Charles Schwab reports record July core net new assets, up 62%

NEW YORK - Charles Schwab Corporation (NYSE:SCHW), a prominent player in the Capital Markets industry with a market capitalization of $173.5 billion, attracted $46.9 billion in core net new assets during July 2025, marking a 62% increase compared to the same month last year and setting a record for the month, according to a monthly activity report released by the company. InvestingPro analysis shows the company maintains a perfect Piotroski Score of 9, indicating exceptional financial strength.

Total client assets reached $10.96 trillion at the end of July, representing a 15% year-over-year increase and a 2% rise from June 2025. The financial services provider opened 377,000 new brokerage accounts during the month, up 15% from July 2024. This growth aligns with the company’s impressive 16.3% revenue growth over the last twelve months.

Client engagement remained strong with average margin loan balances expanding 4% month-over-month to $85.5 billion. Trading activity continued at elevated levels, with daily average trades exceeding 7 million for the seventh consecutive month. With a robust gross profit margin of 97.2% and strong financial health metrics, InvestingPro data reveals 16 analysts have revised their earnings upwards for the upcoming period.

Transactional sweep cash declined by $4.6 billion to $407.5 billion at month-end, which the company attributed to client net purchasing activity and seasonal advisory fee payments.

The company reported that clients were net buyers of equities and bonds in July, purchasing $10.9 billion and $11.9 billion respectively. Exchange-traded funds saw net buying of $25.8 billion, while mutual funds experienced net selling of $3.4 billion.

As of July 31, Schwab served 37.7 million active brokerage accounts, 5.6 million workplace plan participant accounts, and 2.1 million banking accounts.

Client cash as a percentage of total client assets stood at 9.7% at month-end, down from 9.9% in June and 9.6% in July 2024.

The information in this article is based on a press release statement from Charles Schwab Corporation.

In other recent news, Charles Schwab Corporation has announced a new $20 billion share repurchase program, replacing a previous authorization that had $6.9 billion remaining. Alongside this announcement, the company declared a regular quarterly cash dividend of $0.27 per common share. The company’s recent earnings report revealed adjusted earnings per share of $1.14, surpassing both the consensus estimate of $1.10 and various analysts’ projections. Following these earnings results, Keefe, Bruyette & Woods raised its price target for Schwab to $108, while Citizens JMP increased its target to $110, both maintaining strong ratings on the stock.

Additionally, TD Cowen adjusted its price target to $129, maintaining a Buy rating after Schwab’s announcement of the share buyback program. In another development, Schwab has expanded its 24-hour trading capabilities to include over 1,100 securities, allowing retail clients to trade around the clock on its thinkorswim platform. This expansion primarily adds popular exchange-traded funds to the list of securities available for extended trading hours. These recent developments highlight significant strategic moves by Charles Schwab to enhance shareholder value and expand trading options for clients.

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