• Financial - Capital Markets
  • Financial Services
The Charles Schwab Corporation logo
The Charles Schwab Corporation
SCHW · US · NYSE
62.49
USD
+0.72
(1.15%)
Company Overview

3000 SCHWAB WAY,WESTLAKE TX 76262,817-859-5000

CEO

Mr. Walter William Bettinger II

Employess

32

Sector

Financial Services

Industry

Financial - Capital Markets

Website

https://www.schwab.com

The Charles Schwab Corporation, together with its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company operates in two segments, Investor Services and Advisor Services. The Investor Services segment provides retail brokerage, investment advisory, banking and trust, retirement plan, and other corporate brokerage services; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; and retail investor and mutual fund clearing services, as well as compliance solutions. The Advisor Services segment offers custodial, trading, banking, and support services; and retirement business and corporate brokerage retirement services. This segment provides brokerage accounts with equity and fixed income, margin lending, options, and futures and forex trading; cash management capabilities comprising third-party certificates of deposit; third-party and proprietary mutual funds; plus mutual fund trading and clearing services; and exchange-traded funds (ETFs), including proprietary and third-party ETFs. It also offers advice solutions, such as managed portfolios of proprietary and third-party mutual funds and ETFs, separately managed accounts, customized personal advice for tailored portfolios, and specialized planning and portfolio management. In addition, this segment provides banking products and services, including checking and savings accounts, first lien residential real estate mortgage loans, home equity lines of credit, and pledged asset lines; and trust services comprising trust custody services, personal trust reporting services, and administrative trustee services. As of December 31, 2021, the Company had approximately 400 domestic branch offices in 48 states and the District of Columbia, as well as locations in Puerto Rico, the United Kingdom, Hong Kong, and Singapore. The Charles Schwab Corporation was incorporated in 1971 and is headquartered in Westlake, Texas.

Next Earnings Date

Oct. 21, 2024

Ex Dividends date

Aug. 23, 2024

Dividend Date

Aug. 9, 2024

YTD Performance

-9.57%

Fiscal Year End

12-31

IPO Date

1987-09-22

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 13.24% 13.20% 17.23% -9.27%
EPS 11.88% -0.39% 6.18% -27.56%
Equity 14.71% 14.66% -9.93% 11.88%
Cash 18.82% 9.18% 2.41% 7.82%
Return On Capital (ROIC) 9.44% 8.57% 8.63% 7.36%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 10,500 17,000 4,860 1,980 828
Long Term Debt 48,800 20,800 18,900 13,600 7,430
LT Finance Leases 746 68 94 6 574
Shares Outstanding 1,820 1,880 1,890 1,430 1,310
Market Cap 125,000 157,000 159,000 75,800 62,400
Price
Business Segments (Beta)
Geographical Segments (Beta)
Not available
News
7 Financial Stocks That Could Benefit from Rising Interest Rates
1 month

While interest rates remain high, it offers a good opportunity to investors to consider these financial stocks for rising interest rates. An increase in interest rates often results in increased net interest margins for banks and other financial institutions.

investorplace.com
Fed should cut by 50 basis points in September, says Charles Schwab's Kathy Jones
1 month

Kathy Jones, Charles Schwab chief fixed income strategist, joins 'Money Movers' to discuss her expectations for fixed income from here, what to expect from the Fed in September, and why there should be a 50 basis point rate cut.

youtube.com
The Zacks Analyst Blog Charles Schwab, Interactive Brokers and LPL Financial
1 month

Charles Schwab, Interactive Brokers and LPL Financial are included in this Analyst Blog.

zacks.com
Ex-Dividend Reminder: Charles Schwab, Premier Financial And IBM
1 month

On 8/9/24, Charles Schwab, Premier Financial, and International Business Machines will all trade ex-dividend for their respective upcoming dividends. Charles Schwab will pay its quarterly dividend of $0.25 on 8/23/24, Premier Financial will pay its quarterly dividend of $0.31 on 8/16/24, and International Business Machines will pay its quarterly dividend of $1.67 on 9/10/24.

forbes.com
Schwab (SCHW) Down 14% in a Month: Should You Buy or Stay Away?
1 month

Schwab (SCHW) slides 14% in the past month. Here, we are trying to decipher what led to the sell-off and if investors should buy the dip or stay away from the stock.

zacks.com
The 3 stocks insiders are secretly buying
1 month

Finding insider buys among the S&P 500 companies and their stock might prove challenging in 2024, with an overall sentiment heavily favoring sales by CEOs and other higher executives; however, there are some notable exceptions.

finbold.com
Charles Schwab Crashed Again, Adding to Investors' Frustrations During a Market Meltdown
1 month

Thousands of login issues were reported amid market volatility.

cnet.com
Charles Schwab, Fidelity, other brokerages experience outages amid market volatility
1 month

Online brokerage firms, mutual fund and ETF customers had troubled executing orders as U.S. stocks tumbled in tandem with global equities from Japan to Europe on Monday.

foxbusiness.com
Charles Schwab, Fidelity and Vanguard Among Investment Sites That Crashed This Morning
1 month

Thousands of login issues reported amid market volatility.

cnet.com
Schwab, Fidelity, E-Trade suffer outages during Monday's stock-market selloff
1 month

Global equity markets dropped — again — on Monday as the Dow DJIA, S&P 500 SPX and Nasdaq COMP were all down more than 2% as of late morning.

marketwatch.com
Calls of the Day: Charles Schwab, 3M and Uber
2 months

The Investment Committee discuss the latest Calls Of The Day.

youtube.com
Charles Schwab's Strategic Shift May Weigh On Stock: 'Could Significantly Change The Economics That Drive Nearly Half The Company's Revenue'
2 months

Charles Schwab Corporation SCHW tanked in early trading on Monday, after several analysts cut their forecasts following the company's second-quarter results.

benzinga.com