Finance

Schwab Forecasts Revenue Growth of 16% for the First Quarter

A Charles Schwab location in New York.

Photographer: Victor J. Blue/Bloomberg

Charles Schwab Corp. expects revenue growth of around 16% for the first quarter as retail investors remain engaged despite uncertainty about the direction of the economy and the war in the Middle East.

The forecast gives a more near-term outlook than the one the Westlake, Texas-based firm gave in January, when it said the figure for the full year was expected to come in at 9.5% to 10.5%, as trading volume fell slightly after record flows in 2025.