SCHWAB CHARLES CORP's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), SCHWAB CHARLES CORP reported revenue of $23.9B (+22.0% year on year) and net income of $8.9B (+49.0% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Interest revenue | $15.5B | $15.5B | $16.1B | $12.2B |
| Interest expense | ($3.8B) | ($6.4B) | ($6.7B) | ($1.5B) |
| Net interest revenue | $11.8B | $9.1B | $9.4B | $10.7B |
| Revenues from contracts with customers | $12.2B | $10.5B | $9.4B | $9.3B |
| Total net revenues | $23.9B | $19.6B | $18.8B | $20.8B |
| Compensation and benefits | $6.5B | $6.0B | $6.3B | $5.9B |
| Professional services | $1.2B | $1.1B | $1.1B | $1.0B |
| Occupancy and equipment | $1.1B | $1.1B | $1.3B | $1.2B |
| Advertising and market development | $420.0M | $397.0M | $397.0M | $419.0M |
| Communications | $620.0M | $591.0M | $629.0M | $588.0M |
| Depreciation and amortization | $850.0M | $916.0M | $804.0M | $652.0M |
| Amortization of acquired intangible assets | $512.0M | $519.0M | $534.0M | $596.0M |
| Regulatory fees and assessments | $287.0M | $398.0M | $547.0M | $262.0M |
| Other | $968.0M | $937.0M | $921.0M | $782.0M |
| Total expenses excluding interest | $12.5B | $11.9B | $12.5B | $11.4B |
| Income before taxes on income | $11.5B | $7.7B | $6.4B | $9.4B |
| Taxes on income | $2.6B | $1.8B | $1.3B | $2.2B |
| Net Income | $8.9B | $5.9B | $5.1B | $7.2B |
| Preferred stock dividends and other | $435.0M | $464.0M | $418.0M | $548.0M |
| Net Income Available to Common Stockholders | $8.4B | $5.5B | $4.6B | $6.6B |
| Basic (in shares) | 1.8B | 1.8B | 1.8B | 1.9B |
| Diluted (in shares) | 1.8B | 1.8B | 1.8B | 1.9B |
| Basic (in USD per share) | $4.67 | $3.00 | $2.55 | $3.52 |
| Diluted (in USD per share) | $4.65 | $2.99 | $2.54 | $3.50 |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Interest revenue | $4.1B | $4.0B | $4.0B | $3.8B |
| Interest expense | ($789.0M) | ($818.0M) | ($906.0M) | ($965.0M) |
| Net interest revenue | $3.4B | $3.1B | $3.0B | $2.8B |
| Revenues from contracts with customers | $3.7B | $3.3B | $3.1B | $3.0B |
| Total net revenues | $7.1B | $6.5B | $6.1B | $5.9B |
| Compensation and benefits | $1.8B | $1.8B | $1.7B | $1.5B |
| Professional services | $307.0M | $303.0M | $293.0M | $291.0M |
| Occupancy and equipment | $301.0M | $285.0M | $280.0M | $270.0M |
| Advertising and market development | $111.0M | $101.0M | $101.0M | $108.0M |
| Communications | $198.0M | $163.0M | $149.0M | $176.0M |
| Depreciation and amortization | $198.0M | $201.0M | $212.0M | $215.0M |
| Amortization of acquired intangible assets | $142.0M | $132.0M | $127.0M | $128.0M |
| Regulatory fees and assessments | $63.0M | $75.0M | $59.0M | $77.0M |
| Other | $293.0M | $222.0M | $240.0M | $247.0M |
| Total expenses excluding interest | $3.4B | $3.3B | $3.1B | $3.0B |
| Income before taxes on income | $3.7B | $3.2B | $3.0B | $2.8B |
| Taxes on income | $869.0M | $709.0M | $663.0M | $677.0M |
| Net Income | $2.8B | $2.5B | $2.4B | $2.1B |
| Preferred stock dividends and other | $119.0M | $82.0M | $81.0M | $149.0M |
| Net Income Available to Common Stockholders | $2.7B | $2.4B | $2.3B | $2.0B |
| Basic (in shares) | 1.7B | 1.7B | 1.8B | 1.8B |
| Diluted (in shares) | 1.7B | 1.8B | 1.8B | 1.8B |
| Basic (in USD per share) | $1.55 | $1.37 | $1.26 | $1.09 |
| Diluted (in USD per share) | $1.54 | $1.37 | $1.26 | $1.08 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $46.0B | $42.1B | $43.3B | $40.2B |
| Cash and investments segregated and on deposit for regulatory purposes (including resale agreements of $16,901 and $10,075 at December 31, 2025 and 2024, respectively) | $42.9B | $38.2B | $31.8B | $43.0B |
| Receivables from brokers, dealers, and clearing organizations | $7.2B | $2.4B | — | — |
| Receivables from brokerage clients — net | $104.7B | $85.4B | $68.7B | $66.6B |
| Available for sale securities | $62.4B | $83.0B | $107.6B | $147.9B |
| Held to maturity securities (including assets pledged of $1,270 and $5,920 at December 31, 2025 and 2024, respectively) | $134.0B | $146.5B | $159.5B | $173.1B |
| Bank loans — net | $58.0B | $45.2B | $40.4B | $40.5B |
| Equipment, office facilities, and property — net | $3.1B | $3.3B | $3.7B | $3.7B |
| Goodwill | $12.0B | $12.0B | $12.0B | $12.0B |
| Acquired intangible assets — net | $7.2B | $7.7B | $8.3B | $8.8B |
| Other assets | $13.6B | $14.0B | $17.9B | $16.1B |
| Total assets | $491.0B | $479.8B | $493.2B | $551.8B |
| Bank deposits | $255.7B | $259.1B | $290.0B | $366.7B |
| Payables to brokers, dealers, and clearing organizations | $25.7B | $13.3B | — | — |
| Payables to brokerage clients | $116.3B | $101.6B | $84.8B | $97.4B |
| Accrued expenses and other liabilities | $12.8B | $12.3B | $18.4B | $13.1B |
| Other short-term borrowings | $6.9B | $6.0B | $6.6B | — |
| Federal Home Loan Bank borrowings | $1.9B | $16.7B | $26.4B | — |
| Long-term debt | $22.2B | $22.4B | $26.1B | $20.8B |
| Total liabilities | $441.6B | $431.5B | $452.2B | $515.2B |
| Preferred stock — $.01 par value per share; aggregate liquidation preference of $6,871 and $9,329 at December 31, 2025 and 2024, respectively | $6763000000.00 | $9191000000.00 | $9191000000.00 | $9706000000.00 |
| Common stock | $21.0M | $21.0M | $21.0M | $21.0M |
| Additional paid-in capital | $28.0B | $27.6B | $27.3B | $27.1B |
| Retained earnings | $44.1B | $37.6B | $33.9B | $31.1B |
| Treasury stock, at cost — 315,863,800 and 242,977,194 shares at December 31, 2025 and 2024, respectively | -18.4B | -11.2B | -11.4B | — |
| Accumulated other comprehensive income (loss) | ($11.0B) | ($14.8B) | ($18.1B) | $22.6B |
| Total stockholders’ equity | $49.4B | $48.4B | $41.0B | $36.6B |
| Total liabilities and stockholders’ equity | $491.0B | $479.8B | $493.2B | $551.8B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents (including resale agreements of $600 at June 30, 2026) | $40.6B | $45.0B | $30.6B | $32.2B |
| Cash and investments segregated and on deposit for regulatory purposes (including resale agreements of $12,636 and $16,901 at June 30, 2026 and December 31, 2025, respectively) | $33.0B | $39.8B | $47.8B | $45.6B |
| Receivables from brokers, dealers, and clearing organizations | $22.0B | $11.8B | $4.7B | $4.3B |
| Receivables from brokerage clients — net | $122.8B | $106.2B | $93.8B | $82.8B |
| Available for sale securities (amortized cost of $66,312 and $66,225 at June 30, 2026 and December 31, 2025, respectively; including assets pledged of $760 and $281, respectively) | $62.5B | $61.1B | $62.3B | $67.6B |
| Held to maturity securities (including assets pledged of $3,933 and $1,270 at June 30, 2026 and December 31, 2025, respectively) | $130.6B | $131.7B | $136.7B | $139.7B |
| Bank loans — net | $67.0B | $60.9B | $53.6B | $50.4B |
| Equipment, office facilities, and property — net | $3.7B | $3.1B | $3.1B | $3.2B |
| Goodwill | $12.3B | $12.3B | $12.0B | $12.0B |
| Acquired intangible assets — net | $7.3B | $7.4B | $7.4B | $7.5B |
| Other assets | $15.6B | $14.1B | $13.4B | $13.7B |
| Total assets | $517.3B | $493.3B | $465.3B | $458.9B |
| Bank deposits | $249.7B | $253.0B | $239.1B | $233.1B |
| Payables to brokers, dealers, and clearing organizations | $43.8B | $28.1B | $22.4B | $18.6B |
| Payables to brokerage clients | $124.0B | $118.0B | $115.4B | $109.4B |
| Accrued expenses and other liabilities | $12.5B | $12.0B | $11.4B | $10.8B |
| Other short-term borrowings | $13.9B | $12.5B | $6.5B | $8.5B |
| Federal Home Loan Bank borrowings | $500.0M | $0 | $850.0M | $9.0B |
| Long-term debt | $22.7B | $20.5B | $20.2B | $20.2B |
| Total liabilities | $467.1B | $444.1B | $415.9B | $409.5B |
| Preferred stock — $.01 par value per share; aggregate liquidation preference of $6,315 and $6,871 at June 30, 2026 and December 31, 2025, respectively | $6213000000.00 | $6763000000.00 | $6763000000.00 | $6763000000.00 |
| Common stock | $21.0M | $21.0M | $21.0M | $21.0M |
| Additional paid-in capital | $28.2B | $28.0B | $27.9B | $27.8B |
| Retained earnings | $48.0B | $45.9B | $42.2B | $40.4B |
| Treasury stock, at cost — 346,069,683 and 315,863,800 shares at June 30, 2026 and December 31, 2025, respectively | -21.7B | -20.8B | -15.7B | -12.9B |
| Accumulated other comprehensive loss | ($10.6B) | ($10.8B) | ($11.8B) | ($12.6B) |
| Total stockholders’ equity | $50.1B | $49.2B | $49.4B | $49.5B |
| Total liabilities and stockholders’ equity | $517.3B | $493.3B | $465.3B | $458.9B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $8.9B | $5.9B | $5.1B | $7.2B |
| Share-based compensation | $317.0M | $337.0M | $320.0M | $366.0M |
| Depreciation and amortization | $850.0M | $916.0M | $804.0M | $652.0M |
| Amortization of acquired intangible assets | $512.0M | $519.0M | $534.0M | $596.0M |
| Provision (benefit) for deferred income taxes | $361.0M | ($191.0M) | ($478.0M) | ($18.0M) |
| Premium amortization, net, on available for sale and held to maturity securities | $695.0M | $806.0M | $830.0M | $1.4B |
| Other | $729.0M | $552.0M | $702.0M | $490.0M |
| Investments segregated and on deposit for regulatory purposes | ($4.5B) | ($14.1B) | $23.8B | ($874.0M) |
| Receivables from brokers, dealers, and clearing organizations | ($4.8B) | $887.0M | — | — |
| Receivables from brokerage clients | ($19.4B) | ($16.8B) | ($2.1B) | $23.9B |
| Other assets | ($1.3B) | $92.0M | ($2.0B) | $99.0M |
| Payables to brokers, dealers, and clearing organizations | $12.4B | $6.7B | — | — |
| Payables to brokerage clients | $14.8B | $16.8B | ($12.7B) | ($28.2B) |
| Accrued expenses and other liabilities | ($192.0M) | $218.0M | $4.9B | ($3.5B) |
| Net cash provided by (used for) operating activities | $9.3B | $2.7B | $19.6B | $2.1B |
| Purchases of available for sale securities | ($8.5B) | ($3.0B) | ($1.5B) | ($51.0B) |
| Proceeds from sales of available for sale securities | $9.0B | $3.5B | $8.5B | $24.7B |
| Principal payments on available for sale securities | $23.0B | $25.6B | $36.5B | $49.9B |
| Purchases of held to maturity securities | ($1.1B) | — | — | — |
| Principal payments on held to maturity securities | $15.3B | $14.7B | $15.5B | $15.7B |
| Net change in bank loans | ($12.8B) | ($4.8B) | $99.0M | ($5.8B) |
| Purchases of equipment, office facilities, and property | ($548.0M) | ($620.0M) | ($700.0M) | ($971.0M) |
| Purchases of FHLB stock | ($1.0B) | ($895.0M) | ($1.9B) | ($518.0M) |
| Proceeds from sales of FHLB stock | $1.7B | $1.4B | $1.3B | $19.0M |
| Purchases of Federal Reserve stock | ($9.0M) | ($189.0M) | ($221.0M) | ($106.0M) |
| Proceeds from sales of Federal Reserve stock | $11.0M | $0 | $98.0M | $197.0M |
| Other investing activities | ($370.0M) | ($322.0M) | ($287.0M) | ($136.0M) |
| Net cash provided by (used for) investing activities | $24.5B | $35.4B | $57.4B | $32.0B |
| Net change in bank deposits | ($3.4B) | ($30.8B) | ($76.8B) | ($77.1B) |
| Proceeds from FHLB borrowings | $28.4B | $23.0B | $49.2B | — |
| Repayments of FHLB borrowings | ($43.2B) | ($32.7B) | ($35.2B) | — |
| Proceeds from other short-term borrowings | $37.0B | $27.0B | $17.0B | $16.8B |
| Repayments of other short-term borrowings | ($36.2B) | ($27.6B) | ($15.1B) | — |
| Issuances of long-term debt | $2.0B | $0 | $6.1B | $3.0B |
| Repayments of long-term debt | ($2.2B) | ($3.7B) | ($831.0M) | ($1.0B) |
| Repurchases of common stock and nonvoting common stock | ($7.3B) | $0 | ($2.8B) | ($3.4B) |
| Redemption and repurchase of preferred stock | ($2.5B) | $0 | ($467.0M) | ($1.0B) |
| Dividends paid | ($2.3B) | ($2.3B) | ($2.3B) | ($2.1B) |
| Proceeds from stock options exercised | $156.0M | $84.0M | $49.0M | $64.0M |
| Other financing activities | ($101.0M) | ($101.0M) | ($100.0M) | ($94.0M) |
| Net cash provided by (used for) financing activities | ($29.7B) | ($47.1B) | ($61.2B) | ($68.7B) |
| Increase (Decrease) in Cash and Cash Equivalents, including Amounts Restricted | $4.1B | ($9.0B) | $15.8B | ($34.6B) |
| Cash and Cash Equivalents, including Amounts Restricted at Beginning of Year | $65.5B | $74.5B | $58.7B | $93.3B |
| Cash and Cash Equivalents, including Amounts Restricted at End of Year | $69.7B | $65.5B | $74.5B | $58.7B |
| Changes in accrued equipment, office facilities, and property purchases | $54.0M | ($13.0M) | $104.0M | ($19.0M) |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $5.3B | $2.5B | $6.4B | $4.0B |
| Share-based compensation | $230.0M | $138.0M | $259.0M | $198.0M |
| Depreciation and amortization | $399.0M | $201.0M | $644.0M | $432.0M |
| Amortization of acquired intangible assets | $274.0M | $132.0M | $385.0M | $258.0M |
| Provision (benefit) for deferred income taxes | ($20.0M) | ($10.0M) | $397.0M | ($40.0M) |
| Premium amortization, net, on available for sale and held to maturity securities | $321.0M | $174.0M | $524.0M | $351.0M |
| Other | $402.0M | $183.0M | $525.0M | $319.0M |
| Investments segregated and on deposit for regulatory purposes | $14.9B | $7.8B | ($8.7B) | ($7.4B) |
| Receivables from brokers, dealers, and clearing organizations | ($14.8B) | ($4.6B) | ($2.3B) | ($1.9B) |
| Receivables from brokerage clients | ($18.2B) | ($1.6B) | ($8.5B) | $2.6B |
| Other assets | ($2.1B) | ($584.0M) | ($1.0B) | ($665.0M) |
| Payables to brokers, dealers, and clearing organizations | $18.1B | $2.4B | $9.1B | $5.2B |
| Payables to brokerage clients | $7.6B | $1.6B | $13.8B | $7.8B |
| Accrued expenses and other liabilities | ($783.0M) | ($1.1B) | ($1.5B) | ($1.7B) |
| Net cash provided by (used for) operating activities | $11.6B | $7.3B | $10.1B | $9.5B |
| Purchases of available for sale securities | ($11.0B) | ($2.2B) | ($2.7B) | ($1.9B) |
| Proceeds from sales of available for sale securities | $6.1B | $1.5B | $5.4B | $4.2B |
| Principal payments on available for sale securities | $4.5B | $1.8B | $20.4B | $14.9B |
| Purchases of held to maturity securities | ($2.3B) | ($635.0M) | ($676.0M) | ($429.0M) |
| Principal payments on held to maturity securities | $6.5B | $3.3B | $11.7B | $8.0B |
| Net change in bank loans | ($9.1B) | ($3.0B) | ($8.4B) | ($5.2B) |
| Cash paid for acquisition, net of cash acquired | ($577.0M) | ($577.0M) | — | — |
| Purchases of equipment, office facilities, and property | ($325.0M) | ($140.0M) | ($390.0M) | ($245.0M) |
| Purchases of FHLB stock | ($21.0M) | $0 | ($589.0M) | ($317.0M) |
| Proceeds from sales of FHLB stock | $83.0M | $80.0M | $1.3B | $644.0M |
| Purchases of Federal Reserve stock | ($2.0M) | $0 | ($9.0M) | ($9.0M) |
| Proceeds from sales of Federal Reserve stock | $25.0M | $13.0M | $8.0M | $4.0M |
| Other investing activities | ($414.0M) | ($229.0M) | ($268.0M) | ($130.0M) |
| Net cash provided by (used for) investing activities | ($6.4B) | ($10.0M) | $25.7B | $19.5B |
| Net change in bank deposits | ($6.1B) | ($2.7B) | ($20.1B) | ($26.1B) |
| Proceeds from FHLB borrowings | $500.0M | $0 | $16.8B | $8.0B |
| Repayments of FHLB borrowings | ($1.9B) | ($1.9B) | ($32.6B) | ($15.7B) |
| Proceeds from other short-term borrowings | $39.6B | $17.1B | $27.5B | $20.4B |
| Repayments of other short-term borrowings | ($32.7B) | ($11.6B) | ($27.0B) | ($17.9B) |
| Issuances of long-term debt | $3.2B | — | — | — |
| Repayments of long-term debt | ($3.1B) | ($1.6B) | ($2.2B) | ($2.2B) |
| Repurchases of common stock and nonvoting common stock | ($3.4B) | ($2.4B) | ($4.6B) | ($1.8B) |
| Net proceeds from preferred stock offerings | $1.5B | — | — | — |
| Redemption of preferred stock | ($2.1B) | — | ($2.5B) | ($2.5B) |
| Dividends paid | ($1.3B) | ($632.0M) | ($1.8B) | ($1.2B) |
| Proceeds from stock options exercised | $58.0M | $47.0M | $141.0M | $109.0M |
| Other financing activities | ($158.0M) | ($129.0M) | ($97.0M) | ($95.0M) |
| Net cash provided by (used for) financing activities | ($5.7B) | ($3.7B) | ($46.4B) | ($39.0B) |
| Increase (Decrease) in Cash and Cash Equivalents, including Amounts Restricted | ($459.0M) | $3.6B | ($10.6B) | ($9.9B) |
| Cash and Cash Equivalents, including Amounts Restricted at Beginning of Year | $69.7B | $69.7B | $65.5B | $65.5B |
SCHWAB CHARLES CORP score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.