Schwab Reports Monthly Activity Highlights

WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of July 2026 include:

• Core net new assets brought to the company increased 24% versus July 2025 to reach $58.1 billion – a July record.
• Total client assets equaled $13.04 trillion as of month-end July, up 19% from July 2025 and relatively flat compared to June 2026.
• New brokerage accounts opened during the month totaled 417,000, an increase of 11% versus July 2025.
• Investor engagement remained strong in July, with daily average trades of 11.6 million and client margin loan balances up 51% from year-end to finish the month at $169.9 billion.
• Transactional sweep cash declined by $8.9 billion to end July at $476.8 billion, reflecting client net purchasing activity as well as typical seasonality related to advisory fee payments.

About Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with 39.9 million active brokerage accounts, 5.9 million workplace plan participant accounts, 2.4 million banking accounts, and $13.04 trillion in client assets as of July 31, 2026. Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, https://www.sipc.org), and its affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent, fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services™. Its primary banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at https://www.aboutschwab.com.

The Charles Schwab Corporation Monthly Activity Report For July 2026
	2025												2026														Change
	Jul		Aug		Sep		Oct		Nov		Dec		Jan		Feb		Mar		Apr		May		Jun		Jul		Mo.		Yr.
Number of Trading Days	21.5		21.0		21.0		23.0		18.5		21.5		20.0		19.0		22.0		21.0		20.0		21.0		22.0
Market Indices (at month end)
Dow Jones Industrial Average^®	44,131		45,545		46,398		47,563		47,716		48,063		48,892		48,978		46,342		49,652		51,032		52,319		52,485		-		19	%
Nasdaq Composite^®	21,122		21,456		22,660		23,725		23,366		23,242		23,462		22,668		21,591		24,892		26,973		26,214		25,374		(3	%)	20	%
Standard & Poor’s^® 500	6,339		6,460		6,688		6,840		6,849		6,846		6,939		6,879		6,529		7,209		7,580		7,499		7,490		-		18	%
Client Assets (in billions of dollars)
Beginning Client Assets	10,757.3		10,963.5		11,228.1		11,593.9		11,828.0		11,834.3		11,903.0		12,148.5		12,220.3		11,767.9		12,605.3		13,135.3		13,084.9
Net New Assets^(1)	45.7		43.3		45.4		41.6		38.7		77.9		27.6		32.5		79.8		6.7		49.9		62.1		60.1		(3	%)	32	%
Net Market Gains (Losses)	160.5		221.3		320.4		192.5		(32.4	)	(9.2	)	217.9		39.3		(532.2	)	830.7		480.1		(112.5	)	(102.5	)
Total Client Assets (at month end)	10,963.5		11,228.1		11,593.9		11,828.0		11,834.3		11,903.0		12,148.5		12,220.3		11,767.9		12,605.3		13,135.3		13,084.9		13,042.5		-		19	%
Core Net New Assets^(1,2)	46.9		44.4		46.2		44.4		40.4		79.1		27.8		32.5		79.7		7.2		49.9		62.7		58.1		(7	%)	24	%
Receiving Ongoing Advisory Services (at month end)
Investor Services	747.9		771.1		792.5		807.6		817.9		824.8		849.5		866.8		841.3		895.0		925.8		929.8		933.7		-		25	%
Advisor Services	4,765.1		4,888.2		5,016.7		5,106.1		5,155.9		5,195.5		5,311.7		5,394.3		5,201.5		5,525.7		5,716.0		5,741.9		5,763.1		-		21	%
Client Accounts (at month end, in thousands)
Active Brokerage Accounts	37,658		37,798		37,963		38,145		38,266		38,506		38,730		38,925		39,099		39,300		39,536		39,802		39,940		-		6	%
Banking Accounts	2,116		2,137		2,150		2,172		2,189		2,214		2,239		2,258		2,281		2,305		2,329		2,352		2,381		1	%	13	%
Workplace Plan Participant Accounts ^(3)	5,619		5,606		5,619		5,696		5,730		5,740		5,793		5,829		5,844		5,864		5,886		5,888		5,915		-		5	%
Client Activity
New Brokerage Accounts (in thousands)	377		382		384		429		365		474		476		395		428		437		461		490		417		(15	%)	11	%
Client Daily Average Trades (DATs) (in thousands)	7,252		7,182		7,832		8,617		8,459		7,746		9,512		9,922		10,232		10,328		11,813		13,615		11,648		(14	%)	61	%
Derivative Trades as a Percentage of Total Trades	21.3	%	22.5	%	22.3	%	23.8	%	21.7	%	21.4	%	20.1	%	20.1	%	20.4	%	21.4	%	19.8	%	17.7	%	20.6	%	290 bp		(70) bp
Margin Balances at month end (in billions of dollars) ^(4)	88.3		92.4		97.2		105.6		110.1		112.3		116.3		120.6		126.7		136.0		154.6		165.1		169.9		3	%	92	%
Schwab Trading Activity Index ^™(STAX)^(5)	41.8		43.7		46.1		48.1		48.8		48.5		50.0		57.3		56.0		50.1		55.1		59.1		59.8		1	%	43	%
Selected Balances (in billions of dollars)
Average Interest-Earning Assets ^(6)	416.7		414.4		419.8		428.3		429.1		436.0		441.7		434.2		436.8		444.6		442.0		448.4		449.9		-		8	%
Transactional Sweep Cash ^(4,7) (at month end)	407.5		406.7		425.6		428.8		427.5		453.7		433.3		436.1		461.5		467.6		472.4		485.7		476.8		(2	%)	17	%
Total Money Market Funds (at month end)	658.6		665.2		667.0		675.5		685.9		694.5		693.4		696.2		702.2		688.1		694.6		691.9		695.3		-		6	%
Client Cash as a Percentage of Client Assets ^(8)	9.7	%	9.5	%	9.4	%	9.3	%	9.4	%	9.7	%	9.3	%	9.3	%	9.9	%	9.2	%	8.9	%	9.0	%	9.0	%	-		(70) bp
Net Buy (Sell) Activity (in billions of dollars) ^(9)
Mutual Funds	(3.4	)	(2.2	)	(4.8	)	(6.3	)	(7.3	)	(3.6	)	(0.9	)	(2.4	)	(8.5	)	(5.7	)	(7.4	)	(10.4	)	(6.0	)
Exchange-Traded Funds (ETFs)	25.8		23.0		25.6		28.1		24.9		39.8		34.8		37.4		25.3		27.4		34.2		32.0		36.3

^(1)	Unless otherwise noted, differences between net new assets and core net new assets are net flows from off-platform Schwab Bank Retail CDs.
^(2)	Net new assets before significant one-time inflows or outflows, such as acquisitions/divestitures or extraordinary flows (generally greater than $25 billion) relating to a specific client, and activity from off-platform Schwab Bank Retail CDs. These flows may span multiple reporting periods.
^(3)	Includes accounts in Retirement Plan Services, Stock Plan Services, Designated Brokerage Services, and Retirement Business Services. Participants may be enrolled in services in more than one Workplace business.
^(4)	Balances include margin loans and short credits related to certain long/short strategies from which the Company earns a fixed net yield. For the month of July 2026, margin loans totaled $46.2 billion and short credits totaled $48.0 billion.
^(5)	For additional information regarding STAX, please visit: https://www.schwab.com/investment-research/stax/view-schwab-trading-activity-index.
^(6)	Represents average total interest-earning assets on the Company's balance sheet. Beginning in December 2025, average balances of client margin loans and short credits related to certain client long/short strategies from which the Company earns a fixed net yield are excluded from average interest-earning assets. Prior period amounts have been adjusted accordingly.
^(7)	Transactional sweep cash includes bank sweep deposits, and broker-dealer cash balances, other client cash held on the balance sheet (such as bank checking and savings deposits, short credits related to certain client long/short strategies, and broker-dealer non-interest-bearing credits), and bank deposit account balances; excludes proprietary and third-party CDs.
^(8)	Schwab One^®, certain cash equivalents, bank deposits, third-party bank deposit accounts, and money market fund balances as a percentage of total client assets; client cash excludes brokered CDs issued by Charles Schwab Bank.
^(9)	Represents the principal value of client mutual fund and ETF transactions handled by Schwab, including transactions in proprietary funds. Includes institutional funds available only to investment managers. Excludes money market fund transactions.