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Charles Schwab Corp (SCHW.N)

SCHW.N on New York Stock Exchange

37.14USD
16 Aug 2019
Change (% chg)

$0.58 (+1.59%)
Prev Close
$36.56
Open
$36.86
Day's High
$37.52
Day's Low
$36.86
Volume
1,819,325
Avg. Vol
2,167,674
52-wk High
$52.69
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$36.01

Latest Key Developments (Source: Significant Developments)

Charles Schwab In Talks To Buy USAA Wealth-Management, Brokerage Units - WSJ
Monday, 15 Jul 2019 

July 15 (Reuters) - :CHARLES SCHWAB IN TALKS TO BUY USAA WEALTH-MANAGEMENT, BROKERAGE UNITS - WSJ.CHARLES SCHWAB WOULD PAY ROUGHLY $2 BILLION FOR USAA'S BROKERAGE AND WEALTH-MANAGEMENT OPERATIONS - WSJ.  Full Article

Charles Schwab Corp Reports Total Client Assets $3.53 Trillion As Of Month-End May, Up 5% From May 2018
Friday, 14 Jun 2019 

June 14 (Reuters) - Charles Schwab Corp ::SCHWAB REPORTS MONTHLY ACTIVITY HIGHLIGHTS.CHARLES SCHWAB CORP - TOTAL CLIENT ASSETS WERE $3.53 TRILLION AS OF MONTH-END MAY, UP 5% FROM MAY 2018 AND DOWN 4% COMPARED TO APRIL 2019.CHARLES SCHWAB CORP - CORE NET NEW ASSETS BROUGHT TO COMPANY BY NEW AND EXISTING CLIENTS IN MAY 2019 TOTALED $17.3 BILLION.CHARLES SCHWAB CORP - AVERAGE INTEREST-EARNING ASSETS ON COMPANY'S BALANCE SHEET WERE $263.7 BILLION IN MAY, UP 9% FROM MAY 2018.  Full Article

Schwab Reports Monthly Activity Highlights
Tuesday, 14 May 2019 

May 14 (Reuters) - Charles Schwab Corp ::SCHWAB REPORTS MONTHLY ACTIVITY HIGHLIGHTS.CHARLES SCHWAB - CORE NET NEW ASSETS BROUGHT TO COMPANY BY NEW AND EXISTING CLIENTS IN APRIL 2019 TOTALED NEGATIVE $0.3 BILLION.CHARLES SCHWAB CORP - TOTAL CLIENT ASSETS WERE $3.67 TRILLION AS OF MONTH-END APRIL, UP 11% FROM APRIL 2018 AND UP 2% COMPARED TO MARCH 2019.CHARLES SCHWAB - NEW BROKERAGE ACCOUNTS WERE 147,000 IN APRIL, UP 4% FROM APRIL 2018 AND UP 5% COMPARED TO MARCH 2019.CHARLES SCHWAB CORP - NET NEW ASSETS EXCLUDING MUTUAL FUND CLEARING IN APRIL 2019 TOTALED NEGATIVE $1.2 BILLION.  Full Article

Charles Schwab Corp Declared A Regular Quarterly Cash Dividend Of $0.17 Per Common Share.
Wednesday, 1 May 2019 

April 30 (Reuters) - Charles Schwab Corp ::CHARLES SCHWAB CORP - DECLARED A REGULAR QUARTERLY CASH DIVIDEND OF $0.17 PER COMMON SHARE..  Full Article

Charles Schwab Corp Chairman Charles R. Schwab Reports Open Market Sale Of 250,000 Common Shares On April 22
Tuesday, 23 Apr 2019 

April 23 (Reuters) - :CHARLES SCHWAB CORP CHAIRMAN CHARLES R. SCHWAB REPORTS OPEN MARKET SALE OF 250,000 COMMON SHARES ON APRIL 22 AT AVERAGE PRICE $45.2862/SHARE - SEC FILING.  Full Article

Schwab Reports Record Quarterly Net Income Of $964 Mln, Up 23%
Monday, 15 Apr 2019 

April 15 (Reuters) - Charles Schwab Corp ::SCHWAB REPORTS RECORD QUARTERLY NET INCOME OF $964 MILLION, UP 23%.QUARTERLY REVENUE ROSE 14 PERCENT TO $2.7 BILLION.QTRLY EARNINGS PER SHARE $0.69.OUR PRELIMINARY TIER 1 LEVERAGE RATIO ENDED QUARTER AT 7.2%, MODESTLY ABOVE OUR OPERATING OBJECTIVE OF 6.75%-7%.ACHIEVED A 20% RETURN ON EQUITY FOR THIRD CONSECUTIVE QUARTER.CORE NET NEW ASSETS TOTAL $51.7 BILLION AND TOTAL CLIENT ASSETS REACH A $3.59 TRILLION AT QUARTER-END.Q1 EARNINGS PER SHARE VIEW $0.66, REVENUE VIEW $2.68 BILLION -- REFINITIV IBES DATA.NEW BROKERAGE ACCOUNTS TOTALED 386,000 DURING QUARTER.CHARLES SCHWAB QTRLY TRADING REVENUE DECLINED BY 8% TO $185 MILLION.  Full Article

Schwab Reports Monthly Activity Highlights
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Charles Schwab Corp ::SCHWAB REPORTS MONTHLY ACTIVITY HIGHLIGHTS.CHARLES SCHWAB CORP - CORE NET NEW ASSETS BROUGHT TO COMPANY BY NEW AND EXISTING CLIENTS IN JANUARY 2019 TOTALED $15.1 BILLION.CHARLES SCHWAB CORP - TOTAL CLIENT ASSETS WERE $3.45 TRILLION AS OF MONTH-END JANUARY, UP 6% COMPARED TO DECEMBER 2018.  Full Article

Schwab Authorizes $4 Bln Stock Repurchase, Declares 31 Pct Increase In Quarterly Common Stock Dividend, And Declares Preferred Stock Dividends
Thursday, 31 Jan 2019 

Jan 30 (Reuters) - Charles Schwab Corp ::SCHWAB AUTHORIZES $4 BILLION STOCK REPURCHASE, DECLARES 31% INCREASE IN QUARTERLY COMMON STOCK DIVIDEND, AND DECLARES PREFERRED STOCK DIVIDENDS.CHARLES SCHWAB CORP - DECLARED A 4 CENT, OR 31% INCREASE IN QUARTERLY CASH DIVIDEND TO $0.17 PER COMMON SHARE.  Full Article

Charles Schwab Corp Q4 EPS $0.65
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Charles Schwab Corp ::FY REVENUE ROSE 18 PERCENT TO $10.1 BILLION.SCHWAB FOURTH QUARTER NET INCOME OF $935 MILLION CAPS RECORD YEAR.Q4 REVENUE ESTIMATE $2.64 BILLION -- REFINITIV IBES DATA.QTRLY EARNINGS PER SHARE $0.65.Q4 EARNINGS PER SHARE VIEW $0.64 -- REFINITIV IBES DATA.ENDED YEAR AT $3.25 TRILLION IN TOTAL CLIENT ASSETS.QTRLY RETURN ON AVERAGE COMMON STOCKHOLDERS’ EQUITY (ANNUALIZED) 20% VERSUS 14%.EXPANDED ACCESS TO INVESTING IN Q4 BY REMOVING MINIMUMS FOR INDIVIDUAL U.S. BROKERAGE AND RETIREMENT ACCOUNTS.QTRLY NET REVENUES $2,669 MILLION VERSUS $2,242 MILLION.2018 CORE NET NEW ASSETS REACHED $227.8 BILLION, UP 15%.AT QUARTER-END, TOTAL NET NEW ASSETS $55.3 BILLION VERSUS $78.1 BILLION.  Full Article

Schwab Reports Monthly Activity Highlights
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Charles Schwab Corp ::SCHWAB REPORTS MONTHLY ACTIVITY HIGHLIGHTS.CHARLES SCHWAB CORP - CORE NET NEW ASSETS BROUGHT TO COMPANY BY NEW AND EXISTING CLIENTS IN NOVEMBER 2018 TOTALED $15.6 BILLION.CHARLES SCHWAB CORP - TOTAL CLIENT ASSETS WERE $3.43 TRILLION AS OF MONTH-END NOVEMBER, UP 3% FROM NOVEMBER 2017.CHARLES SCHWAB CORP - NET NEW ASSETS EXCLUDING MUTUAL FUND CLEARING TOTALED $15.0 BILLION IN NOVEMBER.CHARLES SCHWAB CORP - AVERAGE INTEREST-EARNING ASSETS ON COMPANY'S BALANCE SHEET WERE $265.6 BILLION IN NOVEMBER, UP 19% FROM NOVEMBER 2017.  Full Article

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Charles Schwab in talks to buy USAA wealth-management, brokerage units: WSJ

Charles Schwab Corp is in talks to buy brokerage and wealth-management operations from USAA for about $2 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter.