Charles Schwab (SCHW)
(Real Time Quote from BATS)
$75.91 USD
+4.60 (6.45%)
Updated Nov 6, 2024 03:05 PM ET
3-Hold of 5 3
C Value F Growth B Momentum D VGM
Company Summary
Headquartered in Westlake, TX, The Charles Schwab Corporation is a savings and loan holding company, providing wealth management, securities brokerage, banking, asset management, custody and financial advisory services. The company has nearly 400 branches across 48 states and the District of Columbia, as well as locations in Puerto Rico, the United Kingdom, Hong Kong and Singapore.
The company's main subsidiaries include Charles Schwab & Co. (securities broker-dealer), Charles Schwab Investment Management (an investment advisor for Schwab's proprietary mutual funds and Schwab’s exchange-traded funds or ETFs) and Charles Schwab Bank (a federal savings ...
Company Summary
Headquartered in Westlake, TX, The Charles Schwab Corporation is a savings and loan holding company, providing wealth management, securities brokerage, banking, asset management, custody and financial advisory services. The company has nearly 400 branches across 48 states and the District of Columbia, as well as locations in Puerto Rico, the United Kingdom, Hong Kong and Singapore.
The company's main subsidiaries include Charles Schwab & Co. (securities broker-dealer), Charles Schwab Investment Management (an investment advisor for Schwab's proprietary mutual funds and Schwab’s exchange-traded funds or ETFs) and Charles Schwab Bank (a federal savings bank).
Schwab provides financial services to individuals and institutions through two reportable segments – Investor Services and Advisor Services.
The Investor Services segment (comprising 53.1% of total client assets in 2023) offers retail brokerage, investment advisory, and banking and trust services as well as retirement plan and corporate brokerage services. Through this segment, the company offers research, analytic tools, online portfolio planning tools, performance reports, market analysis and educational material to its clients.
The Advisor Services segment (46.9%) offers custodial, trading, banking and trust, and support services, as well as retirement business services to independent registered investment advisors (RIAs), independent retirement advisors and record-keepers.
In May 2020, Schwab acquired certain of assets of USAA’s Investment Management Company, including brokerage and managed portfolio accounts. In June, it acquired Motif’s technology and intellectual property assets, while in July it acquired Naples, FL-based Wasmer, Schroeder & Company. In October, the company completed the buyout of TD Ameritrade (TDA), leading to the formation of a behemoth in the brokerage industry.
As of June 30, 2024, Schwab had 35.6 million active brokerage accounts, 1.9 million banking accounts and 5.4 million workplace plan participant accounts.
General Information
The Charles Schwab Corporation
3000 SCHWAB WAY
WESTLAKE, TX 76262
Phone: 817-859-5000
Fax: 415-627-8538
Email: investor.relations@schwab.com
| Industry | Financial - Investment Bank |
| Sector | Finance |
| Fiscal Year End | December |
| Last Reported Quarter | 9/30/2024 |
| Exp Earnings Date | 1/15/2025 |
EPS Information
| Current Quarter EPS Consensus Estimate | 0.87 |
| Current Year EPS Consensus Estimate | 3.11 |
| Estimated Long-Term EPS Growth Rate | 14.00 |
| Exp Earnings Date | 1/15/2025 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 71.31 |
| 52 Week High | 79.49 |
| 52 Week Low | 53.49 |
| Beta | 0.96 |
| 20 Day Moving Average | 7,703,569.00 |
| Target Price Consensus | 76.30 |
| 4 Week | 9.88 |
| 12 Week | 14.11 |
| YTD | 3.65 |
| 4 Week | 9.28 |
| 12 Week | 7.24 |
| YTD | -14.51 |
| Shares Outstanding (millions) | 1,778.44 |
| Market Capitalization (millions) | 126,820.91 |
| Short Ratio | NA |
| Last Split Date | 5/31/2000 |
| Dividend Yield | 1.40% |
| Annual Dividend | $1.00 |
| Payout Ratio | 0.34 |
| Change in Payout Ratio | 0.07 |
| Last Dividend Payout / Amount | 8/9/2024 / $0.25 |
Fundamental Ratios
| P/E (F1) | 22.91 |
| Trailing 12 Months | 24.42 |
| PEG Ratio | 1.64 |
| vs. Previous Year (Q0/Q-4) | 0.00% |
| vs. Previous Quarter (Q0/Q-1) | 5.48% |
| vs. Previous Year (Q0/Q-4) | 5.23% |
| vs. Previous Quarter (Q0/Q-1) | 3.35% |
| Price/Book | 3.65 |
| Price/Cash Flow | 15.17 |
| Price / Sales | 6.77 |
| 9/30/24 | 17.52 |
| 6/30/24 | 18.14 |
| 3/31/24 | 19.25 |
| 9/30/24 | 1.24 |
| 6/30/24 | 1.23 |
| 3/31/24 | 1.20 |
| 9/30/24 | Pending Next EPS Report |
| 6/30/24 | 0.42 |
| 3/31/24 | 0.42 |
| 9/30/24 | Pending Next EPS Report |
| 6/30/24 | 0.42 |
| 3/31/24 | 0.42 |
| 9/30/24 | 31.09 |
| 6/30/24 | 31.46 |
| 3/31/24 | 31.68 |
| 9/30/24 | 27.47 |
| 6/30/24 | 26.30 |
| 3/31/24 | 26.14 |
| 9/30/24 | 35.12 |
| 6/30/24 | 33.10 |
| 3/31/24 | 32.86 |
| 9/30/24 | Pending Next EPS Report |
| 6/30/24 | 19.56 |
| 3/31/24 | 18.70 |
| 9/30/24 | NA |
| 6/30/24 | NA |
| 3/31/24 | NA |
| 9/30/24 | Pending Next EPS Report |
| 6/30/24 | 0.65 |
| 3/31/24 | 0.69 |
| 9/30/24 | Pending Next EPS Report |
| 6/30/24 | 33.81 |
| 3/31/24 | 35.03 |