The Charles Schwab Corporation (SCHW)
| Market Cap | 139.45B |
| Revenue (ttm) | 18.46B |
| Net Income (ttm) | 4.37B |
| Shares Out | 1.78B |
| EPS (ttm) | 2.39 |
| PE Ratio | 32.77 |
| Forward PE | 21.06 |
| Dividend | $1.00 (1.27%) |
| Ex-Dividend Date | May 9, 2024 |
| Volume | 612,523 |
| Open | 78.80 |
| Previous Close | 78.78 |
| Day's Range | 78.15 - 78.84 |
| 52-Week Range | 48.66 - 79.22 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 76.13 (-3.01%) |
| Earnings Date | Apr 15, 2024 |
About SCHW
The Charles Schwab Corporation, together with its subsidiaries, operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally. The company operates in two segments, Investor Services and Advisor Services. It offers brokerage accounts with equity and fixed income trading, margin lending, options trading, futures and forex trading, and cash management capabilities, including certificates of deposit; ... [Read more]
Financial Performance
In 2023, SCHW's revenue was $18.84 billion, a decrease of -9.27% compared to the previous year's $20.76 billion. Earnings were $4.65 billion, a decrease of -29.93%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for SCHW stock is "Buy." The 12-month stock price forecast is $76.13, which is a decrease of -3.01% from the latest price.
News
Charles Schwab names ex-Citi exec as next CFO after exit of three top managers
Charles Schwab Corp.'s longtime chief financial officer said Thursday he plans to retire as part of a trio of senior departures after wrapping up a four-year integration of TD Ameritrade.
Schwab Announces Executive Transitions
WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation announced several executive transitions as part of the firm's long-term succession planning strategy.
Charles Schwab website ‘is a mess': Hundreds of TD Ameritrade users complain about their new online home.
Charles Schwab Corp. transitioned the last group of TD Ameritrade customers — 1.8 million clients and about $350 billion in assets — to its platform this week, and many customers have voiced their dis...
Charles Schwab total client assets dip 3% from previous month to $8.85 trillion during tax season
Charles Schwab Corp. SCHW, -1.85% said Tuesday said clients drew down their accounts in April from the previous month as they pulled out money for taxes. Transactional sweep cash fell by 3% to end Apr...
Schwab Reports Monthly Activity Highlights
WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation released its Monthly Activity Report for the month of April 2024 .
Schwab Trading Activity Index™: Score Declines to Moderate-Low Levels in April Amid Market Volatility
WESTLAKE, Texas--(BUSINESS WIRE)--The Schwab Trading Activity Index™ (STAX) decreased to 48.87 in April, down from its score of 51.65 in March. The only index of its kind, the STAX is a proprietary, b...
2024 Charles Schwab Challenge Champion's Prize Revealed as a 1975 Schwab Stingray
WESTLAKE, Texas--(BUSINESS WIRE)--2024 Charles Schwab Champion's Prize Announced as 1975 Schwab Stingray.
Schwab Declares Common Stock Dividend and Declares Preferred Stock Dividends
WESTLAKE, Texas--(BUSINESS WIRE)--The Board of Directors of The Charles Schwab Corporation at its meeting today declared a regular quarterly cash dividend of $0.25 per common share.
Chart Master: Getting a technical look at Charles Schwab and American Express
Carter Worth, Worth Charting, joins 'Fast Money' to get technical with two financial stocks.
Thousands of Charles Schwab Employees Unite in Service to Communities Across the Country for Annual Schwab Volunteer Week
WESTLAKE, Texas--(BUSINESS WIRE)--Building on its decades-long commitment to community service, 8,000 Charles Schwab employees will roll up their sleeves to take part in Schwab Volunteer Week. Schwab ...
Charles Schwab CEO: Investors have a lot of reasons to be optimistic as I do
Charles Schwab CEO Walt Bettinger joins 'Money Movers' to discuss the company's quarterly earnings results, how interest rates are affecting the business, and what's driving new asset growth.
Charles Schwab Stock Gains on Q1 Earnings Beat Amid Market Rally
Shares of Charles Schwab (SCHW) rose 4% in early trading Monday after the discount brokerage and financial advisory firm reported better-than-expected results because of “an improved macroeconomic env...
Charles Schwab Q1 earnings beat Street estimates
Charles Schwab Corporation (NYSE: SCHW) is in the green in premarket after reporting slightly better-than-expected financial results for its first quarter. Why else is Charles Schwab stock up?
Charles Schwab's stock edges up after earnings fall, but just top expectations
Shares of Charles Schwab Corp. SCHW, -0.84% gained 0.3% in premarket trading Monday, after the financial services and brokerage company reported first-quarter profit and revenue that fell, but just to...
Schwab Reports First Quarter Results
WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation reported first quarter 2024 net revenues of $4.7 billion, reflecting a quarter-over-quarter increase of 6%.
Schwab Introduces Futures, Forex and Portfolio Margin on thinkorswim®
WESTLAKE, Texas--(BUSINESS WIRE)--Charles Schwab, a leader in retail investing and trading, today announced the launch of futures and forex trading, as well as portfolio margin, on its thinkorswim pla...
Calls of the Day: BlackRock, Charles Schwab, Netflix and Transocean
The Investment Committee discusses the latest Calls of the Day.
Schwab Trading Activity Index™: Score Ascends to Moderate Levels in March
WESTLAKE, Texas--(BUSINESS WIRE)--The Schwab Trading Activity Index™ (STAX) increased to 51.65 in March, up from its score of 47.65 in February. The only index of its kind, the STAX is a proprietary, ...
Charles Schwab Named Best Investing Platform Overall by U.S. News
WESTLAKE, Texas--(BUSINESS WIRE)--Charles Schwab has been recognized as the Best Investing Platform Overall by U.S. News & World Report in their 2024 U.S. News Money Awards – the second year in a row ...
Final Trades: Charles Schwab, Booking Holdings, Meta & GDX
The Investment Committee gives you their top stocks to watch for the second half.
Ameritrade, Now Part of Charles Schwab, Ranks Highest in Its Segment in the J.D. Power 2024 U.S. Self-Directed Investor Satisfaction Study
WESTLAKE, Texas--(BUSINESS WIRE)--Ameritrade, now part of Charles Schwab, ranked #1 and Schwab ranked #2 among do-it-yourself investors nationwide in the J.D. Power 2024 U.S. Self-Directed Investor Sa...
Schwab Announces Its Spring Business Update
WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation announced that it has scheduled a Spring Business Update for institutional investors .
Here's why AllianceBernstein's Jim Tierney favors ADP
Jim Tierney, AllianceBernstein CIO, joins 'Power Lunch' to discuss how the Fed's next move would impact the market and financials.
3 Cheap Stocks to Buy That the Best Value Managers Own
These undervalued stocks appear in the portfolios of highly rated large-cap value funds. Clarification: This video was recorded on March 7 and released on March 11.
Here's why Oakmark Funds' Mike Nicolas is bullish on Capital One and Charles Schwab
Mike Nicolas, Oakmark Funds portfolio manager, joins 'Money Movers' to discuss how Oakmark views the financials sector, how much of the financials strength is due to capital markets, and the deal betw...