New York, Jan 19, 2026, 18:21 EST — Market closed.
- SCHW finished 1.03% higher at $103.82, trading just shy of its 52-week peak by roughly 1%.
- U.S. equity markets remain closed today for Martin Luther King Jr. Day, reopening Tuesday.
- Schwab will release its fourth-quarter earnings and hold a management webcast on Wednesday.
The Charles Schwab Corp’s shares gained 1.03% to close at $103.82 on Friday, hovering just below their 52-week peak. Investors are gearing up for a packed earnings slate from brokers and banks this week. (MarketWatch)
U.S. stock markets shut down Monday in observance of Martin Luther King Jr. Day, leaving Schwab’s next major price movement to be seen when trading resumes Tuesday. (New York Stock Exchange)
Index futures dipped Monday following President Donald Trump’s threat to impose new tariffs on imports from eight European nations, a development likely to fuel risk-off sentiment when Wall Street reopens. Stephen Innes of SPI Asset Management noted in a commentary that “Trump’s moves are testing the strategic alignment and institutional trust underlying support from Europe.” (AP News)
That’s key for Schwab since it operates at the intersection of markets and interest rates. The broker pulls in fees based on client assets and also makes net interest revenue — the difference between earnings on client cash and loans versus its payouts.
Schwab set Wednesday, Jan. 21, as the date for its fourth-quarter 2025 earnings release, which will come with the December monthly activity report. (About Schwab)
That same morning, management plans to hold a “Winter Business Update” webcast. CEO Rick Wurster and CFO Mike Verdeschi are set to participate, per the company’s announcement. The event runs from 8:30 a.m. to 9:30 a.m. ET. (Press Room)
Peers are set to report as well. Interactive Brokers will unveil its fourth-quarter results Tuesday, Jan. 20, with a release expected around 4:00 p.m. ET. (Interactive Brokers)
Investors watching Schwab often zero in on how client cash moves — sticking in low-yield bank sweep accounts or shifting toward higher-yield money market funds and similar products. That migration can squeeze the spread Schwab makes on cash, even as overall client balances rise.
Trading activity is another key swing factor. Higher volumes boost commissions and trading revenue, while slower markets push the firm to rely more on interest income and fees tied to assets.
But there’s a clear snag this week. Sharp market drops on tariff news hit client asset values, cutting fee income and often damping risk appetite — a difficult setup for brokers ahead of earnings.
Schwab’s most recent close came amid a slightly weaker market last week. The S&P 500 dropped 0.1% on Friday and wrapped up the week down 0.4%. The Nasdaq also edged down 0.1% on the day, according to an Associated Press summary. (AP News)
Trading picks up again Tuesday, but all eyes are on Wednesday’s pre-market earnings release and the management update that follows. Investors want specifics on client assets, net new money, and the pace of cash flows — figures that could rapidly reshape expectations for SCHW.
