The Charles Schwab Corporation (SCHW), Friday released its Monthly Activity Report for February 2025, highlighting significant growth in core net new assets, which reached $48.0 billion, marking a 44% year-over-year increase.
Total client assets stood at $10.28 trillion, reflecting a 16% rise from February 2024 but a slight 1% decline from January 2025. The company reported 362,000 new brokerage accounts, marking the 15th consecutive month with over 300,000 new openings.
Daily average trades increased by 1% month-over-month to 7.45 million, driven by strong interest in equity securities. Additionally, transactional sweep cash grew by $4.7 billion, reaching $404.3 billion by the end of February.
SCHW is currently trading at $78.11 or 6.26% higher on the NYSE.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.