Charles Schwab (NYSE: SCHW) — Q3 2026 Pre Earnings

What to watch
Wealth Management is Schwab's leading product

Its Investor Services segment, 78.2% of revenue, grew 19.3%, second only to Goldman Sachs’ Asset & Wealth Management (+20.0%) among the nine companies in the group, and Schwab depends on it more than any peer.

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Growth rank
#2 of 9
↑ 19.3% year on year in the reported segment
Size rank
#4 of 9
$5.53B segment revenue
Share of the combined segments
8.5%
of $64.68B across 9 companies that report one
Dependence on this segment
78.2%
of SCHW’s total revenue

Who else sells Wealth Management

The revenue segment each company reports that contains this product. 9 companies.

CompanyQuarterRevenue segmentSegment revenue% of companyGrowth
JPMQ2 FY2026 · Jun 30, 2026Consumer & Community Banking$20.27B35.3%↑ 7.6%
JPMQ2 FY2026 · Jun 30, 2026Asset & Wealth Management$6.85B11.9%↑ 18.9%
MSQ2 FY2026 · Jun 30, 2026Wealth Management$8.86B41.5%↑ 14.1%
BACQ2 FY2026 · Jun 30, 2026Global Wealth & Investment Management$6.87B21.8%↑ 15.7%
SCHWQ2 FY2026 · Jun 30, 2026Investor Services$5.53B78.2%↑ 19.3%
GSQ2 FY2026 · Jun 30, 2026Asset & Wealth Management$4.60B22.6%↑ 20.0%
WFCQ2 FY2026 · Jun 30, 2026Wealth and Investment Management$3.89B17.2%↑ 13.2%
USBQ2 FY2026 · Jun 30, 2026Wealth, Corporate, Commercial and Institutional Banking$3.77B49.1%↑ 17.1%
CQ2 FY2026 · Jun 30, 2026Wealth$3.18B12.8%↑ 12.9%
BNYQ2 FY2026 · Jun 30, 2026Investment and Wealth Management$863M15.1%↑ 7.7%

Peer rank: year-on-year growth

Growth of the reported segment, latest quarter. A company with several segments shows its fastest.

GS
20.0%
SCHW
19.3%
JPM
18.9%
USB
17.1%
BAC
15.7%
MS
14.1%
WFC
13.2%
C
12.9%
BNY
7.7%

Concentration: share of company revenue

How much of each company’s total revenue sits in the segment above.

SCHW
78.2%
USB
49.1%
JPM
47.3%
MS
41.5%
GS
22.6%
BAC
21.8%
WFC
17.2%
BNY
15.1%
C
12.8%

Combined segment revenue

The 9 companies that report a segment for this product earned this in those segments in their latest quarters. It is the revenue of the whole reported segment, not of the product alone.

$64.68B

Coverage: Nasdaq 100 and S&P 100 companies mapped to Wealth Management (9 companies, 9 disclose a segment). Quarters differ by company; each row shows its own period end date.

Source: Revenue segments as reported in each company’s SEC filings. Products are mapped to segments from company pages.

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