OverviewSuggest Edit

The Charles Schwab Corporation (CSC) is a savings and loan holding company providing wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. It operates in 2 segments: Investor Services and Advisor Services. The Investor Services segment provides retail brokerage and banking services to individual investors, and retirement plan services as well as other corporate brokerage services to businesses and their employees. The Advisor Services segment provides custodial, trading, banking, and support services, as well as retirement business services to independent registered investment advisors (RIAs), independent retirement advisors, and recordkeepers.

TypePublic
Founded1986
HQSan Francisco, CA, US
Websiteschwab.com
Employee Ratings3.8
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2019)19,700(+2%)
Job Openings2
Revenue (FY, 2020)$11.7 B
Share Price (Feb 2021)$61.7 (-2%)
Cybersecurity ratingAMore

Key People/Management at Charles Schwab

Walter W. Bettinger

Walter W. Bettinger

President, CEO, and Director
Steve Anderson

Steve Anderson

Executive Vice President
Catherine Casey

Catherine Casey

Executive Vice President, Human Resources
Jason Clague

Jason Clague

Executive Vice President, Operational Services
Bernard J. Clark

Bernard J. Clark

Executive Vice President and Head of Schwab Advisor Services
Jonathan M. Craig

Jonathan M. Craig

Senior Executive Vice President, Investor Services and Marketing
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Charles Schwab Office Locations

Charles Schwab has offices in San Francisco, El Paso, Lone Tree, Orlando and in 4 other locations
San Francisco, CA, US (HQ)
211 Main St, San Francisco
El Paso, TX, US
1945 Northwestern Dr
Lone Tree, CO, US
9899 Schwab Way
Orlando, FL, US
1958 Summit Park Dr #200Orlando
Phoenix, AZ, US
2423 E Lincoln Dr
Hong Kong, HK
Rooms 602-606, Gloucester Tower, The Landmark, 15 Queen’s Road Central, Central
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Charles Schwab Financials and Metrics

Charles Schwab Revenue

Charles Schwab's revenue was reported to be $11.69 b in FY, 2020
USD

Revenue (FY, 2020)

11.7b

Net income (FY, 2020)

3.3b

Market capitalization (26-Feb-2021)

116.2b

Closing stock price (26-Feb-2021)

61.7

Cash (31-Dec-2020)

40.3b

EV

89.5b
Charles Schwab's current market capitalization is $116.2 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

9.0b11.0b11.8b11.7b

Revenue growth, %

15%23%7%

Cost of goods sold

342.0m857.0m1.1b

Gross profit

8.6b10.1b10.7b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

2.6b5.1b2.8b3.0b3.0b3.0b2.8b2.5b2.5b

Cost of goods sold

158.0m183.0m228.0m317.0m318.0m261.0m136.0m97.0m89.0m

Gross profit

2.4b4.9b2.6b2.7b2.7b2.7b2.6b2.5b2.4b

Gross profit Margin, %

94%96%92%90%89%91%95%96%96%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

14.2b27.9b29.3b40.3b

Accounts Receivable

21.2b22.2b21.8b

PP&E

1.5b1.8b2.1b2.9b

Goodwill

1.2b1.2b1.2b12.0b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

14.1b13.3b21.8b32.6b24.2b20.3b68.5b33.6b27.5b

Accounts Receivable

22.0b23.4b23.2b20.5b21.9b16.2b19.0b21.4b25.4b

PP&E

1.5b1.6b1.7b1.8b1.9b2.0b2.3b2.3b2.3b

Goodwill

1.2b1.2b1.2b1.2b1.2b1.2b1.2b1.7b1.7b
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

2.4b3.5b3.7b3.3b

Depreciation and Amortization

269.0m335.0m349.0m604.0m

Accounts Payable

(5.8b)2.1b6.5b

Cash From Operating Activities

1.3b12.5b9.3b6.9b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

783.0m1.6b2.6b964.0m1.9b2.9b795.0m1.5b2.2b

Depreciation and Amortization

73.0m148.0m226.0m83.0m167.0m255.0m96.0m205.0m284.0m

Accounts Payable

(480.0m)(941.0m)3.3b(3.3b)(1.9b)2.8b10.0b6.4b8.3b

Cash From Operating Activities

248.0m3.4b4.7b(2.6b)(381.0m)5.0b10.1b(6.3b)(6.4b)
USDFY, 2017

Revenue/Employee

509.1k

Debt/Equity

1.1 x

Debt/Assets

0.1 x

Financial Leverage

13.1 x
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Charles Schwab Operating Metrics

Charles Schwab's Assets Under Management was reported to be $37b in Jul, 2019.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q3, 2016FY, 2016Q1, 2017Nov, 2017Jul, 2019

Active Accounts

9.40 m9.80 m10.20 m10.60 m

Assets Under Management

$37 b

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
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Charles Schwab Acquisitions / Subsidiaries

Company NameDateDeal Size
USAA-IMCOMay 26, 2020$1.60 b
MotifMay 08, 2020
TD AmeritradeNovember 25, 2019$26 b
ThomasPartners Investment ManagementOctober 16, 2012
Compliance 11November 16, 2011
OptionsXpressMarch 20, 2011$1 b
Windhaven Investment Management IncNovember 30, 2010
CyberTraderDecember 10, 2007
The 401(k) CompanyApril 02, 2007$115 m
SoundView Technology Group IncNovember 19, 2003
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Charles Schwab Revenue Breakdown

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Charles Schwab revenue breakdown by business segment: 28.9% from Advisor Services and 71.1% from Investor Services

Human Capital Metrics

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Charles Schwab Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

Charles Schwab Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Charles Schwab Online and Social Media Presence

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Charles Schwab Company Culture

  • Overall Culture

    C-

    62/100

  • CEO Rating

    B

    70/100

  • Compensation

    A-

    75/100

  • Diversity

    C-

    62/100

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Charles Schwab News and Updates

Thinking about trading options or stock in Walmart, Charles Schwab, United States Steel, United Airlines, or Wells Fargo?

NEW YORK, Feb. 17, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for WMT, SCHW, X, UAL, and WFC. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...

Thinking about trading options or stock in Walmart, Charles Schwab, United States Steel, United Airlines, or Wells Fargo?

NEW YORK, Feb. 17, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for WMT, SCHW, X, UAL, and WFC. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...

Must Pensions Keep Charles Schwab & Co. Secrets?

Financial firms providing services to corporate pension plans are required under ERISA to disclose to plan sponsors compensation they earn related to plan assets.

Charles Schwab stock jumps after profit and revenue beats, with trading households rising more than 50%

Shares of Charles Schwab Corp. surged 2.1% in premarket trading Tuesday, after the discount brokerage reported fourth-quarter profit and revenue that beat Wall Street forecasts, as client engagement grew to record levels in 2020. Net income was $1.14 billion, or 57 cents a share, after net income o…

The Charles Schwab (NYSE:SCHW) Price Target Raised to $71.00

The Charles Schwab (NYSE:SCHW) had its price objective raised by Morgan Stanley from $65.00 to $71.00 in a report issued on Monday, Benzinga reports. The firm currently has an "overweight" rating on the financial services provider's stock. Morgan Stanley's target price suggests a potential upside of…

Schwab to Halt All PAC Contributions Through 2021

Given the extraordinary circumstances related to this election cycle, The Charles Schwab Corporation Political Action Committee (PAC) has halted all contributions to any lawmakers for the remainder of 2021. This pause will give the firm an opportunity to evaluate the best path forward to fulfill ou…
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Charles Schwab Blogs

Global Issues May Loom Large for Investors

Global Issues May Loom Large for Investors Elisa.SanchezNunez Thu, 02/25/2021 - 16:41 Body Jeff Kleintop, Schwab’s chief global strategist, joins the podcast to discuss trade relations, global vaccine distribution, and other key issues with implications for U.S. investors. …

Tax Filing: Are You Ready?

Tax Filing: Are You Ready? Elisa.SanchezNunez Thu, 02/25/2021 - 14:35 Body The sooner you start gathering your tax forms and getting ready to file, the less stress you’re likely to feel as Tax Day approaches. Button Read More …

4 Tax-Smart Moves You Can Still Make for 2020

4 Tax-Smart Moves You Can Still Make for 2020 Elisa.SanchezNunez Thu, 02/25/2021 - 14:32 Body Tax Day is coming soon. But it’s not too late to make these tax-smart moves. Button Read More Image …

Is an IRA Right for You?

Is an IRA Right for You? Elisa.SanchezNunez Thu, 02/25/2021 - 14:26 Body IRAs can help you build wealth for retirement and potentially get tax breaks, either up front or in the future. Button Read More Im…

EleVation: Some V-Shaped Economic Data to Cheer

EleVation: Some V-Shaped Economic Data to Cheer Elisa.SanchezNunez Thu, 02/25/2021 - 14:12 Body Looking at the latest economic data reveals V-shaped recoveries in many goods-based indicators; while services has more catch-up to do. Button …

Help from your Financial Consultant.

Help from your Financial Consultant. dan.benson Tue, 02/23/2021 - 14:13 Body If you already work with a Financial Consultant, contact them and they'll provide guidance on your overall financial picture as well as assistance with your Windhaven Strategies portfolio. …
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Charles Schwab Frequently Asked Questions

  • When was Charles Schwab founded?

    Charles Schwab was founded in 1986.

  • Who are Charles Schwab key executives?

    Charles Schwab's key executives are Walter W. Bettinger, Steve Anderson and Catherine Casey.

  • How many employees does Charles Schwab have?

    Charles Schwab has 19,700 employees.

  • What is Charles Schwab revenue?

    Latest Charles Schwab annual revenue is $11.7 b.

  • What is Charles Schwab revenue per employee?

    Latest Charles Schwab revenue per employee is $593.5 k.

  • Who are Charles Schwab competitors?

    Competitors of Charles Schwab include Legg Mason, Robinhood and Lazard.

  • Where is Charles Schwab headquarters?

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

  • Where are Charles Schwab offices?

    Charles Schwab has offices in San Francisco, El Paso, Lone Tree, Orlando and in 4 other locations.

  • How many offices does Charles Schwab have?

    Charles Schwab has 8 offices.