Charles Schwab Corp.’s stock was rising in early trading Thursday after the online broker and money-management company said a surge in trading activity has continued in April, after it reported record revenue and beat analysts’ profit estimates in the first quarter.

Shares of Charles Schwab Corp (SCHW) rallied over 3% on Thursday after the company’s first-quarter earnings surpassed Wall Street expectations. The financial services company posted earnings per share (EPS) of $1.

Charles Schwab’s SCHW first-quarter 2025 adjusted earnings of $1.04 per share beat the Zacks Consensus Estimate of $1.00. The bottom line surged 41% year over year. Shares of the company jumped almost 4.