SCHWAB CHARLES CORP
Close on Oct 19, 2026
- Market cap
- $155.78B
- P/E (TTM)
- 16.3
- Dividend yield
- 1.21%
About Schwab Charles
Security Brokers, Dealers & Flotation Companies, SIC 6211
The Charles Schwab Corporation is a savings and loan holding company that delivers wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company conducts business through two primary segments: Investor Services and Advisor Services. Its offerings include retail brokerage accounts, equities, fixed income, options, futures, mutual funds, exchange-traded funds, managed portfolios, deposit accounts, residential mortgages, and trust services. The firm serves individual retail investors ranging from novice savers to high-net-worth individuals, employers, and workplace plan participants. It also provides custodial, trading, and operational support to independent registered investment advisors, retirement plan advisors, and recordkeepers.
The firm operates primarily across the United States and maintains international investing capabilities, serving clients through branch networks, telephone support, and digital platforms. Schwab administers approximately 38.5 million active brokerage accounts, 5.7 million workplace plan participant accounts, and 2.2 million banking accounts. The company's principal banking entities are headquartered in Westlake, Texas.
Summary of the business section of Schwab Charles's latest annual report, written by StockData.
Company profile
Company
- Legal name
- SCHWAB CHARLES CORP
- Founded
- 1971
- Headquarters
- Westlake, TX
- Address
- 3000 Schwab Way 76262
- Phone
- (817) 859-5000
- Website
- www.schwab.com
- Employees
- 10,000, Dec 31, 2020
- Industry
- Security Brokers, Dealers & Flotation Companies
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- DELOITTE & TOUCHE LLP, Dallas, TX
Stock & identifiers
- Ticker
- SCHW
- Other tickers
- SCHW.PD, SCHW.PJ
- Exchange
- NYSE
- Shares outstanding
- 1.73B, Jul 31, 2026
- Public float
- $156.30B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 3-for-2, May 31, 2000; 2-for-1, Jul 2, 1999; 3-for-2, Dec 14, 1998; 3-for-2, Sep 16, 1997; 2-for-1, Sep 5, 1995; 3-for-2, Mar 2, 1995; 3-for-2, Jun 2, 1993; 3-for-2, Dec 3, 1991
- SEC CIK
- 316709
- CUSIP
- 808513105
- ISIN
- US8085131055
- LEI
- 549300VSGCJ7E698NM85
- EIN
- 94-3025021
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Walter W. Bettinger | Co-Chairman, Director | 840,154 |
| Charles R. Schwab | Co-Chairman, Director | 94,239,726 |
| Richard A. Wurster | President & CEO, Director | 223,004 |
| Neesha Hathi | MD, Head Wealth Adv, Bnk, Tst | 5,770 |
| Jonathan S. Beatty | MD, Head of Advisor Services | 43,197 |
| Dennis Howard | MD, Chief Tech, OPS & Data Off | 6,980 |
| Jonathan M. Craig | MD, Head of Retail Investing | 0 |
| Nigel J. Murtagh | Chief Risk Officer | 60,593 |
| Peter J. Morgan III | General Counsel | 849 |
| Tyler A. Woulfe | MD, Chief Banking Officer | 4,018 |
| Michael D. Verdeschi | CFO | 47,442 |
| Paul V. Woolway | MD, Chief Banking Officer | 95,459 |
| Stephen A. Ellis | Director | 111,655 |
| Carolyn Schwab-Pomerantz | Director | 1,773,335 |
| Paula A. Sneed | Director | 101,386 |
| Marianne Catherine Brown | Director | 17,353 |
| Frank C. Herringer | Director | 240,401 |
| Charles A. Ruffel | Director | 24,665 |
| John K. Adams Jr | Director | 50,711 |
| Joan Dea | Director | 28,440 |
| Christopher V. Dodds | Director | 456,323 |
| Arun Sarin | Director | 36,251 |
| Todd M. Ricketts | Director | 830,454 |
| Gerri Martin-Flickinger | Director | 14,222 |
| Bharat Masrani | Director | 7,279 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Walter W. Bettinger II | $18.76M | $27.23M | $7.30M | $201 | $231 |
| FY2024 Walter W. Bettinger II | $26.39M | $29.41M | $8.06M | $147 | $183 |
| FY2023 Walter W. Bettinger II | $23.87M | $4.17M | $8.20M | $135 | $143 |
| FY2022 Walter W. Bettinger II | $24.39M | $57.88M | $8.36M | $160 | $126 |
| FY2021 Walter W. Bettinger II | $21.94M | $41.63M | $9.12M | $160 | $140 |
| FY2020 Walter W. Bettinger II | $15.96M | $20.21M | $4.65M | $114 | $118 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Corporate history
Events identified from SEC filings