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UPDATE: Charles Schwab Q2 Net Profit Declines 7%

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Charles Schwab (NYSE: SCHW) reported a 7% drop in its fall in its second-quarter profit.

Charles Schwab's quarterly net profit declined to $256 million, or $0.18 per share, versus $275 million, or $0.20 per share, in the year-ago period.

Its revenue climbed 4% to $1.34 billion.

Charles Schwab shares dropped 0.74% to $21.55 in pre-market trading.

Posted-In: profitEarnings News

 

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