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Charles Schwab Corp (SCHW.N)

SCHW.N on New York Stock Exchange

43.62USD
13 Sep 2019
Change (% chg)

$0.55 (+1.28%)
Prev Close
$43.07
Open
$43.69
Day's High
$43.99
Day's Low
$43.50
Volume
1,660,269
Avg. Vol
2,238,731
52-wk High
$52.69
52-wk Low
$35.85

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

Brokerage Charles Schwab says to cut about 600 jobs

Sept 10 Discount brokerage company Charles Schwab Corp is cutting about 600 jobs after an internal review, a company spokeswoman confirmed on Tuesday.