Charles Schwab Earnings: Profit Jumps 60% in Q2 on Tariff Trading Surge - WSJ
1. Schwab's Q2 profits rose 60% amid increased trading activity. 2. Total revenue hit a record $5.85 billion, surpassing expectations. 3. Client trade revenues surged 23% to $952 million. 4. Despite trading success, bank deposits fell 8% year-over-year. 5. Schwab shares climbed nearly 30% in 2025, closing at an all-time high.