Charles Schwab (SCHW) Misses Q1 EPS by 2c
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Schwab Reports First Quarter Results
April 15, 2015 8:45 AM EDTClient Assets Total $2.52Â Trillion, up $216Â Billion Year-over-Year
SAN FRANCISCO--(BUSINESS WIRE)-- The Charles Schwab Corporation announced today that its net income for the first quarter of 2015 was $302 million, down 14% from $350 million for the fourth quarter of 2014, and down 7% from $326 million for the first quarter of 2014. These results lag the outlook expressed in the companys press release dated March 13, 2015, primarily due to the earlier timing of certain compensation expenses.
   Three Months Ended --March 31,-- % Financial Highlights  2015  2014  Change Net revenues (in millions) $ 1,526 $ 1,478... More