Schwab Charlesreason 02 of 4it makes it for less than anyone else canderived 2026-09-11accession 0000316709-26-000031
Net interest margin increased to 3.00% in Q2 2026 compared to 2.66% in Q2 2025
Bank sweep deposits and payables to brokerage clients increased by $42.7 billion, or 14%, from June 30, 2025 to June 30, 2026
More than 80% of bank deposits qualified for FDIC insurance as of June 30, 2026
The Company establishes the rates paid on certain brokerage client cash balances and bank deposits
no findingread · nothing bore on it
It held on this filing. No finding was written because nothing in it bore on the reason — the sentences it was read against are below.
the evidence · every sentence checkedfour sentences · whole, uncut
the claims it rests on
“Net interest margin increased to 3.00% in Q2 2026 compared to 2.66% in Q2 2025”
“Bank sweep deposits and payables to brokerage clients increased by $42.7 billion, or 14%, from June 30, 2025 to June 30, 2026”
“More than 80% of bank deposits qualified for FDIC insurance as of June 30, 2026”
“The Company establishes the rates paid on certain brokerage client cash balances and bank deposits”