The Charles Schwab Corporation is an American multinational financial services company. It offers banking, commercial banking, investing and related services including consulting, and wealth management advisory services to both retail and institutional clients.
![Charles Schwab logo](/files/LOGO/316709-SCHW.png)
Company profile
Ticker
SCHW, SCHW+J
Exchange
Website
CEO
Walter Bettinger
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Charles Schwab & Co., Inc. • Charles Schwab Futures and Forex LLC • Charles Schwab Investment Advisory, Inc. • Charles Schwab Investment Management, Inc. • Schwab Holdings, Inc. • Schwab Retirement Plan Services, Inc. • Schwab Wealth Advisory, Inc. • TD Ameritrade Clearing, Inc. • TD Ameritrade Holding LLC • TD Ameritrade, Inc. ...
IRS number
943025021
SCHW stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
25 Jul 24
8-K
Schwab Reports Second Quarter Results
16 Jul 24
8-K
Submission of Matters to a Vote of Security Holders
29 May 24
DEFA14A
Additional proxy soliciting materials
16 May 24
8-K
Schwab Announces Executive Transitions
16 May 24
10-Q
2024 Q1
Quarterly report
9 May 24
PX14A6G
Letter to shareholders
16 Apr 24
8-K
Schwab Reports First Quarter Results
15 Apr 24
PX14A6G
Letter to shareholders
11 Apr 24
ARS
2023 FY
Annual report to shareholders
5 Apr 24
Latest ownership filings
4
Carolyn Schwab-Pomerantz
23 Jul 24
4
Walter W Bettinger
19 Jul 24
4
Richard A Wurster
19 Jul 24
4
Jonathan S Beatty
15 Jul 24
144
Notice of proposed sale of securities
11 Jul 24
4
Charles A. Ruffel
3 Jul 24
4
Bharat Masrani
3 Jul 24
4
Marianne Catherine Brown
3 Jul 24
4
Stephen A Ellis
3 Jul 24
4
FRANK C HERRINGER
3 Jul 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 57.67 bn | 57.67 bn | 57.67 bn | 57.67 bn | 57.67 bn | 57.67 bn |
Cash burn (monthly) | 5.60 bn | 979.75 mm | (no burn) | (no burn) | 449.67 mm | (no burn) |
Cash used (since last report) | 21.65 bn | 3.79 bn | n/a | n/a | 1.74 bn | n/a |
Cash remaining | 36.02 bn | 53.88 bn | n/a | n/a | 55.93 bn | n/a |
Runway (months of cash) | 6.4 | 55.0 | n/a | n/a | 124.4 | n/a |
Institutional ownership, Q1 2024
81.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1809 |
Opened positions | 408 |
Closed positions | 177 |
Increased positions | 629 |
Reduced positions | 543 |
13F shares | Current |
---|---|
Total value | 95.80 tn |
Total shares | 1.45 bn |
Total puts | 27.31 mm |
Total calls | 17.87 mm |
Total put/call ratio | 1.5 |
Largest owners | Shares | Value |
---|---|---|
TD Toronto Dominion Bank | 226.09 mm | $16.36 tn |
Vanguard | 120.96 mm | $8.75 tn |
BLK Blackrock | 99.54 mm | $7.20 tn |
Dodge & Cox | 86.30 mm | $6.24 tn |
T. Rowe Price | 72.31 mm | $5.23 bn |
STT State Street | 61.54 mm | $4.45 tn |
JPM JPMorgan Chase & Co. | 40.83 mm | $2.95 tn |
Massachusetts Financial Services | 30.75 mm | $2.22 tn |
Geode Capital Management | 29.04 mm | $2.09 tn |
MS Morgan Stanley | 23.29 mm | $1.68 tn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
19 Jul 24 | Carolyn Schwab-Pomerantz | Common Stock | Sell | Dispose S | Yes | Yes | 62.65 | 100 | 6.27 k | 567,057 |
19 Jul 24 | Carolyn Schwab-Pomerantz | Common Stock | Sell | Dispose S | Yes | Yes | 61.9455 | 3,500 | 216.81 k | 567,157 |
19 Jul 24 | Carolyn Schwab-Pomerantz | Common Stock | Sell | Dispose S | Yes | Yes | 62.45 | 300 | 18.74 k | 1,658,705.66 |
19 Jul 24 | Carolyn Schwab-Pomerantz | Common Stock | Sell | Dispose S | Yes | Yes | 61.9263 | 5,100 | 315.82 k | 1,659,005.66 |
17 Jul 24 | Richard A Wurster | Common Stock | Buy | Acquire P | No | No | 62.0454 | 10,000 | 620.45 k | 144,228 |
17 Jul 24 | Walter W Bettinger | Common Stock | Buy | Acquire P | No | No | 66.26 | 25,000 | 1.66 mm | 827,377.022 |
11 Jul 24 | Jonathan S Beatty | Common Stock | Sell | Dispose S | Yes | Yes | 75.0026 | 780 | 58.50 k | 18,069 |
11 Jul 24 | Jonathan S Beatty | Common Stock | Option exercise | Acquire M | No | No | 44.24 | 780 | 34.51 k | 36,981 |
11 Jul 24 | Jonathan S Beatty | Nonqualified Stock Option Common Stock | Option exercise | Dispose M | No | No | 44.24 | 780 | 34.51 k | 11,158 |
1 Jul 24 | Jonathan S Beatty | Common Stock | Grant | Acquire A | No | No | 0 | 11,191 | 0.00 | 36,981 |
News
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
26 Jul 24
10 Financials Stocks With Whale Alerts In Today's Session
25 Jul 24
Here's How Much You Would Have Made Owning Charles Schwab Stock In The Last 20 Years
24 Jul 24
Charles Schwab Unusual Options Activity For July 23
23 Jul 24
JMP Securities Maintains Market Outperform on Charles Schwab, Lowers Price Target to $82
23 Jul 24
Press releases
Schwab Declares Common Stock Dividend and Declares Preferred Stock Dividends
24 Jul 24
Schwab Reports Second Quarter Results
16 Jul 24
Schwab Trading Activity Index™: Score Moves Significantly Higher During the June Period, Returning to Moderate Levels
8 Jul 24
Schwab Reports Monthly Activity Highlights
14 Jun 24
2024 Schwab Modern Wealth Survey Shows Increasing Financial Confidence From Generation to Generation and Younger Americans Investing at an Earlier Age
12 Jun 24