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Charles Schwab Corp (SCHW.N)

SCHW.N on New York Stock Exchange

45.55USD
18 Apr 2019
Change (% chg)

$-0.55 (-1.19%)
Prev Close
$46.10
Open
$45.91
Day's High
$45.96
Day's Low
$44.92
Volume
1,523,598
Avg. Vol
1,632,180
52-wk High
$60.21
52-wk Low
$37.83

Latest Key Developments (Source: Significant Developments)

Schwab Reports Record Quarterly Net Income Of $964 Mln, Up 23%
Monday, 15 Apr 2019 

April 15 (Reuters) - Charles Schwab Corp ::SCHWAB REPORTS RECORD QUARTERLY NET INCOME OF $964 MILLION, UP 23%.QUARTERLY REVENUE ROSE 14 PERCENT TO $2.7 BILLION.QTRLY EARNINGS PER SHARE $0.69.OUR PRELIMINARY TIER 1 LEVERAGE RATIO ENDED QUARTER AT 7.2%, MODESTLY ABOVE OUR OPERATING OBJECTIVE OF 6.75%-7%.ACHIEVED A 20% RETURN ON EQUITY FOR THIRD CONSECUTIVE QUARTER.CORE NET NEW ASSETS TOTAL $51.7 BILLION AND TOTAL CLIENT ASSETS REACH A $3.59 TRILLION AT QUARTER-END.Q1 EARNINGS PER SHARE VIEW $0.66, REVENUE VIEW $2.68 BILLION -- REFINITIV IBES DATA.NEW BROKERAGE ACCOUNTS TOTALED 386,000 DURING QUARTER.CHARLES SCHWAB QTRLY TRADING REVENUE DECLINED BY 8% TO $185 MILLION.  Full Article

Schwab Reports Monthly Activity Highlights
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Charles Schwab Corp ::SCHWAB REPORTS MONTHLY ACTIVITY HIGHLIGHTS.CHARLES SCHWAB CORP - CORE NET NEW ASSETS BROUGHT TO COMPANY BY NEW AND EXISTING CLIENTS IN JANUARY 2019 TOTALED $15.1 BILLION.CHARLES SCHWAB CORP - TOTAL CLIENT ASSETS WERE $3.45 TRILLION AS OF MONTH-END JANUARY, UP 6% COMPARED TO DECEMBER 2018.  Full Article

Schwab Authorizes $4 Bln Stock Repurchase, Declares 31 Pct Increase In Quarterly Common Stock Dividend, And Declares Preferred Stock Dividends
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Charles Schwab Corp ::SCHWAB AUTHORIZES $4 BILLION STOCK REPURCHASE, DECLARES 31% INCREASE IN QUARTERLY COMMON STOCK DIVIDEND, AND DECLARES PREFERRED STOCK DIVIDENDS.CHARLES SCHWAB CORP - DECLARED A 4 CENT, OR 31% INCREASE IN QUARTERLY CASH DIVIDEND TO $0.17 PER COMMON SHARE.  Full Article

Charles Schwab Corp Q4 EPS $0.65
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Charles Schwab Corp ::FY REVENUE ROSE 18 PERCENT TO $10.1 BILLION.SCHWAB FOURTH QUARTER NET INCOME OF $935 MILLION CAPS RECORD YEAR.Q4 REVENUE ESTIMATE $2.64 BILLION -- REFINITIV IBES DATA.QTRLY EARNINGS PER SHARE $0.65.Q4 EARNINGS PER SHARE VIEW $0.64 -- REFINITIV IBES DATA.ENDED YEAR AT $3.25 TRILLION IN TOTAL CLIENT ASSETS.QTRLY RETURN ON AVERAGE COMMON STOCKHOLDERS’ EQUITY (ANNUALIZED) 20% VERSUS 14%.EXPANDED ACCESS TO INVESTING IN Q4 BY REMOVING MINIMUMS FOR INDIVIDUAL U.S. BROKERAGE AND RETIREMENT ACCOUNTS.QTRLY NET REVENUES $2,669 MILLION VERSUS $2,242 MILLION.2018 CORE NET NEW ASSETS REACHED $227.8 BILLION, UP 15%.AT QUARTER-END, TOTAL NET NEW ASSETS $55.3 BILLION VERSUS $78.1 BILLION.  Full Article

Schwab Reports Monthly Activity Highlights
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Charles Schwab Corp ::SCHWAB REPORTS MONTHLY ACTIVITY HIGHLIGHTS.CHARLES SCHWAB CORP - CORE NET NEW ASSETS BROUGHT TO COMPANY BY NEW AND EXISTING CLIENTS IN NOVEMBER 2018 TOTALED $15.6 BILLION.CHARLES SCHWAB CORP - TOTAL CLIENT ASSETS WERE $3.43 TRILLION AS OF MONTH-END NOVEMBER, UP 3% FROM NOVEMBER 2017.CHARLES SCHWAB CORP - NET NEW ASSETS EXCLUDING MUTUAL FUND CLEARING TOTALED $15.0 BILLION IN NOVEMBER.CHARLES SCHWAB CORP - AVERAGE INTEREST-EARNING ASSETS ON COMPANY'S BALANCE SHEET WERE $265.6 BILLION IN NOVEMBER, UP 19% FROM NOVEMBER 2017.  Full Article

Charles Schwab Authorizes $1 Billion Stock Repurchase
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Charles Schwab Corp ::SCHWAB AUTHORIZES $1 BILLION STOCK REPURCHASE, DECLARES COMMON STOCK DIVIDEND, AND DECLARES PREFERRED STOCK DIVIDENDS.CHARLES SCHWAB CORP - DECLARED A QUARTERLY CASH DIVIDEND OF $0.13 PER COMMON SHARE.CHARLES SCHWAB CORP - INTEND TO EXECUTE REPURCHASE AUTHORIZATION OVER NEXT FEW MONTHS.CHARLES SCHWAB CORP - SHARE REPURCHASE PROGRAM PREVIOUSLY HAD $596 MILLION OF SHARE REPURCHASES REMAINING UNDER TWO PRIOR AUTHORIZATIONS.CHARLES SCHWAB CORP - BOARD'S DECISION HAS REPLACED PREVIOUS AUTHORIZATIONS WITH APPROVAL TO REPURCHASE TOTAL OF $1 BILLION OF ITS COMMON STOCK.  Full Article

Schwab QTRLY Earnings Per Share $0.65
Monday, 15 Oct 2018 

Oct 15 (Reuters) - Charles Schwab Corp ::SCHWAB REPORTS RECORD QUARTERLY NET INCOME OF $923 MILLION, UP 49%.QUARTERLY REVENUE ROSE 19 PERCENT TO $2.6 BILLION.QTRLY EARNINGS PER SHARE $0.65.TOTAL CLIENT ASSETS GREW 12% YEAR-OVER-YEAR, ENDING QUARTER AT $3.56 TRILLION.AT QUARTER-END, ACTIVE BROKERAGE ACCOUNTS WERE 11.4 MILLION VERSUS. 11.2 MILLION REPORTED AT Q2-END.Q3 EARNINGS PER SHARE VIEW $0.65 -- THOMSON REUTERS I/B/E/S.Q3 REVENUE VIEW $2.58 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Schwab Reports Monthly Activity Highlights
Tuesday, 14 Aug 2018 

Aug 14 (Reuters) - Charles Schwab Corp ::SCHWAB REPORTS MONTHLY ACTIVITY HIGHLIGHTS.CHARLES SCHWAB CORP - CORE NET NEW ASSETS BROUGHT TO COMPANY BY NEW AND EXISTING CLIENTS IN JULY 2018 TOTALED $16.3 BILLION.CHARLES SCHWAB CORP - NET NEW ASSETS EXCLUDING MUTUAL FUND CLEARING TOTALED $15.8 BILLION IN JULY 2018.CHARLES SCHWAB - CLIENT ASSETS RECEIVING ONGOING ADVISORY SERVICES WERE $1.81 TRILLION AS OF MONTH-END JULY, UP 15% FROM JULY 2017.CHARLES SCHWAB CORP - TOTAL CLIENT ASSETS WERE $3.48 TRILLION AS OF MONTH-END JULY, UP 12% FROM JULY 2017.  Full Article

Schwab Declares 30 Pct Increase In Quarterly Common Stock Dividend
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Charles Schwab Corp ::SCHWAB DECLARES 30% INCREASE IN QUARTERLY COMMON STOCK DIVIDEND AND DECLARES PREFERRED STOCK DIVIDENDS.CHARLES SCHWAB CORP - BOARD DECLARED A 3 CENT, OR 30%, INCREASE IN QUARTERLY CASH DIVIDEND TO $0.13 PER COMMON SHARE.  Full Article

Schwab Reports Monthly Activity Highlights
Monday, 14 May 2018 

May 14 (Reuters) - Charles Schwab Corp ::SCHWAB REPORTS MONTHLY ACTIVITY HIGHLIGHTS.CHARLES SCHWAB CORP - CORE NET NEW ASSETS BROUGHT TO COMPANY BY NEW AND EXISTING CLIENTS IN APRIL 2018 TOTALED $9.9 BILLION.CHARLES SCHWAB CORP - NEW BROKERAGE ACCOUNTS TOTALED 141,000 IN APRIL, UP 13% FROM APRIL 2017.CHARLES SCHWAB CORP - TOTAL CLIENT ASSETS WERE $3.31 TRILLION AS OF MONTH-END APRIL, UP 12% FROM APRIL 2017.  Full Article

Former Instinet CEO tapped to head new Wall Street-backed exchange

NEW YORK, Feb 27 Jonathan Kellner, former chief executive officer of brokerage Instinet, was on Wednesday named CEO of the Members Exchange, a new low-cost electronic bourse being built by a group of financial heavyweights to challenge the New York Stock Exchange and Nasdaq.