Charles Schwab reported fourth-quarter earnings that matched analyst expectations, with adjusted EPS of $1.39. Revenue hit a record $6.34 billion, up 19% year-over-year. Shares nonetheless fell 3%, suggesting investor disappointment despite the in-line performance. The financial services giant also announced $11.8 billion in total 2025 capital returns.

The firm posted strong organic growth, attracting $519.4 billion in core net new assets for the full year. Total client assets reached a record $11.90 trillion, an 18% increase. Trading revenue jumped 22%, while the net interest margin expanded to 2.90%. CEO Rick Wurster highlighted growth across all fronts in 2025.

The market's negative reaction to in-line results may reflect elevated expectations for the brokerage giant. Investors often scrutinize asset growth and fee trends closely. With a 5.1% organic growth rate and expanding margins, Schwab remains a key player. The next quarter's performance will be watched for sustainability of this growth trajectory.