With a net income margin of 33.26% and upside potential of 27.70%, The Charles Schwab Corporation (NYSE:SCHW) ranks among the best extremely profitable stocks to buy according to Wall Street analysts.
The company reported net income of $8.85 billion for the recently completed fiscal year (FY25)
The company managed to carry that momentum into 2026. On April 16, 2026, The Charles Schwab Corporation (NYSE:SCHW) reported first-quarter net income of $2.48 billion, or $1.37 per share, up from $1.91 billion, or $0.99 per share, a year earlier. Quarterly revenue surged 16% to a record $6.48 billion, supported by client engagement across wealth, trading, and lending.
Schwab also announced a phased rollout of spot crypto trading, covering bitcoin and Ethereum, for retail clients in the coming weeks. Trading stood out in the quarter. Daily average trading volume jumped 34% to a record 9.9 million, with trading revenue rising 20% on record engagement, despite a volatile first quarter marked by the U.S.–Israel–Iran conflict, which rattled investors and revived stagflation fears amid oil supply concerns.