second-quarter report<\/a>\u00a0topped expectations. Schwab posted adjusted earnings per share of 75 cents on $4.66 billion in revenue. Analysts polled by Refinitiv estimated 71 cents per share on $4.61 billion of revenue.<\/p>\nThe stock is still down more than 21% this year, even after Tuesday’s surge. Schwab shares sold off dramatically earlier this year during the regional banking crisis amid concerns about deposit outflows and its balance sheet.<\/p>\n
\u2014 CNBC’s Jesse Pound contributed reporting.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n Source: www.cnbc.com<\/p>\n","protected":false},"excerpt":{"rendered":"
Walter “Walt” Bettinger, president and chief executive officer of Charles Schwab Corp., speaks during the 2015 Fortune Global Forum in San Francisco, California, on Tuesday, Nov. 3, 2015. David Paul Morris | Bloomberg | Getty Images Charles Schwab CEO Walt Bettinger said Tuesday that retail investors using his brokerage platform are showing signs of bullishness…<\/p>\n","protected":false},"author":1,"featured_media":41379,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"WB4WB4WP_MODE":"","WB4WP_PAGE_SCRIPTS":"","WB4WP_PAGE_STYLES":"","WB4WP_PAGE_FONTS":"","WB4WP_PAGE_HEADER":"","WB4WP_PAGE_FOOTER":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[78],"tags":[],"class_list":["post-41378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\n
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