Charles Schwab (SCHW)

Company Profile

Charles Schwab believes in the power of investing to help individuals create a better tomorrow. The company has a history of challenging the status quo in its industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing its clients' goals with passion and integrity.

Company profile

Ticker

SCHW, SCHW-PD, SCHW-PJ, SCHW+J

Exchange

NYSE

Website

www.schwab.com

CEO

Walter Bettinger

Incorporated

Delaware

Location

Texas

Fiscal year end

Dec 31

Sector

Finance and Insurance > Investment Banking and Securities Dealing

Industry (SIC)

Security Brokers, Dealers & Flotation Companies

Goldman Sachs • Morgan Stanley • Nomura • Blackrock • Navient • Raymond James Financial • Jones Financial Companies LLLP • XP • Jefferies Financial • Stifel Financial ...

SEC CIK

0000316709

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

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 Corporation • TD Ameritrade, Inc. ...

IRS number

943025021

SCHW stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$83.55

Low target

$61.00

High target

$99.00

Keefe, Bruyette & Woods

Latest filings (excl ownership)

View all

Amendments to Articles of Incorporation or Bylaws

31 Jan 23

8-K

Schwab Reports Record Full-year Earnings Per Share

18 Jan 23

S-8

Registration of securities for employees

16 Dec 22

8-K

Amendments to Articles of Incorporation or Bylaws

8 Nov 22

Amendments to Articles of Incorporation or Bylaws

2 Nov 22

8-K

The Charles Schwab Corporation Announces Appointment of New Board Member

28 Oct 22

8-K

Regulation FD Disclosure

18 Oct 22

8-K

Schwab Reports Strongest Quarterly Performance In Company History

17 Oct 22

Latest ownership filings

View all

Bernard J. Clark

20 Mar 23

GERRI MARTIN-FLICKINGER

Financial summary

Financial statements Chart SCHW financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
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)	58.72 bn	58.72 bn	58.72 bn	58.72 bn	58.72 bn	58.72 bn
Cash burn (monthly)	2.18 bn	2.88 bn	(no burn)	(no burn)	702.33 mm	(no burn)
Cash used (since last report)	6.43 bn	8.53 bn	n/a	n/a	2.08 bn	n/a
Cash remaining	52.29 bn	50.19 bn	n/a	n/a	56.64 bn	n/a
Runway (months of cash)	24.0	17.4	n/a	n/a	80.6	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

SCHW institutional ownership history Ownership history

87.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1577	1487	+6.1%
Opened positions	196	154	+27.3%
Closed positions	106	130	-18.5%
Increased positions	636	630	+1.0%
Reduced positions	523	474	+10.3%

13F shares	Current	Prev Q	Change
Total value	129.84 tn	91.17 bn	+142316.1%
Total shares	1.56 bn	1.44 bn	+8.2%
Total puts	11.60 mm	8.48 mm	+36.8%
Total calls	12.15 mm	9.41 mm	+29.2%
Total put/call ratio	1.0	0.9	+5.9%

Largest owners	Shares	Value	Change
TD Toronto Dominion Bank	225.99 mm	$18.82 tn	+28.6%
Vanguard	125.89 mm	$10.48 tn	+1.2%
BLK Blackrock	106.84 mm	$8.90 tn	+3.8%
Wellington Management	79.85 mm	$6.65 tn	+5.9%
Dodge & Cox	77.43 mm	$6.45 tn	-3.8%
STT State Street	65.30 mm	$5.44 tn	NEW
T. Rowe Price	39.88 mm	$3.32 tn	-21.5%
JPM JPMorgan Chase & Co.	33.73 mm	$2.81 tn	+7.1%
Massachusetts Financial Services	28.17 mm	$2.35 tn	-11.7%
Geode Capital Management	26.66 mm	$2.22 tn	+2.3%

Largest transactions	Shares	Bought/sold	Change
STT State Street	65.30 mm	+65.30 mm	NEW
TD Toronto Dominion Bank	225.99 mm	+50.22 mm	+28.6%
Norges Bank	15.92 mm	+15.92 mm	NEW
T. Rowe Price	39.88 mm	-10.94 mm	-21.5%
MS Morgan Stanley	22.26 mm	+8.56 mm	+62.5%
BAC Bank Of America	20.37 mm	+8.37 mm	+69.7%
Eaton Vance Management	0.00	-5.63 mm	EXIT
Wellington Management	79.85 mm	+4.43 mm	+5.9%
DSM Capital Partners	3.12 mm	-4.40 mm	-58.5%
BLK Blackrock	106.84 mm	+3.90 mm	+3.8%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SCHW insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
17 Mar 23	Richard A Wurster	Common Stock	Buy	Acquire P	No	No	54.3863	2,000	108.77 k	101,391
17 Mar 23	Gerri Martin-flickinger	Common Stock	Buy	Acquire P	Yes	No	54.161	3,700	200.40 k	8,455
17 Mar 23	Bernard J. Clark	Common Stock	Buy	Acquire P	Yes	No	54.8308	5,000	274.15 k	120,652.809
16 Mar 23	Goldfarb Mark A	Common Stock	Buy	Acquire P	Yes	No	58.3669	4,000	233.47 k	27,017
15 Mar 23	Ellis Stephen A	Common Stock	Buy	Acquire P	Yes	No	58.2582	34,387	2.00 mm	99,801