SCHW Charles Schwab Dashboard

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 • Jefferies • Interactive Brokers • Raymond James Financial • TD Ameritrade Holding • Robinhood Markets ...

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 Investment Advisory, Inc. • Charles Schwab Investment Management, Inc. • Schwab Holdings, Inc. • Schwab Private Client Investment Advisory, Inc. • Schwab Retirement Plan Services, Inc. • TD Ameritrade Clearing, Inc. • TD Ameritrade Futures & Forex, LLC • TD Ameritrade Holding Corporation • TD Ameritrade, Inc. ...

IRS number

943025021

SCHW stock data

S&P 500

1M 1Y 2Y 5Y

News

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'Fast Money Halftime Report' Picks For September 15

15 Sep 21

On CNBC's "Fast Money Halftime Report," Karen Firestone said Charles Schwab (NYSE: SCHW) has a lot of new young traders who have larger accounts than Robinhood Mar

Director Of Charles Schwab Makes $1.56 Million Sale

14 Sep 21

Charles Schwab, Director at Charles Schwab (NYSE:SCHW), made a large insider sell on September 13, according to a new SEC filing.

How To Include Cryptocurrencies As Part Of An Inflation-Proof Investment Portfolio

11 Sep 21

Consumers and investors alike pay close attention any time a new announcement is made about the movements of the U.S. Consumer Price Index (CPI), which represents a reliable gauge on inflation or deflation.

12 Financials Stocks Moving In Thursday's After-Market Session

9 Sep 21

Robinhood Markets Shares Spike On Volume, Traders Circulate SEC Chair Gensler Prepared Remarks, Note No Mention Of Payment For Order Flow

9 Sep 21

Press releases

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Schwab Reports Monthly Activity Highlights

15 Sep 21

The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of August 2021 include: This press release features multimedia. View the full release here:

The Charles Schwab Corporation Announces Early Participation and Consent Results in Exchange Offers; Extends Early Participation Premium Deadline

8 Sep 21

The Charles Schwab Corporation ("CSC") today announced that, as of 5:00 p.m., New York City time, on September 7, 2021 (the "Early Participation Date"), the aggregate principal amount of the four series of notes

The Charles Schwab Corporation Commences Offers to Exchange Four Series of Notes Issued by TD Ameritrade Holding Corporation for Schwab Notes

24 Aug 21

The Charles Schwab Corporation ("CSC") today announced the commencement of offers to exchange (the "exchange offers") any and all validly tendered (and not validly withdrawn) and accepted notes of the four series of

Active Traders Cautious While Navigating Delta Variant and Other Market Drivers

20 Aug 21

Schwab Announces Pay Increase for Employees

19 Aug 21

Calendar

6 Aug 21

28 Sep 21

31 Dec 21

Financial summary

Financial statements Chart SCHW financial data

Quarter (USD)	Jun 21	Mar 21	Dec 20	Sep 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	54.73B	54.73B	54.73B	54.73B	54.73B	54.73B
Cash burn (monthly)	6.24B	(positive/no burn)	(positive/no burn)	(positive/no burn)	198M	(positive/no burn)
Cash used (since last report)	18.45B	n/a	n/a	n/a	585.68M	n/a
Cash remaining	36.28B	n/a	n/a	n/a	54.14B	n/a
Runway (months of cash)	5.8	n/a	n/a	n/a	273.5	n/a

Beta Read what these cash burn values mean

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Community annotations

Greenspan's irrational exuberance occurring again?

10-Q

2021 Q1

12 May 21

Recent insider trades

SCHW insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
27 Sep 21	Schwab Charles R	Common Stock	Sell	Dispose S	Yes	Yes	77.0405	28,000	2.16M	31,687,256
23 Sep 21	Schwab Charles R	Common Stock	Sell	Dispose S	Yes	Yes	72	14,000	1.01M	31,715,256
22 Sep 21	Schwab Charles R	Common Stock	Sell	Dispose S	Yes	Yes	70.0205	14,000	980.29K	31,729,256
16 Sep 21	Schwab Charles R	Common Stock	Gift	Dispose G	Yes	No	0	140,750	0	83,618,157
14 Sep 21	Schwab Charles R	Common Stock	Sell	Dispose S	Yes	Yes	72.0017	6,309	454.26K	31,743,256

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q2 2021

SCHW institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

71.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1325	1283	+3.3%
Opened positions	138	183	-24.6%
Closed positions	96	85	+12.9%
Increased positions	481	431	+11.6%
Reduced positions	475	479	-0.8%

13F shares	Current	Prev Q	Change
Total value	94.16B	83.79B	+12.4%
Total shares	1.29B	1.29B	+0.5%
Total puts	15.17M	7.68M	+97.5%
Total calls	7.01M	6.57M	+6.7%
Total put/call ratio	2.2	1.2	+85.1%

Largest owners	Shares	Value	Change
Vanguard	115.04M	$8.38B	+1.0%
BLK Blackrock	112.45M	$8.19B	+4.3%
TROW T. Rowe Price	83.02M	$6.04B	+2.8%
Wellington Management	80.33M	$5.85B	-0.1%
Dodge & Cox	75.12M	$5.47B	-2.7%
STT State Street	65.47M	$4.77B	+0.2%
JPM JPMorgan Chase & Co.	45M	$3.28B	+8.7%
Massachusetts Financial Services	33.98M	$2.47B	-2.6%
Primecap Management	29.17M	$2.12B	-0.8%
Geode Capital Management	23.32M	$1.69B	+4.7%

Largest transactions	Shares	Bought/sold	Change
Amundi	10.14M	+10.14M	NEW
Amundi Pioneer Asset Management	0	-9.62M	EXIT
Egerton Capital	6.31M	+6.31M	NEW
BLK Blackrock	112.45M	+4.67M	+4.3%
C Citigroup	9M	-3.88M	-30.2%
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main	10.26M	+3.82M	+59.3%
JPM JPMorgan Chase & Co.	45M	+3.61M	+8.7%
Generation Investment Management	14.23M	-3.43M	-19.4%
Putnam Investments	6.32K	-3.03M	-99.8%
Ninety One UK	6.6M	-2.99M	-31.2%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

N/M Not meaningful. Percentage changes greater than 200% are presented as not meaningful.
Revenue on interest-earning assets is affected by various factors, such as the composition of assets, prevailing interest rates and spreads at the time of origination or purchase, changes in interest rates on floating rate securities and loans, and changes in prepayment levels for mortgage-backed and other asset-backed securities and loans.
As the U.S. economic recovery advanced in the first half of 2021, interest rates remained historically low. Short-term rates remained near zero throughout the first half of 2021; longer-term interest rates began to rise in the first quarter, yet declined slightly during the second quarter. The overall environment continued to contribute to elevated levels of prepayments on mortgage-backed securities, resulting in accelerated reinvestment of the available for sale (AFS) portfolio during the first half of 2021. Client engagement in the equity markets greatly increased early in 2021, and clients were net buyers of equity securities and other investment products throughout the first half of the year, resulting in outflows of client cash. At the same time, Schwab saw significant growth in new client brokerage accounts and net new client assets, driving further growth in Schwab’s interest-earning assets.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: arising, brought, commentary, cooperate, digested, digital, everyday, goal, Intelligent, investigation, mix, moderated, NASDAQ, normalcy, opposing, repaying, resolve, resolving, resumed, Rocket, slightly, slowdown, social, successfully, tentative

Removed: attributable, depend, forecast, optional, produced, reflected, supportable, volatility

From filing 10-Q 2021 Q2