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.
TypePublic
HQSan Francisco, US
Founded1971
Size (employees)17,300 (est)
Websiteschwab.com
Charles Schwab was founded in 1971 and is headquartered in San Francisco, US
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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 Torrance, San Francisco, Saint Paul, Denver 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 $7.48 b in FY, 2016 which is a 17.2% increase from the previous period.
USD

Revenue (Q2, 2018)

4.9b

Net income (Q2, 2018)

1.6b

Market capitalization (15-Oct-2018)

64.4b

Closing stock price (15-Oct-2018)

47.6

Cash (30-Jun-2018)

13.3b

EV

56.9b
Charles Schwab's current market capitalization is $64.4 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

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

Revenue growth, %

4%11%11%5%17%

Sales and marketing expense

2.5b

General and administrative expense

398.0m
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, 2016

Cash

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

Accounts Receivable

88.4m

Goodwill

1.2b1.2b1.2b1.2b

Total Assets

143.6b154.6b183.7b223.4b
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

140.0b144.0b143.0b147.0b160.0b164.0b170.0b191.0b198.0b209.0b227.0b221.0b248.3b261.9b

Short-term debt

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

Net Income

1.1b1.3b1.4b1.9b

Depreciation and Amortization

234.0m

Cash From Operating Activities

1.7b2.3b1.2b2.7b

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

290.0m326.0m324.0m321.0m302.0m353.0m1.0b412.0m864.0m1.4b564.0m1.1b783.0m1.6b

Depreciation and Amortization

51.0m48.0m48.0m49.0m54.0m55.0m166.0m56.0m113.0m173.0m65.0m131.0m73.0m148.0m

Cash From Operating Activities

354.0m(369.0m)1.5b974.0m(334.0m)509.0m248.0m3.4b

Purchases of PP&E

(17.5b)(8.0b)(16.6b)(22.8b)
USDY, 2018

EV/CFO

16.8 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

Charles Schwab Foundation Supports CFP Board Center for Financial Planning's Efforts to Increase Diversity in Financial Planning Profession

WASHINGTON, Oct. 18, 2018 /PRNewswire/ -- The CFP Board Center for Financial Planning is pleased to announce that Charles Schwab Foundation is supporting efforts to increase ethnic and racial diversity within the financial planning profession. "As part of our ongoing commitment to...
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Charles Schwab Company Life and Culture

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