.79% increase compared to the same quarter last year. In the past year BK has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 11.49%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for BK is 15.00 vs. an industry ratio of 12.70, implying that they will have a higher earnings growth than their competitors in the same industry.
U.S. Bancorp (USB)is reporting for the quarter ending September 30, 2025. The bank company's consensus earnings per share forecast from the 10 analysts that follow the stock is $1.11. This value represents a 7.77% increase compared to the same quarter last year. In the past year USB has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 3.74%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for USB is 10.75 vs. an industry ratio of 12.70.
The Travelers Companies, Inc. (TRV)is reporting for the quarter ending September 30, 2025. The insurance (property & casualty) company's consensus earnings per share forecast from the 10 analysts that follow the stock is $5.88. This value represents a 12.21% increase compared to the same quarter last year. In the past year TRV has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 83.9%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for TRV is 12.40 vs. an industry ratio of 13.50.
M&T Bank Corporation (MTB)is reporting for the quarter ending September 30, 2025. The bank company's consensus earnings per share forecast from the 9 analysts that follow the stock is $4.40. This value represents a 7.84% increase compared to the same quarter last year. MTB missed the consensus earnings per share in the 1st calendar quarter of 2025 by -0.88%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for MTB is 11.33 vs. an industry ratio of 12.70.
KeyCorp (KEY)is reporting for the quarter ending September 30, 2025. The bank company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.38. This value represents a 26.67% increase compared to the same quarter last year. In the past year KEY has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 2.94%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for KEY is 12.42 vs. an industry ratio of 12.70.
Snap-On Incorporated (SNA)is reporting for the quarter ending September 30, 2025. The tools company's consensus earnings per share forecast from the 5 analysts that follow the stock is $4.59. This value represents a 2.34% decrease compared to the same quarter last year. SNA missed the consensus earnings per share in the 1st calendar quarter of 2025 by -6.24%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for SNA is 18.03 vs. an industry ratio of 18.00, implying that they will have a higher earnings growth than their competitors in the same industry.
Commerce Bancshares, Inc. (CBSH)is reporting for the quarter ending September 30, 2025. The bank (midwest) company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.09. This value represents a 1.87% increase compared to the same quarter last year. In the past year CBSH has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 11.76%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for CBSH is 13.72 vs. an industry ratio of 10.90, implying that they will have a higher earnings growth than their competitors in the same industry.
Infosys Limited (INFY)is reporting for the quarter ending September 30, 2025. The information technology services company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.19. This value represents a no change for the same quarter last year. In the past year INFY has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2026 Price to Earnings ratio for INFY is 21.13 vs. an industry ratio of 14.30, implying that they will have a higher earnings growth than their competitors in the same industry.
Commercial Metals Company (CMC)is reporting for the quarter ending August 31, 2025. The steel company's consensus earnings per share forecast from the 4 analysts that follow the stock is $1.32. This value represents a 46.67% increase compared to the same quarter last year. Zacks Investment Research reports that the 2025 Price to Earnings ratio for CMC is 19.56 vs. an industry ratio of 7.50, implying that they will have a higher earnings growth than their competitors in the same industry.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Pre-Market Earnings Report for October 16, 2025 : TSM, SCHW, MMC, BK, USB, TRV, MTB, KEY, SNA, CBSH, INFY, CMC

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Strategic Education Inc (Symbol: STRA), where a total of 756 contracts have traded so far, representing approximately 75,600 underlying shares. That amounts to about 48.4% of STRA's average daily trading volume over the past month of 156,290 shares. Especially high volume was seen for the $70 strike call option expiring April 17, 2026, with 372 contracts trading so far today, representing approximately 37,200 underlying shares of STRA. Below is a chart showing STRA's trailing twelve month trading history, with the $70 strike highlighted in orange:
Perpetua Resources Corp (Symbol: PPTA) saw options trading volume of 18,735 contracts, representing approximately 1.9 million underlying shares or approximately 47.6% of PPTA's average daily trading volume over the past month, of 3.9 million shares. Especially high volume was seen for the $30 strike call option expiring October 17, 2025, with 3,140 contracts trading so far today, representing approximately 314,000 underlying shares of PPTA. Below is a chart showing PPTA's trailing twelve month trading history, with the $30 strike highlighted in orange:
And The Charles Schwab Corporation (Symbol: SCHW) saw options trading volume of 42,059 contracts, representing approximately 4.2 million underlying shares or approximately 46.9% of SCHW's average daily trading volume over the past month, of 9.0 million shares. Particularly high volume was seen for the $100 strike call option expiring October 17, 2025, with 7,143 contracts trading so far today, representing approximately 714,300 underlying shares of SCHW. Below is a chart showing SCHW's trailing twelve month trading history, with the $100 strike highlighted in orange:
For the various different available expirations for STRA options, PPTA options, or SCHW options, visit StockOptionsChannel.com.
Also see:
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NBH Insider Buying
Funds Holding CLXT
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Periodand min./max. price, $	Price change, %		Volatility, %		Volume, $
Periodand min./max. price, $	SCHW	Industry	SCHW	Industry	Volume, $
Yesterday 94.0 - 95.0	2.72	17.02	3.79	1.01	144.14M
Week 93.6 - 95.8	2.36	16.36	1.45	2.78	2.38B
Month 92.0 - 97.3	1.87	12.59	9.50	6.62	13.04B
3 Months 90.5 - 99.6	-1.46	19.93	14.14	11.78	39.26B
6 Months 79.5 - 99.6	21.62	27.22	22.23	18.38	71.06B
Year 65.9 - 99.6	35.19	61.32	26.20	24.62	124.01B
3 years 45.0 - 99.6	24.05	150.85	55.57	51.26	366.66B
5 years 37.3 - 99.6	156.92	82.90	73.98	66.18	540.45B
All time 6.2 - 96.2	758.94	26.29	—	—	482.64B

Charles Schwab Corporation (The)

Price and volatility history

Risk ratios