LPLA

Charles Schwab reported Q3 2026 earnings of $1.69 per share, beating consensus estimates of $1.66, with revenues of $7.17 billion slightly missing expectations. The stock has underperformed the S&P 500 by 16% year-to-date and carries a Zacks Rank #3 (Hold) rating. LPL Financial Holdings is expected to report earnings on October 27 with projected EPS of $5.69, up 9.4% year-over-year.

Evercore is expected to report a year-over-year decline in earnings and revenues for Q3 2026, with EPS estimated at $2.61 (down 25%) and revenues at $916.49 million (down 12.5%). The stock carries a Zacks Rank #5 and an Earnings ESP of 0%, making it difficult to predict an earnings beat. The company missed consensus estimates in the last quarter by 3.64%.

Charles Schwab reported Q3 2026 adjusted EPS of $1.69, beating estimates of $1.66 with 29% year-over-year growth. However, revenues of $7.17B missed expectations of $7.19B, causing shares to decline 4.5% in pre-market trading.

Positive drivers included record core net new assets of $190.4B (up 38%), higher net interest revenues (+14% to $3.48B), and increased trading revenues (+16% to $1.16B). Headwinds included rising expenses (+9% to $3.24B) and concerns about revenue sustainability amid uncertain interest rates.

JPMorgan Chase reported Q3 2026 earnings of $5.75 per share, missing the consensus estimate of $5.94, with revenues of $50.17 billion also falling short of expectations by 3.9%. Despite underperforming the S&P 500 year-to-date, the company received a Zacks Rank #3 (Hold) rating, suggesting near-term performance in line with the market. The Financial - Investment Bank industry ranks in the top 29% of sectors.

LPL Financial announced that three independent financial advisory firms from Texas—Burnett Financial Services, Fowler Investment Services, and Carlile Investment Services—have joined its broker-dealer and RIA platforms. The three firms collectively manage approximately $430 million in assets and were previously affiliated with Raymond James. The advisors cited LPL's technology, platform familiarity, and advisor-focused culture as key reasons for the move.