SCHW
The Charles Schwab Corporation96.00
+0.72+0.76%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Key Stats
Market Cap
174.26BP/E (TTM)
22.48Basic EPS (TTM)
4.27Dividend Yield
0.01%Recent Filings
8-K
Schwab closes Forge acquisition
Charles Schwab completed its acquisition of Forge Global Holdings on March 2, 2026, paying Forge shareholders $45 cash per common share. The deal merges public and private markets, expanding Schwab's alternative investments for individual investors and RIAs. Integration is underway. Forge operates independently for now.
10-K
FY2025 results
Schwab posted FY2025 net income of $8.9B, up 49% y/y, fueled by 22% revenue growth to $23.9B on 18% client asset gains to $11.9T and core net new assets of $519B (5.1% organic). Q4 accelerated with DATs at 8.3M (31% y/y) and margin loans surging 16% q/q to $112B, while bank loans hit $58B (28% y/y) on PAL/First Mortgage demand; net interest margin expanded to 2.74% via 90% bank supplemental funding cuts. Expenses rose 5% but stayed efficient at 0.12% of average client assets. Q4 repurchases totaled $2.9B under $20B authorization; Tier 1 Leverage dipped to 9.3% post-$7.3B buybacks/$2.5B preferred redemption. Yet client cash realignments could crimp liquidity if rates shift sharply.
8-K
Schwab announces exec transitions
Charles Schwab appointed Dennis Howard as Managing Director, Chief Technology, Operations and Data Officer effective January 29, 2026, expanding his CIO role to include operations and data. Paul Woolway retires as Charles Schwab Bank CEO on July 1, 2026, succeeded by Tyler Woulfe; Mitch Mantua retires as General Auditor, replaced by Jessica Bramhall. Neesha Hathi now leads the new Wealth Advisory and Banking Services group. Leadership runs deep here.
8-K
Record Q4 revenues, assets surge
8-K
Schwab issues $2B notes
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