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Schwab Charles Corp(SCHW US)

$90.58-0.860.94%Ext:$90.18-0.400.45%(Market Closed · 23:59:50 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

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SCHW US​

Schwab Charles Corp — Company Profile

The Charles Schwab Corporation (SCHW) stands as a prominent financial services enterprise, delivering a comprehensive suite of offerings that encompass wealth management, securities trading and brokerage, banking services, asset administration, custodial solutions, and financial planning advice. Its operations are primarily structured around two core divisions: Investor Services and Advisor Services. The Investor Services segment caters directly to individual retail clients, furnishing a range of services such as brokerage accounts, investment guidance, banking and trust administration, retirement planning, and corporate brokerage offerings. It further assists businesses with the full-service recordkeeping of equity compensation plans (e.g., stock options, restricted stock, performance shares), provides clearing services for retail investors and mutual funds, and offers compliance solutions. Conversely, the Advisor Services segment provides a robust support system for independent investment advisors. This includes custodial services, trading platforms, banking infrastructure, and general operational support. Within this segment, offerings span diverse brokerage accounts for equities, fixed income, margin lending, options, and futures/forex trading. It also facilitates cash management through various instruments, provides access to a broad selection of proprietary and third-party mutual funds and ETFs, and offers comprehensive trading and clearing for these investment vehicles. Furthermore, it delivers sophisticated advice solutions like managed portfolios, separately managed accounts, customized personal financial guidance, and specialized planning. Complementing these are banking products such as checking and savings accounts, first-lien residential mortgages, home equity lines of credit, and pledged asset lines, alongside a full spectrum of trust services including custody, reporting, and administrative roles. As of December 31, 2021, the company maintained an extensive physical presence, with approximately 400 domestic branch offices located across 48 U.S. states and the District of Columbia, in addition to sites in Puerto Rico, the United Kingdom, Hong Kong, and Singapore. Established in 1971, its corporate headquarters are situated in Westlake, Texas.

Sector
Financials
Industry
Capital Markets
Exchange
UN
CEO
Richard Andrew Wurster
Headquarters
Westlake, TX, US
IPO Date
Sep 22, 1987
Employees
33,700
Website
www.aboutschwab.com

Key Metrics

Price
$96.70
Market Cap
$168.17B
Revenue (TTM)
$7.30B
Net Income (TTM)
$2.48B
EPS (TTM)
1.37
P/E (TTM)
17.85
P/B (TTM)
3.42
Dividend Yield
133.17%
ROE (TTM)
5.04%
ROA (TTM)
0.50%
Operating Margin
43.67%
Beta
0.32

Dividends

Last Dividend
$0.32
Last Yield
1.33%

Summary

The Charles Schwab Corporation (SCHW) stands as a prominent financial services enterprise, delivering a comprehensive suite of offerings that encompass wealth management, securities trading and brokerage, banking services, asset administration, custodial solutions, and financial planning advice. Its operations are primarily structured around two core divisions: Investor Services and Advisor Services. The Investor Services segment caters directly to individual retail clients, furnishing a range of services such as brokerage accounts, investment guidance, banking and trust administration, retirement planning, and corporate brokerage offerings. It further assists businesses with the full-service recordkeeping of equity compensation plans (e.g., stock options, restricted stock, performance shares), provides clearing services for retail investors and mutual funds, and offers compliance solutions. Conversely, the Advisor Services segment provides a robust support system for independent investment advisors. This includes custodial services, trading platforms, banking infrastructure, and general operational support. Within this segment, offerings span diverse brokerage accounts for equities, fixed income, margin lending, options, and futures/forex trading. It also facilitates cash management through various instruments, provides access to a broad selection of proprietary and third-party mutual funds and ETFs, and offers comprehensive trading and clearing for these investment vehicles. Furthermore, it delivers sophisticated advice solutions like managed portfolios, separately managed accounts, customized personal financial guidance, and specialized planning. Complementing these are banking products such as checking and savings accounts, first-lien residential mortgages, home equity lines of credit, and pledged asset lines, alongside a full spectrum of trust services including custody, reporting, and administrative roles. As of December 31, 2021, the company maintained an extensive physical presence, with approximately 400 domestic branch offices located across 48 U.S. states and the District of Columbia, in addition to sites in Puerto Rico, the United Kingdom, Hong Kong, and Singapore. Established in 1971, its corporate headquarters are situated in Westlake, Texas.

Website
www.aboutschwab.com
Location
Westlake, TX, US
Phone817 859 5000
Employees33,700
CEORichard Andrew Wurster
Sector
Financials
Industry
Capital Markets
IPO DateSep 22, 1987

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Latest Documents

SEC Filings(3.8K)

Expand
  • 8-KResults of Operations and Financial Condition15 Oct
  • CERTCERT6 Oct
  • 8-A12BRegistration of securities (Section 12(b))6 Oct
  • 4Statement of changes in beneficial ownership5 Oct
  • 4Statement of changes in beneficial ownership5 Oct
  • 4Statement of changes in beneficial ownership5 Oct
  • 4Statement of changes in beneficial ownership5 Oct
  • 4Statement of changes in beneficial ownership5 Oct
  • 4Statement of changes in beneficial ownership25 Sep
  • 4Statement of changes in beneficial ownership2 Sep
  • 4Statement of changes in beneficial ownership31 Aug
  • 4Statement of changes in beneficial ownership31 Aug
  • 4Statement of changes in beneficial ownership28 Aug
  • 144Bettinger Walter W28 Aug
  • 144Hathi Neesha28 Aug
  • 4Statement of changes in beneficial ownership27 Aug
  • 4Statement of changes in beneficial ownership26 Aug
  • 4Statement of changes in beneficial ownership26 Aug
  • 144Schwab-Pomerantz Carolyn26 Aug
  • 144Bettinger Walter W24 Aug

News

  • Schwab Declares Quarterly Common Stock Dividend and Declares Preferred Stock Dividends22 Oct
  • Schwab Withholds 10% From an IRA Withdrawal Unless You Change One Line on the Form. For a Retiree in the 24% Bracket That’s a $7,000 Surprise in April on a $50,000 Distribution20 Oct
  • Schwab Consistently Keeps EOCA Low20 Oct
  • Think The AI Boom Is Dead? I Don't: 2 Picks For The Next Wave20 Oct
  • Investors Have Borrowed a Near-Record $1.48 Trillion. This Surprising Tax Strategy Is Fueling the Binge19 Oct
  • Charles Schwab: One Of My Best Ideas In Financials19 Oct
  • Three in Four Crypto Owners Want to Hold It at Their Own Bank. Which Banks Already Let You?18 Oct
  • AI Agents Trading Stocks While You Sleep? Charles Schwab's CEO Is Skeptical18 Oct
  • Deutsche Bank Is Weeks From Holding Bitcoin and Ethereum for Clients. Could Other Big Banks Follow?17 Oct
  • Fidelity, Schwab, and Vanguard Will Each Calculate Your RMD for You. None of Them Counts the IRA at the Other Two Firms, and the 25% Penalty on the Shortfall Is Yours17 Oct
  • Banque Pictet & Cie SA Acquires 5,582 Shares of The Charles Schwab Corporation $SCHW17 Oct
  • Schwab: 3 Key Takeaways for Long-Term Investors16 Oct
  • Charles Schwab Stock Is Falling Friday: What's Going On?16 Oct
  • Charles Schwab CEO Rick Wurster on Q3 results: A record quarter in serving clients16 Oct
  • These Analysts Revise Their Forecasts On Charles Schwab After Q3 Results16 Oct
  • Charles Schwab Q3: A Quality Compounder Trading At 12x Earnings15 Oct
  • Crude Oil Moves Higher; Charles Schwab Shares Fall After Q3 Results15 Oct
  • The Charles Schwab Corporation (SCHW) Discusses Client Growth, Strategic Positioning, and Record Financial Performance Transcript15 Oct
  • Charles Schwab Q3 Earnings Call Highlights15 Oct
  • Schwab Q3 Earnings Beat on Higher NIR, Stock Slides on Revenue Miss15 Oct

Mentions in Filings

  • … rmerly, Managing Member, Ridgefield Farm LLC (a private investment vehicle), 2004 to 2016; formerly, President and CEO, Westaff, Inc. (temporary staffing), May 2001 to January 2002; formerly, Senior Executive, <strong>The Charles Schwab Corporation</strong>, 1983 to 1998, including Chief Executive Officer, Charles Schwab Investment Management, Inc.; formerly, Trustee, Schwab Family of Funds and Schwab Investments, 1997 to 1998; formerly, Executive Vice President- …
    Neuberger Berman ETF TrustSchwab Charles Corp·485APOS - Post-effective amendment (open-end investment companies)·Q1 27·20 Oct
  • … Certain trustees are “interested persons.” A trustee is considered an interested person (Interested Trustee) of the Trust under the 1940 Act if he or she is an officer, director, or an employee of Schwab Asset Management. A trustee also may be considered an interested person of the Trust under the 1940 Act if he or she owns stock of <strong>The Charles Schwab Corporation</strong> (CSC), a publicly traded company and the parent company of Schwab Asset Management.
    SCHWAB STRATEGIC TRUSTSchwab Charles Corp·497 - Definitive materials (investment companies)·Q4 26·16 Oct
  • … p, Inc., Intercontinental Exchange, Inc., Lazard, Inc., LPL Financial Holdings Inc., MarketAxess Holdings, Inc., Nasdaq, Inc., Oppenheimer Holdings Inc., Piper Sandler Companies, Raymond James Financial, Inc., <strong>The Charles Schwab Corporation</strong>, Stifel Financial Corp., TP ICAP Group plc, Tradeweb Markets Inc. and Virtu Financial, Inc. While we determine these levels by reviewing publicly available information with respect to our peer group of compani …
    BGC Group, Inc.Schwab Charles Corp·DEF 14A - PROXY STATEMENT·Q4 26·8 Oct
  • … s Vice Chairman of XCHG Xpansiv, an intelligent commodities exchange focusing on renewable energy products. He served on the board of Forge Global Holdings, Inc. (NYSE: FRGE) from 2024 until its acquisition by <strong>The Charles Schwab Corporation</strong> in March 2026. He is also on the board of various other private companies in the data management, fintech, digital law, and site logistics businesses. Mr. Leibowitz also served on the boards of directors of En …
    Hyperliquid Strategies IncSchwab Charles Corp·DEF 14A - Definitive proxy statement·Q2 27·2 Oct
  • … Consumers Seek Greater Financial Value From Loyalty** The U.S. launch comes as younger consumers increasingly engage with investing earlier in life and expect more tangible value from loyalty programs. According to <strong>the Charles Schwab</strong> Modern Wealth Survey2, retail investing among 25-year-olds has grown from 6% in 2015 to 37% today, while according to JP Morgan3 Gen Z consumers are opening their first investment accounts at age 19 on average- far …
    WeShop Holdings LtdSchwab Charles Corp·424B3 - Prospectus filing (Rule 424(b)(3))·Q4 26·1 Oct
  • … Consumers Seek Greater Financial Value From Loyalty** The U.S. launch comes as younger consumers increasingly engage with investing earlier in life and expect more tangible value from loyalty programs. According to <strong>the Charles Schwab</strong> Modern Wealth Survey2, retail investing among 25-year-olds has grown from 6% in 2015 to 37% today, while according to JP Morgan3 Gen Z consumers are opening their first investment accounts at age 19 on average- far …
    WeShop Holdings LtdSchwab Charles Corp·EX-99.1 - 6-K - Current report (foreign private issuer)·Q3 26·29 Sep

Key Stats

Trading

Px/Chg 1D$96.70 / -1.70%
Avg Volume11.02M
Beta0.32
Mkt Cap168.17B
FD Mkt Cap190.92B

Float

Shrs Out/Float1.74B / 1.64B
Short Float0.02%
Days to Cover1.85
Stock Repurchased$2.38B

Current Valuation

EV162.93B
EV/EBITDA12.03
EV/Sales5.75
P/B3.42
P/S5.94
FCF Yield4.28%
ROE5.04%
ROA0.50%
Current Ratio12.41

Dividend

Cash$0.32
Yield133.17%
Yield (TTM)133.17%

Estimates

P/E17.85
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings39.7412.9227.5025.9664.5067.84
Price / Sales12.144.165.465.9322.1323.04
Price / Book Value3.152.543.403.193.213.42
Price / Free Cash Flow3.8585.477.3875.23-172.2023.35
ENTERPRISE VALUE METRICS
Enterprise Value148,835.6100,206.4164,288.6166,470.4150,278.0162,934.8
Enterprise Value / Sales12.124.496.446.4020.9722.32
Enterprise Value / EBITDA27.609.4221.2918.2442.7846.28
Enterprise Value / EBIT31.2910.6725.7621.6447.2651.11

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue9.9%18,996.022,307.025,521.025,999.027,675.0
Gross Income6.6%18,520.020,762.018,837.019,606.023,921.0
EBITDA9.6%8,877.010,636.07,716.09,127.012,821.0
EBIT10.4%7,713.09,388.06,378.07,692.011,459.0
Net Income10.9%5,855.07,183.05,067.05,942.08,852.0
EPS (Diluted)13.3%2.833.502.542.994.66
BALANCE SHEET
Cash & ST Inv-30.1%453,029.0188,025.0149,250.0124,699.0108,106.0
Total Assets-7.4%667,270.0551,772.0493,178.0479,843.0490,995.0
Total Liabilities-7.8%611,009.0515,164.0452,220.0431,468.0441,570.0
Total Shareholder Equity-3.2%56,261.036,608.040,958.048,375.049,425.0
CASH FLOW
Net Operating Cash Flow44.8%2,118.02,057.019,587.02,670.09,311.0
Cap Ex-12.1%-916.0-971.0-700.0-620.0-548.0
Free Cash Flow64.3%1,202.01,086.018,887.02,050.08,763.0

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)90.71
Basic Shares1,739.14
Market Cap157,757.4
Diluted Shares1,733.00
Fully Diluted Shares Outstanding1,733.00
Fully Diluted Market Cap157,200.4
+Consolidated Debt420.0
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-317.0
−Short-term Investments-379.0
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value157,860.4

Segment data

Revenue

by Products and services

  • Interest Revenue56%
  • Asset Management And Administration Fees24%
  • Trading Revenue14%
  • Bank Deposit Account Fees4%
  • Other3%

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