Charles Schwab Corp. expects 16% revenue growth for the first quarter of 2026, up from its earlier full-year projection of 9.5% to 10.5%. The Westlake, Texas-based brokerage firm said retail investors remain active despite economic uncertainty and geopolitical tensions in the Middle East.

The updated forecast shows stronger-than-expected performance in the current quarter. Trading volumes dipped slightly after record flows in 2025, yet Schwab's business continues to benefit from sustained retail engagement. The company had previously guided to mid-single-digit annual growth.

Schwab's optimistic near-term outlook contrasts with broader market concerns about economic volatility. The firm's ability to maintain robust revenue growth suggests retail investors are staying in the market, providing a stabilizing force for brokerage operations during uncertain times.