Charles Schwab : Release and table (schw apr2026 press release)
SCHW
Published on 05/14/2026 at 08:46 am EDT
Mayura Hooper Jeff Edwards
Charles Schwab Charles Schwab
Phone: 415-667-1525 Phone: 817-854-6177
Core net new assets brought to the company in April totaled $7.2 billion. Consistent with prior years, these flows reflect the impact of client tax disbursements during the month.
Total client assets equaled $12.61 trillion as of month-end April, up 27% from April 2025 and up 7% compared to March 2026.
New brokerage accounts opened during the month totaled 437,000, flat compared to April 2025.
Daily average trades reached a record 10.3 million, driven by sustained engagement in equities and exchange traded fund products. Additionally, record client margin loan balances were up 21% from year-end to $136.0 billion of which $29.6 billion was related to long/short strategies.
Average interest-earning assets on the company's balance sheet were $444.6 billion in April, up 3% from April 2025 and up 2% compared to March 2026.
The company will host its 2026 Institutional Investor Day today from 8:30 a.m. CT to 2:30 p.m. CT, 9:30 a.m. ET to 3:30 p.m. ET.
Registration for this webcast is accessible at https://www.aboutschwab.com/schwabevents.
The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with
39.3 million active brokerage accounts, 5.9 million workplace plan participant accounts, 2.3 million banking accounts, and $12.61 trillion in client assets as of April 30, 2026. Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, https://www.sipc.org), and its affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent, fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor ServicesTM. Its primary banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at https://www.aboutschwab.com.
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2025 2026
Apr
21.0
Market Indices (at month end)
Dow Jones Industrial Average®
40,669
42,270
44,095
44,131
45,545
46,398
47,563
47,716
48,063
48,892
48,978
46,342
49,652
7%
22%
Nasdaq Composite®
17,446
19,114
20,370
21,122
21,456
22,660
23,725
23,366
23,242
23,462
22,668
21,591
24,892
15%
43%
Standard & Poor's® 500
5,569
5,912
6,205
6,339
6,460
6,688
6,840
6,849
6,846
6,939
6,879
6,529
7,209
10%
29%
Client Assets (in billions of dollars)
Beginning Client Assets
9,929.7
9,892.2
10,349.0
10,757.3
10,963.5
11,228.1
11,593.9
11,828.0
11,834.3
11,903.0
12,148.5
12,220.3
11,767.9
Net New Assets (1)
1.1
33.6
38.9
45.7
43.3
45.4
41.6
38.7
77.9
27.6
32.5
79.8
6.7
(92%)
N/M
Net Market (Losses) Gains
(38.6)
423.2
369.4
160.5
221.3
320.4
192.5
(32.4)
(9.2)
217.9
39.3
(532.2)
830.7
Total Client Assets (at month end)
9,892.2
10,349.0
10,757.3
10,963.5
11,228.1
11,593.9
11,828.0
11,834.3
11,903.0
12,148.5
12,220.3
11,767.9
12,605.3
7%
27%
Core Net New Assets (1,2)
2.7
35.0
42.6
46.9
44.4
46.2
44.4
40.4
79.1
27.8
32.5
79.7
7.2
(91%)
167%
Receiving Ongoing Advisory Services (at month end)
Investor Services
688.2
711.2
737.6
747.9
771.1
792.5
807.6
817.9
824.8
849.5
866.8
841.3
895.0
6%
30%
Advisor Services
4,353.0
4,525.6
4,687.4
4,765.1
4,888.2
5,016.7
5,106.1
5,155.9
5,195.5
5,311.7
5,394.3
5,201.5
5,525.7
6%
27%
Client Accounts (at month end, in thousands)
Active Brokerage Accounts
37,254
37,375
37,476
37,658
37,798
37,963
38,145
38,266
38,506
38,730
38,925
39,099
39,300
1%
5%
Banking Accounts
2,066
2,077
2,096
2,116
2,137
2,150
2,172
2,189
2,214
2,239
2,258
2,281
2,305
1%
12%
Workplace Plan Participant Accounts (3)
5,518
5,563
5,586
5,619
5,606
5,619
5,696
5,730
5,740
5,793
5,829
5,844
5,864
-
6%
Client Activity
New Brokerage Accounts (in thousands)
439
336
323
377
382
384
429
365
474
476
395
428
437
2%
-
Client Daily Average Trades (DATs) (in thousands)
8,362
7,184
7,147
7,252
7,182
7,832
8,617
8,459
7,746
9,512
9,922
10,232
10,328
1%
24%
Derivative Trades as a Percentage of Total Trades
18.4%
21.0%
20.8%
21.3%
22.5%
22.3%
23.8%
21.7%
21.4%
20.1%
20.1%
20.4%
21.4%
100 bp
300 bp
Margin Balances at month end (in billions of dollars) (4)
76.2
81.3
83.4
88.3
92.4
97.2
105.6
110.1
112.3
116.3
120.6
126.7
136.0
7%
78%
Schwab Trading Activity Index ™ (STAX) (5)
41.2
39.7
40.7
41.8
43.7
46.1
48.1
48.8
48.5
50.0
57.3
56.0
50.1
(11%)
22%
Selected Balances (in billions of dollars)
Average Interest-Earning Assets (6)
430.4
418.7
416.5
416.7
414.4
419.8
428.3
429.1
436.0
441.7
434.2
436.8
444.6
2%
3%
Transactional Sweep Cash (4,7) (at month end)
403.3
398.1
412.1
407.5
406.7
425.6
428.8
427.5
453.7
433.3
436.1
461.5
467.6
1%
16%
Total Money Market Funds (at month end)
637.8
645.8
653.9
658.6
665.2
667.0
675.5
685.9
694.5
693.4
696.2
702.2
688.1
(2%)
8%
Client Cash as a Percentage of Client Assets (8)
10.5%
10.1%
9.9%
9.7%
9.5%
9.4%
9.3%
9.4%
9.7%
9.3%
9.3%
9.9%
9.2%
(70) bp
(130) bp
Net Buy (Sell) Activity (in billions of dollars) (9)
Mutual Funds
(14.0)
(3.2)
(5.4)
(3.4)
(2.2)
(4.8)
(6.3)
(7.3)
(3.6)
(0.9)
(2.4)
(8.5)
(5.7)
Exchange-Traded Funds (ETFs)
18.8
21.9
19.4
25.8
23.0
25.6
28.1
24.9
39.8
34.8
37.4
25.3
27.4
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Number of Trading Days 21.0 21.0 20.0 21.5 21.0 21.0 23.0 18.5 21.5 20.0 19.0 22.0
Change
Mo. Yr.
(1) Unless otherwise noted, differences between net new assets and core net new assets are net flows from off-platform Schwab Bank Retail CDs.
(2) Net new assets before significant one-time inflows or outflows, such as acquisitions/divestitures or extraordinary flows (generally greater than $25 billion) relating to a specific client, and activity from off-platform Schwab Bank Retail CDs. These flows may span multiple reporting periods.
(3) Includes accounts in Retirement Plan Services, Stock Plan Services, Designated Brokerage Services, and Retirement Business Services. Participants may be enrolled in services in more than one Workplace business.
(4) Balances include margin loans and short credits related to certain long/short strategies from which the Company earns a fixed net yield. For the month of April 2026, margin loans totaled $29.6 billion and short credits totaled $30.5 billion.
(5) For additional information regarding STAX, please visit: https://www.schwab.com/investment-research/stax/view-schwab-trading-activity-index.
(6) Represents average total interest-earning assets on the Company's balance sheet. Beginning in December 2025, average balances of client margin loans and short credits related to certain client long/short strategies from which the Company earns a fixed net yield are excluded from average interest-earning assets. Prior period amounts have been adjusted accordingly.
(7) Transactional sweep cash includes bank sweep deposits, and broker-dealer cash balances, other client cash held on the balance sheet (such as bank checking and savings deposits, short credits related to certain client long/short strategies, and broker-dealer non-interest-bearing credits), and bank deposit account balances; excludes proprietary and third-party CDs.
(8) Schwab One®, certain cash equivalents, bank deposits, third-party bank deposit accounts, and money market fund balances as a percentage of total client assets; client cash excludes brokered CDs issued by Charles Schwab Bank.
(9) Represents the principal value of client mutual fund and ETF transactions handled by Schwab, including transactions in proprietary funds. Includes institutional funds available only to investment managers. Excludes money market fund transactions. N/M - Not meaningful. Percentage changes greater than 200% are presented as not meaningful.
Disclaimer
The Charles Schwab Corporation published this content on May 14, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 14, 2026 at 12:45 UTC.