Charles Schwab is trading 4.3% down at $91.83 after reporting third-quarter results before the market opened on October 15, 2026, with revenue slightly missing expectations.
- Adjusted earnings were $1.69 per share, beating estimates and increasing 29%.
- Revenue of $7.171 billion slightly missed expectations but rose 17% year over year to a record.
- Broader markets were also lower: the Nasdaq fell 1.09% and the S&P 500 fell 0.43%.