OverviewSuggest Edit

The Charles Schwab Corporation is a bank and brokerage firm. The Company operates in four main divisions: investing, wealth management, banking, and trading. Schwab offers an electronic trading platform for the purchase and sale of financial securities including common stocks, preferred stocks, futures contracts, exchange-traded funds, options, mutual funds, and fixed income investments. It also provides margin lending, and cash management services. The company also provides services through registered investment advisers.
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TypePublic
Founded1971
HQSan Francisco, US
Websiteschwab.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Feb 2019)19,500(+3%)
Job Openings900
Revenue (FY, 2017)$8.6 B(+16%)
Share Price (Feb 2019)$46

Key People/Management at Charles Schwab

Walter Bettinger

Walter Bettinger

President and CEO
Charles Schwab

Charles Schwab

Chairman
James D. McCool

James D. McCool

Executive Vice President, Corporate Initiatives
Ron Carter

Ron Carter

Executive Vice President, Operational Services
G. Andrew Gill

G. Andrew Gill

Executive Vice President, Investor Services
Carrie E. Dwyer

Carrie E. Dwyer

Executive Vice President, General Counsel and Corporate Secretary
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Charles Schwab Office Locations

Charles Schwab has offices in San Francisco, Westlake, Washington, Tysons and in 67 other locations
San Francisco, US (HQ)
211 Main Street
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Charles Schwab Financials and Metrics

Charles Schwab Revenue

Charles Schwab's revenue was reported to be $8.62 b in FY, 2017
USD

Revenue (Q2, 2018)

4.9b

Net income (Q2, 2018)

1.6b

Market capitalization (13-Feb-2019)

62.1b

Closing stock price (13-Feb-2019)

46.0

Cash (30-Jun-2018)

13.3b

EV

54.6b
Charles Schwab's current market capitalization is $62.1 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

4.7b4.9b5.4b6.1b6.4b7.5b8.6b

Revenue growth, %

4%11%11%5%17%

Sales and marketing expense

2.5b2.7b

General and administrative expense

398.0m436.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Revenue

1.4b1.5b1.5b1.6b1.5b1.6b1.6b1.8b1.8b1.9b2.1b2.1b2.4b4.9b

Sales and marketing expense

482.0m528.0m520.0m593.0m581.0m540.0m548.0m626.0m602.0m609.0m701.0m663.0m770.0m1.5b

General and administrative expense

77.0m80.0m80.0m82.0m83.0m85.0m92.0m98.0m101.0m100.0m105.0m107.0m122.0m244.0m

Operating expense total

559.0m608.0m600.0m675.0m664.0m625.0m640.0m724.0m703.0m709.0m806.0m770.0m892.0m1.8b
Annual
usdY, 2010Y, 2011Y, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

4.9b8.7b12.7b7.7b11.4b12.0b10.8b14.2b

Accounts Receivable

88.4m

Goodwill

1.2b1.2b1.2b1.2b1.2b

Total Assets

143.6b154.6b183.7b223.4b243.3b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Cash

7.4b7.2b6.8b8.6b9.0b9.0b10.4b10.5b13.0b10.4b9.5b9.6b14.1b13.3b

Goodwill

1.2b1.2b1.2b1.2b1.2b1.2b1.2b1.2b1.2b1.2b1.2b1.2b1.2b1.2b

Total Assets

140.2b144.1b143.4b147.4b160.0b164.0b170.4b191.0b198.1b209.0b227.1b221.0b248.3b261.9b

Short-term debt

800.0m5.0b3.0b600.0m300.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

1.1b1.3b1.4b1.9b2.4b

Depreciation and Amortization

234.0m269.0m

Cash From Operating Activities

1.7b2.3b1.2b2.7b1.3b

Purchases of PP&E

(22.9b)(15.1b)(21.4b)(29.2b)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Net Income

752.0m326.0m650.0m971.0m302.0m353.0m1.0b412.0m864.0m1.4b564.0m1.1b783.0m1.6b

Depreciation and Amortization

153.0m48.0m96.0m145.0m54.0m55.0m166.0m56.0m113.0m173.0m65.0m131.0m73.0m148.0m

Cash From Operating Activities

825.0m69.0m501.0m1.5b354.0m(369.0m)1.5b974.0m(334.0m)509.0m248.0m3.4b

Purchases of PP&E

(19.9b)(4.2b)(6.5b)(10.6b)(17.5b)(8.0b)(16.6b)(22.8b)
USDY, 2018

EV/CFO

16.2 x

Financial Leverage

13 x
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Charles Schwab Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q3, 2016FY, 2016Q1, 2017

Average Trades per U.S. Trading Day

250.50 61 63 64 251 61 64 251.50 62

Client Assets

$2.46 t$2.51 t$2.78 t

Corporate Retirement Plan Participants

1.40 m1.50 m1.50 m

Daily Average Revenue Trades (DARTs)

298.20 k313 k267 k304 k292 k328 k268 k291.60 k317 k
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Charles Schwab Revenue Breakdown

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Charles Schwab revenue breakdown by business segment: 27.6% from Advisor Services and 72.4% from Investor Services

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Charles Schwab Online and Social Media Presence

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Charles Schwab News and Updates

This Upstart Brokerage Inspired by Charles Schwab Is Changing the Way Brazil Invests

This Upstart Brokerage Inspired by Charles Schwab Is Changing the Way Brazil Invests

Charles Schwab approves $4 billion stock buyback plan, hikes dividend

Charles Schwab Corp.'s board of directors on Wednesday approved a new stock buyback package of $4 billion and raised the company's quarterly dividend by 31% to 17 cents a share. The dividend will be paid Feb. 28 to shareholders of record as of Feb. 14. Earlier this month, the brokerage reported its…

Former Charles Schwab SVP Spearheads Ambitious Financial App With $1.2M in Funding

Evati aims to help guide the 50 percent of Americans living paycheck-to-paycheck toward reliable financial stability.

Global Ureter Cancer Drugs Market by Technology, by Analysis, Status, Demand and Key players like: BN Amro, BNP Paribas, BNY Mellon, Bank of Montreal, Charles Schwab, Citi Private Bank, Crédit Agricole, Credit Suisse, Deutsche Bank, EFG International, Gol

The Global Ureter Cancer Drugs Market Report includes a comprehensive analysis of the present market. The report starts with the basic Global Ureter Cancer Drugs Market overview and then goes into each and every detail. Posted via Industry Today. Follow us on Twitter @IndustryToday

Charles Schwab tops earnings estimates

Charles Schwab Corp. SCHW said net-interest revenue jumped in the fourth quarter, more than offsetting a decline in some of the fees the brokerage collects. The company booked $2.67 billion in net revenue in the quarter, up 19% from the year earlier and more than the $2.64 billion analysts expected …

Charles Schwab and Al Geiberger Join OnCore Golf's Shareholder List

BUFFALO, N.Y., Jan. 11, 2019 /PRNewswire/ -- OnCore Golf Technology Inc. is pleased to announce that two iconic names in the worlds of finance and golf have now become shareholders in the company. Charles ("Chuck") Schwab, the founder and chairman of one of the leading banks and stock...
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Charles Schwab Company Life and Culture

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Charles Schwab Frequently Asked Questions

  • When was Charles Schwab founded?

    Charles Schwab was founded in 1971.

  • Who are Charles Schwab key executives?

    Charles Schwab's key executives are Walter Bettinger, Charles Schwab and James D. McCool.

  • How many employees does Charles Schwab have?

    Charles Schwab has 19,500 employees.

  • What is Charles Schwab revenue?

    Latest Charles Schwab annual revenue is $8.6 b.

  • What is Charles Schwab revenue per employee?

    Latest Charles Schwab revenue per employee is $441.9 k.

  • Who are Charles Schwab competitors?

    Competitors of Charles Schwab include TIAA, BlackRock and Goldman Sachs.

  • Where is Charles Schwab headquarters?

    Charles Schwab headquarters is located at 211 Main Street, San Francisco.

  • Where are Charles Schwab offices?

    Charles Schwab has offices in San Francisco, Westlake, Washington, Tysons and in 67 other locations.

  • How many offices does Charles Schwab have?

    Charles Schwab has 71 offices.