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.
... Show more| Type | Public | |
| Founded | 1971 | |
| HQ | San Francisco, US | Map |
| Website | schwab.com | |
| Employee Ratings | More |
Recent NewsAll News
- This Upstart Brokerage Inspired by Charles Schwab Is Changing the Way Brazil Invests
- Charles Schwab approves $4 billion stock buyback plan, hikes dividend
- Former Charles Schwab SVP Spearheads Ambitious Financial App With $1.2M in Funding
- 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
Key People/Management at Charles Schwab
Walter Bettinger
President and CEO
Charles Schwab
Chairman
James D. McCool
Executive Vice President, Corporate Initiatives
Ron Carter
Executive Vice President, Operational Services
G. Andrew Gill
Executive Vice President, Investor Services
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.
- Source: SEC Filings
Annual
Quarterly
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q1, 2018 | Q2, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.4b | 1.5b | 1.5b | 1.6b | 1.5b | 1.6b | 1.6b | 1.8b | 1.8b | 1.9b | 2.1b | 2.1b | 2.4b | 4.9b |
Sales and marketing expense | 482.0m | 528.0m | 520.0m | 593.0m | 581.0m | 540.0m | 548.0m | 626.0m | 602.0m | 609.0m | 701.0m | 663.0m | 770.0m | 1.5b |
General and administrative expense | 77.0m | 80.0m | 80.0m | 82.0m | 83.0m | 85.0m | 92.0m | 98.0m | 101.0m | 100.0m | 105.0m | 107.0m | 122.0m | 244.0m |
Operating expense total | 559.0m | 608.0m | 600.0m | 675.0m | 664.0m | 625.0m | 640.0m | 724.0m | 703.0m | 709.0m | 806.0m | 770.0m | 892.0m | 1.8b |
- Source: SEC Filings
Annual
Quarterly
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q1, 2018 | Q2, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 7.4b | 7.2b | 6.8b | 8.6b | 9.0b | 9.0b | 10.4b | 10.5b | 13.0b | 10.4b | 9.5b | 9.6b | 14.1b | 13.3b |
Goodwill | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b |
Total Assets | 140.2b | 144.1b | 143.4b | 147.4b | 160.0b | 164.0b | 170.4b | 191.0b | 198.1b | 209.0b | 227.1b | 221.0b | 248.3b | 261.9b |
Short-term debt | 800.0m | 5.0b | 3.0b | 600.0m | 300.0m |
Annual
Quarterly
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q1, 2018 | Q2, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 752.0m | 326.0m | 650.0m | 971.0m | 302.0m | 353.0m | 1.0b | 412.0m | 864.0m | 1.4b | 564.0m | 1.1b | 783.0m | 1.6b |
Depreciation and Amortization | 153.0m | 48.0m | 96.0m | 145.0m | 54.0m | 55.0m | 166.0m | 56.0m | 113.0m | 173.0m | 65.0m | 131.0m | 73.0m | 148.0m |
Cash From Operating Activities | 825.0m | 69.0m | 501.0m | 1.5b | 354.0m | (369.0m) | 1.5b | 974.0m | (334.0m) | 509.0m | 248.0m | 3.4b | ||
Purchases of PP&E | (19.9b) | (4.2b) | (6.5b) | (10.6b) | (17.5b) | (8.0b) | (16.6b) | (22.8b) |
| USD | Y, 2018 |
|---|---|
EV/CFO | 16.2 x |
Financial Leverage | 13 x |
Charles Schwab Operating Metrics
| FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q3, 2016 | FY, 2016 | Q1, 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 m | 1.50 m | 1.50 m | ||||||
Daily Average Revenue Trades (DARTs) | 298.20 k | 313 k | 267 k | 304 k | 292 k | 328 k | 268 k | 291.60 k | 317 k |
Charles Schwab Revenue Breakdown
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
88.54k Twitter followers
Charles Schwab has 88.54k Twitter Followers. The number of followers has increased 0.6% month over month and increased 1.9% quarter over quarter
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Charles Schwab News and Updates
February 06, 2019
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
January 30, 2019
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…
January 29, 2019
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.
January 18, 2019
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
January 16, 2019
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 …
January 11, 2019
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.