SCHW Charles Schwab Corporation

Schwab Announces Its Fall Business Update

The Charles Schwab Corporation announced today that it has scheduled a Fall Business Update for institutional investors on Tuesday, October 15th. This Update, which will be held via live public webcast, is part of an ongoing series designed to help the investment community keep abreast of recent developments and management’s strategic focus. The program is scheduled to run from 7:30 a.m. - 8:30 a.m. CT, 8:30 a.m. - 9:30 a.m. ET. Participants will include Co-Chairman and Chief Executive Officer Walt Bettinger, President Rick Wurster, Chief Financial Officer Mike Verdeschi, and Managing Director Peter Crawford.

The Update will be accessible at .

About Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with 35.9 million active brokerage accounts, 5.4 million workplace plan participant accounts, 1.9 million banking accounts, and $9.74 trillion in client assets as of August 31, 2024. Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, ), and its affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent, fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services. Its primary banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at .

EN
24/09/2024

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Reports on Charles Schwab Corporation

 PRESS RELEASE

Schwab Reports Monthly Activity Highlights

WESTLAKE, Texas--(BUSINESS WIRE)-- The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of February 2025 include: This press release features multimedia. View the full release here: Core net new assets brought to the company by new and existing clients totaled $48.0 billion – a year-over-year increase of approximately 44%. Total client assets equaled $10.28 trillion as of month-end February, up 16% from February 2024 and down 1% compared to January 2025. New brokerage accounts opened during the month totaled 362,000, representing the...

 PRESS RELEASE

Schwab Reports Fourth Quarter and Full Year Results

WESTLAKE, Texas--(BUSINESS WIRE)-- The Charles Schwab Corporation reported net income for the fourth quarter totaling $1.8 billion, or $.94 earnings per share. Excluding $177 million of pre-tax transaction-related and restructuring costs, adjusted (1) net income and earnings per share equaled $2.0 billion and $1.01, respectively. This press release features multimedia. View the full release here: Client Driven Growth   $367B 2024 Core Net New Assets “In the fourth quarter of 2024, we added $115 billion in core net new assets, bringing asset gathering for the year to ...

 PRESS RELEASE

Schwab Announces Its Winter Business Update

WESTLAKE, Texas--(BUSINESS WIRE)-- The Charles Schwab Corporation announced today that it has scheduled a Winter Business Update for institutional investors on Tuesday, January 21st. This Update, which will be held via live public webcast, is part of an ongoing series designed to help the investment community keep abreast of recent developments and management’s strategic focus. The program is scheduled to run from 7:30 a.m. - 8:30 a.m. CT, 8:30 a.m. - 9:30 a.m. ET. Participants will include Chief Executive Officer Rick Wurster and Chief Financial Officer Mike Verdeschi. The Update will be ac...

 PRESS RELEASE

Schwab Reports Monthly Activity Highlights

WESTLAKE, Texas--(BUSINESS WIRE)-- The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of November 2024 include: This press release features multimedia. View the full release here: Core net new assets brought to the company by new and existing clients totaled $28.8 billion. Net new assets excluding mutual fund clearing totaled $24.1 billion. Total client assets equaled $10.31 trillion as of month-end November, up 26% from November 2023 and up 5% compared to October 2024. Transactional sweep cash ended November at $393.7 billion –...

 PRESS RELEASE

Schwab Reports Monthly Activity Highlights

WESTLAKE, Texas--(BUSINESS WIRE)-- The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of October 2024 include: This press release features multimedia. View the full release here: Core net new assets brought to the company by new and existing clients totaled $24.6 billion. Net new assets excluding mutual fund clearing totaled $21.0 billion. Total client assets equaled $9.85 trillion as of month-end October, up 29% from October 2023 and down 1% compared to September 2024. Transactional sweep cash ended October at $394.0 billion, r...

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