Charles Schwab Corp. reported a strong first quarter for 2025, with adjusted earnings per share reaching $1.04, surpassing the consensus estimate of $1.01. Revenue for the quarter was $5.6 billion, exceeding the expected $5.52 billion, marking a record revenue for the period. The company also saw total net new assets amounting to $132.4 billion, well above the forecasted $115.69 billion. This performance was driven by increased market volatility, which led to a surge in trading volumes as retail investors actively engaged with the market. Schwab's daily average trades hit 7.39 million, marking a 24% increase from the previous year and surpassing expectations. Additionally, core net new assets grew by 44% to $138 billion, reflecting strong investor interest amid the volatile market conditions.