Charles Schwab Client Assets Nearly Doubled in May

·2 min read
Charles Schwab Client Assets Nearly Doubled in May

May was very fertile for Charles Schwab (NYSE: SCHW), which saw some of its operational and financial metrics grow considerably on a year-over-year basis during the month. In a monthly update issued yesterday, Schwab announced that its total client assets grew by 84% to $7.4 trillion during the month. Meanwhile, average interest-earning assets rose by 46%.

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