Company profile

Ticker
SCHW, SCHW-PC, SCHW-PD
Exchange
CEO
Walter William Bettinger
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
943025021

SCHW stock data

(
)

Calendar

10 Aug 20
20 Oct 20
31 Dec 20

News

Quarter (USD) Jun 20 Mar 20 Sep 19 Jun 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
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.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
6 Oct 20 Levitt Brian M Common Stock Grant Aquire A No 0 21,846 0 21,846
6 Oct 20 Ricketts Todd M Common Stock Grant Aquire A No 0 295,320 0 295,320
6 Oct 20 Ricketts Todd M Common Stock Grant Aquire A No 0 7,867 0 7,867
6 Oct 20 Ricketts Todd M Common Stock Grant Aquire A No 0 203,801 0 203,801
61.2% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 1046 1051 -0.5%
Opened positions 106 110 -3.6%
Closed positions 111 205 -45.9%
Increased positions 385 394 -2.3%
Reduced positions 409 424 -3.5%
13F shares
Current Prev Q Change
Total value 254.64B 256.46B -0.7%
Total shares 1.1B 1.1B +0.4%
Total puts 7.06M 4.71M +49.7%
Total calls 4.61M 4.42M +4.3%
Total put/call ratio 1.5 1.1 +43.5%
Largest owners
Shares Value Change
Dodge & Cox 95.76M $3.23B -5.3%
BLK BlackRock 92.57M $3.12B +1.0%
Vanguard 89.62M $3.02B -1.6%
STT State Street 47.24M $1.59B +0.9%
Wellington Management 46.86M $1.58B +36.6%
N Price T Rowe Associates 43.13M $1.46B +9.6%
Primecap Management 28.78M $971.04M -1.0%
JPM JPMorgan Chase & Co. 27.84M $939.19M -8.3%
Generation Investment Management 26.54M $895.35M -18.1%
Alliancebernstein 19.37M $653.71M +17.9%
Largest transactions
Shares Bought/sold Change
Wellington Management 46.86M +12.55M +36.6%
Clearbridge Advisors 1.66M -9.68M -85.4%
Jackson Square Partners 0 -7.98M EXIT
Generation Investment Management 26.54M -5.86M -18.1%
Dodge & Cox 95.76M -5.39M -5.3%
JHG Janus Henderson 504.65K -4.1M -89.0%
N Price T Rowe Associates 43.13M +3.78M +9.6%
Greenhaven Associates 3.66M +3.66M NEW
Amundi Pioneer Asset Management 11.74M +3.26M +38.4%
Nuveen Asset Management 11.24M -3.15M -21.9%

Financial report summary

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Management Discussion
  • (1) Beginning in the first quarter of 2020, order flow revenue was reclassified from other revenue to trading revenue. Prior period amounts have been reclassified to reflect this change.
  • 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.
  • Late in the first quarter of 2020, the Federal Reserve cut the federal funds target overnight rate twice, for a total of 150 basis points to near zero; on the longer-end of the curve, the 10-year Treasury rate declined by over 120 basis points. Lower interest rates across maturities persisted throughout the second quarter, while credit spreads also compressed. Moreover, changes in the economic environment throughout the first half of 2020 resulting from the COVID-19 pandemic drove significantly higher levels of client cash sweep balances. Given the rapid accumulation of these balances in the first quarter of 2020, the Company initially placed a substantial amount in excess reserves held at the Federal Reserve. The Company deployed a significant amount of this cash build-up during the second quarter, as part of AFS securities purchases totaling $73.9 billion. These purchases were made at rates below the average yield on the existing AFS portfolio due to the current low interest rate environment. The Company held $27.5 billion, or 9% of total deposits, in excess reserves at June 30, 2020, versus our longer-term objective of 5-7%.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
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Removed: allocation, conversion, enter, entering, inventoried, leaving, mix, opened

Patents

GRANT
Utility
System and method for synchronizing account information on two different computer systems coupled via a network
13 Oct 20
A system and method synchronizes accounts across different computer systems using a matching computer system and a network, when the accounts on the source computer system are organized differently than they are on the destination computer system.
GRANT
Utility
System and method for capturing by a device an image of a light colored object on a light colored background for uploading to a remote server
6 Oct 20
A system and method allows a light colored image of an object such as a check to be detected and captured on a light colored background for uploading to a server for processing.
GRANT
Utility
System and method for sharing investment information via a social network
28 Jul 20
A system and method allows users to share watchlists with other users of a group such as that established on a social network server, and receives and displays other related information.
GRANT
Utility
System and method for causing graphical information to be rendered
14 Jul 20
A system and method uses a two-dimensional graphics library to generate an image representation that can be used by a three-dimensional graphics library to render the image.
GRANT
Utility
System and method for handling user requests for web services
5 May 20
A system and method detects and handles replay attacks using counters maintained for each of several different periods for various values of IP addresses and browser description attributes encountered.