On Monday, Charles Schwab announced third-quarter results that exceeded analysts' projections and sales that exceeded expectations.
Charles Schwab reported $0.84 profits per share on $4.57 billion in revenue. Investing.com polled analysts, who predicted $0.8043 EPS on $4.51 billion in revenue.
Charles Schwab's stock is up 47% since the start of the year, but it's still down 1.06 % from its 52-week high of $78.94 reached on October 11. They have outperformed the S&P 500, which has gained 18.16 % since the beginning of the year.
This month, Charles Schwab will be tracking the earnings of other large financial institutions.
JPMorgan announced earnings of $3.74 per share on revenue of $30.44 billion on Wednesday, beating estimates of $3 per share on revenue of $29.86 billion.
On Thursday, UnitedHealth reported third-quarter earnings of $4.52 per share on revenue of $72.34 billion, compared to a projection of $4.41 per share on revenue of $71.3 billion.