Schwab Charles Corp (SCHW) |
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Price: $67.4000
$0.36
0.537%
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Day's High:
| $67.14
| Week Perf:
| 1.35 %
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Day's Low: |
$ 66.67 |
30 Day Perf: |
4.29 % |
Volume (M): |
249 |
52 Wk High: |
$ 71.40 |
Volume (M$): |
$ 16,644 |
52 Wk Avg: |
$58.52 |
Open: |
$66.13 |
52 Wk Low: |
$45.65 |
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Market Capitalization (Millions $) |
123,363 |
Shares
Outstanding (Millions) |
1,830 |
Employees |
33,400 |
Revenues (TTM) (Millions $) |
18,837 |
Net Income (TTM) (Millions $) |
5,067 |
Cash Flow (TTM) (Millions $) |
15,753 |
Capital Exp. (TTM) (Millions $) |
700 |
Schwab Charles Corp
The Charles Schwab Corporation (CSC, and with its subsidiaries collectively referred
to as the Company) was'incorporated'in 1986 and engages,'through its subsidiaries,'
in securities brokerage, banking, and related financial services. Charles Schwab
& Co., Inc. (Schwab) was incorporated in 1971 and is a securities broker-dealer
that entered the discount'brokerage business in 1974.'U.S. Trust Corporation'(USTC,'
and'with'its'subsidiaries'collectively'referred'to as U.S. Trust),'which merged
with CSC in 2000,'is a wealth'management'firm that through its subsidiaries'also
provides'fiduciary'services and private banking services.'Charles'Schwab'Bank,'
N.A.'(Schwab'Bank),'is a retail bank which commenced operations in April 2003.
Other'subsidiaries'of CSC include Charles Schwab'Investment'Management, Inc.
(CSIM), Schwab Capital Markets L.P. (SCM), CyberTrader, Inc. (CyberTrader),
and The Charles Schwab Trust Company (CSTC).'CSIM is the investment advisor
for Schwabs proprietary mutual funds. The Company refers to certain funds for
which CSIM is the'investment'advisor as the SchwabFunds(R). SCM is a market
maker in Nasdaq, exchange-listed, and other securities providing trade execution
services primarily to broker-dealers and institutional clients. CyberTrader,
a subsidiary acquired'in 2000,'is an'electronic'trading'technology'and'brokerage'
firm providing services to highly active,'online traders. CSTC serves as trustee
for employee benefit plans, primarily 401(k) plans.
The Companys'primary strategy is to meet the financial'services needs of individual'
investors'and'independent'IAs. To sustain'and advance'this core franchise,'the
Company remains'focused on improving'service for these clients and building
stronger'relationships'with them. The Company provides'investors and IAs with'
products'and'services'that are'tailored'to (a) support a full spectrum'of'investment'
styles and life'stages,'and (b) utilize its scale in trading, operations, distribution
and marketing.
The'Company'offers a broad'range of'products'to address'its'clients varying'
investment'and financial'needs.'Examples of these product'offerings include:
-'Brokerage'-'various'asset'management'accounts'including'some'with check-writing
features, individual retirement accounts, Keogh accounts, 529 college'savings'
accounts,'margin'loans,'and'access'to'fixed'income
securities, and equity and debt offerings;
-'Banking - first'mortgages,'home equity lines of credit,'certificates'of deposit,
demand deposit accounts, and private banking accounts; and
-'Mutual funds - third-party mutual funds through Mutual Fund Marketplace(R),
including'no-load mutual funds through the Mutual Fund OneSource'service, and'
proprietary'mutual'funds from two fund'families -'SchwabFunds'and Excelsior
Funds.
In addition,'the Company offers a wide array of services'designed to meet the
needs of independent, advised, and actively trading investors.
The'Companys'products and services are made'available'through its four segments
- Individual'Investor,'Institutional'Investor,'Capital Markets, and U.S. Trust.
The Company faces significant competition from companies seeking to attract
client financial assets,'including'traditional,'discount and online brokerage
firms, mutual fund companies,'banks, and asset management and wealth management
companies.
Company Address: 3000 Schwab Way Westlake 76262 TX
Company Phone Number: 859-5000 Stock Exchange / Ticker: 0 SCHW
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Customers Net Income grew by |
SCHW's Customers Net Profit Margin grew to |
2.4 % |
10.04 %
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Stock Performances by Major Competitors |
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Schwab Charles Corp
The recent financial results of Schwab Charles Corp have been disappointing, with the company reporting a decline in both revenue and earnings. In the fourth quarter of 2023, the company's EPS plummeted by -47.81% and revenue declined by -18.883% year on year. This decline in profitability is a cause for concern for the company's shareholders and investors. One of the main factors contributing to the decline in revenue and earnings is the decrease in EPS and revenue from the previous times. EPS decreased by -9.19% from $0.56 per share, and revenue decreased by -3.191% from $4.61 billion. These decreases indicate a downward trend in the company's financial performance, which raises questions about the company's ability to generate growth in the future.
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Schwab Charles Corp
Schwab Charles Corp, an Investment Services company, recently announced its financial results for the most recent fiscal period, and the numbers were concerning. Both the top-line and bottom-line figures showed a significant decline compared to the previous year. Net profit per share plunged by -43.43%, while revenue dropped by -16.255% year on year. In terms of revenue, Schwab Charles Corp generated $4.61 billion, which marked a decrease from $5.50 billion in the same period a year ago. Similarly, earnings per share (eps) suffered, with a drop from $0.99 to $0.56. These figures were notably lower than both the company's previous fiscal period and the industry average for the same period.
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Schwab Charles Corp
The stock market has always been a fascinating and dynamic industry, constantly evolving and bringing new opportunities for investors. Despite the recent decrease in net profit and revenue, there are several positive aspects to consider regarding Schwab Charles Corp, a prominent Investment Services company. Firstly, it's important to note that even though there was a decline in net profit per share in the most recent fiscal period, the decline was only -26.44% to $0.64 per share. While any decrease is cause for concern, it's noteworthy that the company still maintained a profit per share, demonstrating its resilience in the face of challenging market conditions.
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Schwab Charles Corp
Schwab Charles Corp, commonly known as Charles Schwab, is a financial services company headquartered in San Francisco, California. The company operates in the brokerage, banking, and financial advisory industries, providing a range of services to individual and institutional clients. Over the past fiscal year, Schwab Charles Corp has seen impressive growth in revenue and earnings. Revenue increased by 9.503% to $5.12 billion, up from $4.67 billion in the prior year reporting period. Earnings were up by 23.88% to $0.83, compared to $0.67 in the prior year reporting period. These strong financial results have buoyed the company's stock price and cemented its position in the financial services industry.
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Per Share |
Current |
Earnings (TTM) |
2.54 $ |
Revenues (TTM) |
10.29 $
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Cash Flow (TTM) |
8.61 $ |
Cash |
23.68 $
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Book Value |
22.38 $
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Dividend (TTM) |
1.12 $ |
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Per Share |
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Earnings (TTM) |
2.54 $
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Revenues (TTM) |
10.29 $ |
Cash Flow (TTM) |
8.61 $ |
Cash |
23.68 $
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Book Value |
22.38 $ |
Dividend (TTM) |
1.12 $ |
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Individual Investor |
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Segment |
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of total Revenue |
Institutional Investor |
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Segment |
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of total Revenue |
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Schwab Charles's Operating Statistics
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Decrease / Increase
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Revenue Clients Daily Avg. Trades (thousands) |
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Schwab Investor Clients Daily Avg. Trades (thousands) |
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Schwab Asset based Daily Avg. Trades (thousands) |
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Total Clients Daily Avg. Trades (thousands) |
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Avg. Revenue Per Revenue Trade ($) |
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Mutual fund Assets in client accounts (millions $) |
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Equity Assets in client accounts (millions $) |
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Fixed securities Assets in client accounts (millions$) |
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Margin loans outstanding in client accounts (millions $) |
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Total Assets in client accounts (millions $) |
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Active Brokerage Client Accounts (thousands) |
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Banking Client Accounts (thousands) |
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Retirement Plan Client Accounts (thousands) |
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