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Charles Schwab Corp (SCHW.N)

SCHW.N on New York Stock Exchange

37.14USD
16 Aug 2019
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$0.58 (+1.59%)
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Latest Key Developments (Source: Significant Developments)

Charles Schwab Says Total Client Assets Were A Record $3.75 Trillion As Of Month-End July, Up 8% From July 2018
Wednesday, 14 Aug 2019 

Aug 14 (Reuters) - Charles Schwab Corp ::SCHWAB REPORTS MONTHLY ACTIVITY HIGHLIGHTS.CHARLES SCHWAB CORP - TOTAL CLIENT ASSETS WERE A RECORD $3.75 TRILLION AS OF MONTH-END JULY, UP 8% FROM JULY 2018 AND UP 1% COMPARED TO JUNE 2019..CHARLES SCHWAB CORP - CORE NET NEW ASSETS BROUGHT TO COMPANY BY NEW AND EXISTING CLIENTS TOTALED $19.3 BILLION FOR JULY.  Full Article

Charles Schwab Corporation To Acquire Assets Of USAA's Investment Management Company
Thursday, 25 Jul 2019 

July 25 (Reuters) - Charles Schwab Corp ::CHARLES SCHWAB CORPORATION TO ACQUIRE ASSETS OF USAA’S INVESTMENT MANAGEMENT COMPANY.CHARLES SCHWAB CORPORATION TO ACQUIRE ASSETS OF USAA’S INVESTMENT MANAGEMENT COMPANY.CHARLES SCHWAB CORP - EXPECTS TRANSACTION TO BE MODESTLY ACCRETIVE TO EPS ON A CASH BASIS BY YEAR ONE.CHARLES SCHWAB CORP - EXPECTS TRANSACTION TO BE MODESTLY ACCRETIVE TO EPS ON A GAAP BASIS BY YEAR TWO.CHARLES SCHWAB CORP - DEFINITIVE AGREEMENT TO ACQUIRE ASSETS OF USAA'S INVESTMENT MANAGEMENT COMPANY FOR $1.8B IN CASH.CHARLES SCHWAB CORP - SOME REVENUE SYNERGIES ARE EXPECTED FROM TRANSACTION.CHARLES SCHWAB CORP - TRANSACTION WILL BE FUNDED WITH AVAILABLE PARENT COMPANY CASH.CHARLES SCHWAB - EXPECTS TO HAVE SUFFICIENT CAPITAL AT TIME OF CLOSING FOR PRO FORMA TIER 1 LEVERAGE RATIO TO REMAIN IN LINE WITH 6.75%-7% TARGET RANGE.  Full Article

Schwab Reports Q2 Earnings Per Share Of $0.66
Tuesday, 16 Jul 2019 

July 16 (Reuters) - Charles Schwab Corp ::SCHWAB REPORTS NET INCOME OF $937 MILLION, UP 8%, POSTING THE STRONGEST SECOND QUARTER IN COMPANY HISTORY.Q2 REVENUE $2.7 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.67 BILLION.QTRLY EARNINGS PER SHARE $0.66.Q2 EARNINGS PER SHARE VIEW $0.65 -- REFINITIV IBES DATA.TOTAL CLIENT ASSETS WAS $3.70 TRILLION AS OF JUNE 30(TH), AN INCREASE OF $305 BILLION, OR 9% FROM A YEAR AGO.THUS FAR IN 2019, A CHALLENGING MIX OF GEOPOLITICAL, ECONOMIC, AND MARKET DYNAMICS HAS PERSISTED.AT QUARTER-END, ACTIVE BROKERAGE ACCOUNTS WERE 11.97 MILLION VERSUS. 11.2 MILLION REPORTED LAST YEAR.BOTH ADVISORS AND INDIVIDUAL CLIENTS CONTRIBUTED TO TOTAL CORE NET NEW ASSETS OF $37.2 BILLION DURING Q2.  Full Article

Charles Schwab Says Issued $600 Million Aggregate Principal Amount Of 3.250% Senior Notes Due 2029
Wednesday, 22 May 2019 

May 22 (Reuters) - Charles Schwab Corp ::CHARLES SCHWAB SAYS ISSUED $600 MILLION AGGREGATE PRINCIPAL AMOUNT OF 3.250% SENIOR NOTES DUE 2029 - SEC FILING.  Full Article

Charles Schwab Files For Offering Of $600 Mln Of 3.250% Senior Notes Due 2029
Tuesday, 21 May 2019 

May 21 (Reuters) - Charles Schwab Corp ::CHARLES SCHWAB CORP FILES FOR OFFERING OF $600 MILLION OF 3.250% SENIOR NOTES DUE 2029 - SEC FILING.  Full Article

Charles Schwab Says Total Client Assets Were $3.53 Tln As Of Month-End Feb 2019, Up 6 Pct From Feb 2018
Thursday, 14 Mar 2019 

March 14 (Reuters) - Charles Schwab Corp ::SCHWAB REPORTS MONTHLY ACTIVITY HIGHLIGHTS.CHARLES SCHWAB CORP - TOTAL CLIENT ASSETS WERE $3.53 TRILLION AS OF MONTH-END FEBRUARY, UP 6% FROM FEBRUARY 2018 AND UP 2% COMPARED TO JANUARY 2019.CHARLES SCHWAB CORP - CORE NET NEW ASSETS BROUGHT TO CO BY NEW AND EXISTING CLIENTS IN FEBRUARY 2019 TOTALED $18.3 BILLION.CHARLES SCHWAB CORP - ACTIVE BROKERAGE ACCOUNTS WERE 11.7 MILLION AS OF MONTH-END FEBRUARY, UP 7% FROM FEBRUARY 2018.  Full Article

Charles Schwab Corp Reports Monthly Activity Highlights
Wednesday, 14 Nov 2018 

Nov 14 (Reuters) - Charles Schwab Corp ::SCHWAB REPORTS MONTHLY ACTIVITY HIGHLIGHTS.CHARLES SCHWAB CORP - TOTAL CLIENT ASSETS WERE $3.39 TRILLION AS OF MONTH-END OCTOBER, UP 4% FROM OCTOBER 2017.CHARLES SCHWAB CORP - NEW BROKERAGE ACCOUNTS WERE 133,000 IN OCTOBER, UP 14% FROM OCTOBER 2017.CHARLES SCHWAB CORP - CORE NET NEW ASSETS BROUGHT TO COMPANY BY NEW AND EXISTING CLIENTS IN OCTOBER 2018 TOTALED $14.9 BILLION.  Full Article

Noble Group Charles Schwab Investment Management Becomes New Substantial Shareholder
Tuesday, 25 Sep 2018 

Sept 25 (Reuters) - Noble Group Ltd ::CHARLES SCHWAB INVESTMENT MANAGEMENT RAISES STAKE IN CO TO 5.3 PERCENT FROM 4.88 PERCENT.  Full Article

Schwab's Total Client Assets $3.56 Trillion As Of Month-End August, Up 14 Pct
Monday, 17 Sep 2018 

Sept 17 (Reuters) - Charles Schwab Corp ::SCHWAB REPORTS MONTHLY ACTIVITY HIGHLIGHTS.CHARLES SCHWAB - TOTAL CLIENT ASSETS WERE $3.56 TRILLION AS OF MONTH-END AUGUST, UP 14% FROM AUGUST 2017.CHARLES SCHWAB CORP - CORE NET NEW ASSETS BROUGHT TO CO BY NEW AND EXISTING CLIENTS IN AUGUST 2018 TOTALED $20.8 BILLION.CHARLES SCHWAB CORP - NEW BROKERAGE ACCOUNTS TOTALED 132,000 IN AUGUST 2018, UP 7% FROM AUGUST 2017.  Full Article

Schwab Qtrly Diluted Earnings Per Common Share $.60
Tuesday, 17 Jul 2018 

July 17 (Reuters) - Charles Schwab Corp ::SCHWAB REPORTS RECORD QUARTERLY NET INCOME OF $866 MILLION, UP 51%.Q2 REVENUE $2.5 BILLION VERSUS I/B/E/S VIEW $2.47 BILLION.QTRLY DILUTED EARNINGS PER COMMON SHARE$.60.ENDED QUARTER SERVING $3.40 TRILLION IN TOTAL CLIENT ASSETS.Q2 EARNINGS PER SHARE VIEW $0.58 -- THOMSON REUTERS I/B/E/S.CHARLES SCHWAB - AT QUARTER-END, ACTIVE BROKERAGE ACCOUNTS WERE 11.2 MILLION VERSUS 11.0 MILLION REPORTED AT Q1 END.  Full Article

PRESS DIGEST - Wall Street Journal - July 26

July 26 The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.