SCHW

AI Research

Q1 revenue guided +16% YoY, client assets $12.22T → 19% dividend hike to $0.32

Charles Schwab provided Q1 2026 guidance for total revenues to grow approximately 16% year-over-year, pushing shares up 2%, while total client assets rose 18.9% to $12.22 trillion in February 2026. The company declared a 19% increase in its quarterly dividend to $0.32 per share and reported 38.9 million active brokerage accounts, up 5.6% year-over-year. The stock trades near $94 with 18 analysts rating it a Buy and an average target of $120.68; the wide target spread ($94–$148) reflects uncertainty about interest rate normalization's impact on net interest income.