Content area
Full Text
Charles Schwab Corp. posted net income available to common stockholders of $757 million, or 58 cents per share, for the first three months of 2020, a period in which the coronavirus outbreak pushed mom-and-pop investors onto online trading platforms amid a global sell-off in financial markets.
A year ago, the San Francisco-based retail brokerage had reported net income available to common shareholders of $925 million, or 69 cents per share.
Net revenues fell to $2.62 billion in the first quarter from $2.72 billion in the same quarter of...