| Market Closed - Nyse Other stock markets | 5-day change | 1st Jan Change | ||
| 72.34 USD | -3.89% |  | -7.30% | +5.15% |
| May. 23 | UBS Adjusts Charles Schwab Price Target to $91 From $87, Maintains Buy Rating | MT |
| May. 23 | Deutsche Bank Cuts Charles Schwab's Price Target to $83 From $86 | MT |
Business Summary
The Charles Schwab Corporation specializes in brokerage and banking services. Net sales break down by activity as follows:
- brokerage and banking services to individual investors (73.6%);
- investment services to institutional investors (26.4%). Besides, the group proposes retirement plans services.
At the end of 2020, the products and services are ensured through a network of over 400 offices located in the United States. Moreover, The Charles Schwab Corporation is present in the United Kingdom, Porto Rico, Hong Kong and Singapor.
Number of employees: 32,600
Sales per Business
| USD in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
Investor Services 76.5% | 15,570 | 75.0% | 14,405 | 76.5% | -7.48% |
Advisor Services 23.5% | 5,192 | 25.0% | 4,432 | 23.5% | -14.64% |
Sales per region
| USD in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
United States 100.0% | 20,762 | 100.0% | 18,837 | 100.0% | -9.27% |
Managers
| Managers | Title | Age | Since |
|---|---|---|---|
Walter Bettinger CEO | Chief Executive Officer | 63 | 94-12-31 |
Chuck Schwab FOU | Founder | 86 | 85-12-31 |
Rick Wurster PSD | President | 51 | 21-10-14 |
Peter Crawford DFI | Director of Finance/CFO | 55 | 00-12-31 |
Dennis Howard CTO | Chief Tech/Sci/R&D Officer | 55 | 14-08-31 |
Tim Heier CTO | Chief Tech/Sci/R&D Officer | - | 99-07-31 |
Joseph Martinetto COO | Chief Operating Officer | 61 | 96-12-31 |
Christopher Dodds BRD | Director/Board Member | 64 | 85-12-31 |
Jeff Edwards IRC | Investor Relations Contact | - | - |
Nigel Murtagh PRN | Corporate Officer/Principal | 60 | 99-12-31 |
Members of the board
| Members of the board | Title | Age | Since |
|---|---|---|---|
Chuck Schwab FOU | Founder | 86 | 85-12-31 |
Christopher Dodds BRD | Director/Board Member | 64 | 85-12-31 |
Walter Bettinger CEO | Chief Executive Officer | 63 | 94-12-31 |
Frank Herringer BRD | Director/Board Member | 81 | 95-12-31 |
Paula Sneed BRD | Director/Board Member | 76 | 01-12-31 |
Bharat Masrani BRD | Director/Board Member | 67 | 20-10-01 |
Marianne Brown BRD | Director/Board Member | 65 | 20-07-31 |
Carrie Schwab-Pomerantz BRD | Director/Board Member | 64 | 22-10-25 |
Stephen Ellis BRD | Director/Board Member | 61 | 12-09-30 |
Todd Ricketts BRD | Director/Board Member | 54 | 20-10-01 |
Share class
| Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
|---|---|---|---|---|---|
| Stock A | 0 | 4,884 | 0 | 0 | 93.73% |
| Stock B | 0 | 750,000 | 0 | 0 | |
| Stock C | 1 | 1,777,281,304 | 1,665,900,968 ( 93.73%) | 0 |
Company contact information
Group companies
| Name | Category and Sector |
|---|---|
Charles Schwab Asset Management (Ireland) Ltd. Charles Schwab Asset Management (Ireland) Ltd. Financial ConglomeratesFinance Part of The Charles Schwab Corp., Charles Schwab Asset Management (Ireland) Ltd. is a company headquartered in Dublin, Ireland, that provides financial intermediation services. | Financial Conglomerates |
TD Ameritrade Clearing, Inc. TD Ameritrade Clearing, Inc. Investment Banks/BrokersFinance Founded in 1971, TD Ameritrade Clearing, Inc. is a broker/dealer headquartered in Omaha, Nebraska. The firm is a subsidiary of TD Ameritrade Online Holding Corp. and their ultimate parent is TD Ameritrade Holding Corp. (NYSE: AMTD). | Investment Banks/Brokers |
Charles Schwab Investment Management, Inc. Charles Schwab Investment Management, Inc. Investment ManagersFinance Charles Schwab Investment Management, Inc. (CSIM) is a registered investment advisor headquartered in San Francisco, California. The firm was founded in 1989 and is a subsidiary of The Charles Schwab Corp. (NASDAQ: SCHW). CSIM provides investment advice to pooled investment funds such as registered investment companies and non-US funds and to trustees of collective trust funds. They also provide non-discretionary investment management advice to their affiliate, Charles Schwab Bank (CSB). | Investment Managers |
Charles Schwab & Co., Inc. Charles Schwab & Co., Inc. Investment ManagersFinance Schwab Charles & Co., Inc. engages in the provision of investment products and services to retirement and other benefit participants. It offers trading, banking, small business solutions, investment tools and research. The company was founded in 1971 and is headquartered in San Francisco, CA. | Investment Managers |
Charles Schwab U.K. Ltd. Charles Schwab U.K. Ltd. Regional BanksFinance Part of The Charles Schwab Corp., Charles Schwab U.K. Ltd. is a business development office. The company is based in London, UK. | Regional Banks |
Charles Schwab Trust Bank Charles Schwab Trust Bank Savings BanksFinance Part of The Charles Schwab Corp., Charles Schwab Trust Bank provides directed trustee or custodian services for retirement plans, employee benefit plans, and savings plans. The company is based in Henderson, NV and is a member of FDIC. The company also serves as a trustee for collective trust funds. As of January 31, 2020, they have over $293 billion in total assets. The company provides trust, custody, and deposit products and services to employee benefit plans. Investment products are not insured by FDIC or any other type of deposit insurance and involve investment risks, including possible loss of principal invested. | Savings Banks |
TD AMERITRADE HOLDING CORPORATION | Investment Banks/Brokers |
TD Ameritrade, Inc. TD Ameritrade, Inc. Investment Banks/BrokersFinance TD Ameritrade, Inc. is an investment brokerage firm headquartered in Omaha, Nebraska. They are a subsidiary of TD Ameritrade Online Holdings Corp., ultimately owned by The Charles Schwab Corp. (NYSE: SCHW). The firm was founded in 1975 and provides online brokerage services to their clients. Customers can manage their investment portfolios via the Internet as well as through personal digital assistants, wireless phone services and interactive voice recognition systems. | Investment Banks/Brokers |
Charles Schwab Europe Ltd. |
Sector
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Sales per Business
Ratings for Charles Schwab
Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Analysts' Consensus
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
22
Last Close Price
72.34USD
Average target price
79.15USD
Spread / Average Target
+9.42%
Consensus
EPS Revisions
Estimates Revisions
Quarterly earnings - Rate of surprise
Company calendar
| 1st Jan change | Capi. | |
|---|---|---|
CHARLES SCHWAB | +5.15% | 138B |
MORGAN STANLEY | +6.08% | 165B |
THE GOLDMAN SACHS GROUP, INC. | +18.76% | 157B |
CITIGROUP INC. | +22.51% | 122B |
CITIC SECURITIES COMPANY LIMITED | -7.36% | 37.02B |
RAYMOND JAMES FINANCIAL, INC. | +10.66% | 25.62B |
CSC FINANCIAL CO., LTD. | -6.52% | 21.14B |
LPL FINANCIAL HOLDINGS INC. | +20.59% | 20.37B |
NOMURA HOLDINGS, INC. | +46.73% | 17.6B |
HUATAI SECURITIES CO., LTD. | -0.65% | 16.18B |
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- Company Charles Schwab
