Schwab reports record revenue and client inflows as PNC, U.S. Bancorp and BNY post higher third-quarter profits →
Charles Schwab, PNC, U.S. Bancorp and BNY reported third-quarter 2026 results on October 15, 2026, and all four showed higher profit than a year earlier. Schwab's revenue rose 17% to a record $7.17 billion and it took in $190.4 billion of core net new assets, while PNC, U.S. Bancorp and BNY reported net income of $2.1 billion, $2.2 billion and $1.7 billion.