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Charles Schwab shares drop as record Q1 results underwhelm

By Benjamin Chiou

Date: Thursday 16 Apr 2026

(Sharecast News) - Shares in Charles Schwab fell on Thursday despite a record first quarter from the US investment services firm as top-line results came in below market forecasts.
Net revenues rose to a record $6.48bn over the three months to 31 March, up 16% year-on-year, helped by client engagement across...

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