Last $28.28 USD
Change Today -0.06 / -0.21%
Volume 7.5M
SCHW On Other Exchanges
Symbol
Exchange
New York
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As of 8:04 PM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

schwab (charles) corp (SCHW) Snapshot

Open
$28.75
Previous Close
$28.34
Day High
$28.77
Day Low
$28.25
52 Week High
09/18/14 - $31.00
52 Week Low
10/15/14 - $23.35
Market Cap
36.9B
Average Volume 10 Days
5.4M
EPS TTM
$0.94
Shares Outstanding
1.3B
EX-Date
11/5/14
P/E TM
30.1x
Dividend
$0.24
Dividend Yield
0.85%
Current Stock Chart for SCHWAB (CHARLES) CORP (SCHW)

schwab (charles) corp (SCHW) Details

The Charles Schwab Corporation, through its subsidiaries, provides securities brokerage, banking, money management, and financial advisory services. The company operates through two segments, Investor Services and Advisor Services. Its brokerage products include brokerage accounts; individual retirement accounts; retirement plans for small to large businesses; 529 college savings accounts; designated brokerage accounts; equity incentive plan accounts; and margin loans, as well as access to fixed income securities, equity and debt offerings, options, and futures. The company also offers no-load, proprietary, and other third-party mutual funds, as well as mutual fund trading and clearing services to broker-dealers; third-party and proprietary exchange-traded funds; and advice solutions, such as separately managed accounts, customized personal advice for tailored portfolios, and specialized planning and full-time portfolio management. In addition, it provides various banking products, including checking accounts linked to brokerage accounts, savings accounts, certificates of deposit, demand deposit accounts, first lien residential real estate mortgage loans, home equity lines of credit, and personal loans and entity lending collateralized by securities. Further, the company offers trust custody, personal trust reporting, and administrative trustee services. It serves individuals and institutional clients primarily in the United States, Commonwealth of Puerto Rico, London, and Hong Kong. The Charles Schwab Corporation was founded in 1971 and is headquartered in San Francisco, California.

14,300 Employees
Last Reported Date: 11/6/14
Founded in 1971

schwab (charles) corp (SCHW) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.0M
Founder, Chairman, Chairman of Charles Schwab...
Total Annual Compensation: $500.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $575.0K
Executive Vice President of Client Solutions
Total Annual Compensation: $550.0K
Executive Vice President and Co- Leader of In...
Total Annual Compensation: $520.8K
Compensation as of Fiscal Year 2013.

schwab (charles) corp (SCHW) Key Developments

The Charles Schwab to Launch New Automated Investment Advisory Service

The Charles Schwab has announced that it will launch new automated investment advisory service, Schwab Intelligent Portfolios, in the first quarter of 2015. The service alters the investing landscape by combining innovative technology with proven approaches to advice and the support that only people can provide, all without charging program management fees, advice fees, or commissions, while using low cost exchange traded funds. It is a combination that Schwab can uniquely deliver due to the breadth of capabilities - over four decades of firm-wide experience managing complex advisory, brokerage and money management services, banking and clearing systems and track of technology, pricing and service innovation at large scale. Service, available via web and smartphone applications, will provide investors with: diversified portfolios using Schwab and third party low-cost exchange traded funds (ETFs) as the underlying securities and portfolio management provided by Charles Schwab Investment Advisory Inc.; access to approximately 20 globally diversified asset classes including equities, fixed income, real estate, and commodities across US, international and emerging markets, and an FDIC-insured cash allocation; technology-driven daily portfolio monitoring and automatic rebalancing to keep the portfolios aligned to clients' chosen investment strategies. The service, available via web and smartphone applications, will also provide investors with: automated tax loss harvesting available at no cost for portfolios starting at $50,000; the ability to automatically fund accounts on a recurring basis; fully paperless account open and account management; and live help from investment professionals if needed and service support available 24 hours a day, seven days a week and 365 days a year.

SEC Fines Charles Schwab, JPMorgan Securities and TD Ameritrade over Sales of Puerto Rico Bonds

Federal regulators have fined 13 brokerage firms, including Charles Schwab, JPMorgan Securities and TD Ameritrade, accusing them of failing to protect retail investors in sales of high-risk bonds issued by Puerto Rico's debt-strapped government. The Securities and Exchange Commission announced the penalties. The amounts are small, from $54,000 to $130,000. But the action is significant because it is the SEC's first under a rule establishing the smallest amount of municipal bonds that brokerages can sell an investor in a single transaction. Retail investors usually buy securities in smaller amounts, so the rule is designed to ensure that high-risk "junk" bonds are sold only to investors who can purchase bigger quantities and shoulder greater risk. The SEC said it found sales below the $100,000 minimum for the Puerto Rico bonds.

The Charles Schwab Corporation Announces Executive Appointments

On October 23, 2014, at a meeting of the Board of Directors of The Charles Schwab Corporation, the Board elected Christopher V. Dodds to serve as a member of the class of directors whose term expires at the annual meeting of stockholders in 2015 and appointed Mr. Dodds to serve on the Risk Committee.

 

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Industry Analysis

SCHW

Industry Average

Valuation SCHW Industry Range
Price/Earnings 30.2x
Price/Sales 6.3x
Price/Book 3.5x
Price/Cash Flow 24.9x
TEV/Sales 0.9x
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