The Charles Schwab Corporation's Stock Analysis

Charles Schwab Issues $1 Billion in Senior Notes Due 2029

The Charles Schwab Corporation issued $1 billion in Fixed-to-Floating Rate Senior Notes with a 4.603% interest rate, maturing in 2029. The net proceeds from this offering amounted to approximately $995.5 million after accounting for underwriting discounts and estimated expenses. This issuance was conducted under a Senior Indenture and supplemented by a Third Supplemental Indenture, with Citigroup Global Markets Inc. and Goldman Sachs & Co. LLC serving as underwriters.

The offering was made in accordance with a prospectus supplement filed with the Securities and Exchange Commission, and relevant documents related to the transaction have been incorporated by reference into the Registration Statement. Certain details in the filings have been omitted as they are considered private or confidential, and the company has complied with the reporting requirements under the Securities Exchange Act of 1934.

Jun 29, 2026 16:53:48

Charles Schwab Eliminates Series I Preferred Stock Effective June 2026

On June 1, 2026, The Charles Schwab Corporation filed a Certificate of Elimination regarding its 4.000% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series I. This action effectively removed all provisions related to the Series I Preferred Stock from the Company’s Fifth Restated Certificate of Incorporation.

The filing indicates that the elimination of the Series I Preferred Stock is now in effect as of the filing date. A copy of the Certificate of Elimination is included as an exhibit in the report, which is also referenced in the document.

Jun 01, 2026 17:00:25

Charles Schwab Annual Meeting Results and Board Declassification Vote

The Charles Schwab Corporation held its 2026 Annual Meeting of Stockholders on May 21, 2026, where all director nominees were elected with more votes in favor than against. Additionally, the stockholders approved the selection of Deloitte & Touche LLP as independent auditors for the 2026 fiscal year and the advisory vote on named executive officer compensation.

However, a proposal to amend the Certificate of Incorporation and Bylaws to declassify the Board did not pass, as it required an 80% affirmative vote from all outstanding shares and failed to achieve this threshold. The final voting results were documented as part of the meeting's proceedings.

May 22, 2026 16:30:19

Charles Schwab Issues $2.25 Billion in Senior Notes

The Charles Schwab Corporation issued $1 billion in 4.744% Fixed-to-Floating Rate Senior Notes due 2030 and $1.25 billion in 5.493% Fixed-to-Floating Rate Senior Notes due 2037, totaling $2.25 billion. The net proceeds from this offering were approximately $2.236 billion after expenses. This issuance was made under the Senior Indenture with The Bank of New York Mellon Trust Company as trustee, and the offering was conducted through an Underwriting Agreement with several major financial institutions as underwriters.

The Notes are part of a registration statement filed with the Securities and Exchange Commission. The offering was supported by a prospectus supplement and accompanying documents, which include various agreements and forms related to the issuance of the Notes. Certain confidential information has been omitted from the public filings, but it is noted that this omitted information is not considered material by the registrant.

May 21, 2026 16:38:54

Charles Schwab Issues 1.5 Million Preferred Shares Raising $1.48 Billion

The Charles Schwab Corporation issued 1,500,000 depositary shares, each representing a 1/100th ownership interest in a share of 6.100% fixed-rate reset non-cumulative perpetual preferred stock, Series L. The net proceeds from this offering amounted to approximately $1,480 million after accounting for underwriting discounts and expenses. The preferred stock comes with specific rights and restrictions, particularly concerning dividend payments and the ability to repurchase or redeem other stock if dividends are not declared or paid on time.

In connection with this offering, Schwab entered into an Underwriting Agreement with several financial institutions, including Citigroup and Goldman Sachs, outlining the terms and conditions of the sale. The agreement includes representations and warranties, conditions for closing, and indemnification provisions for the underwriters against certain liabilities. The offering was conducted under a prospectus supplement and is part of Schwab's ongoing capital management strategy.

Apr 22, 2026 17:10:42

Charles Schwab Reports Q1 2026 Financial Results and Highlights

The Charles Schwab Corporation announced a net income of $2.5 billion for the first quarter of 2026, translating to earnings per share of $1.37. Adjusted figures, excluding transaction-related costs, showed net income of $2.6 billion and earnings per share of $1.43. The company's total client assets grew by 19% year-over-year to $11.77 trillion, with core net new assets totaling $140 billion, despite a planned outflow of $17.5 billion. Brokerage account openings reached 1.3 million, bringing total active brokerage accounts to 39.1 million.

Financially, Schwab reported record quarterly net revenues of $6.5 billion, a 16% increase from the previous year. The net interest margin was 2.88%, and client cash balances increased to $461.5 billion. The firm also increased its quarterly common stock dividend by 19% to $0.32 per share and repurchased 24.3 million shares for $2.4 billion during the quarter. Notably, Schwab was ranked as the #1 Overall Broker by StockBrokers.com for the second consecutive year.

Apr 16, 2026 16:17:45

Charles Schwab Completes Acquisition of Forge Global Holdings

The Charles Schwab Corporation has finalized its acquisition of Forge Global Holdings, Inc., a company that provides investors with access to shares of pre-IPO companies. This acquisition aims to enhance Schwab's offerings in private markets, allowing individual investors and Registered Investment Advisors (RIAs) to participate in the growth of private companies. The transaction was approved by both companies' Boards of Directors, with Forge's shareholders receiving $45 cash per share.

Integration efforts are currently underway, and Forge will continue to operate independently while Schwab plans to gradually introduce Forge's products to a broader audience. As of now, Charles Schwab manages approximately 38 million active brokerage accounts and holds $11.59 trillion in client assets, providing a comprehensive range of financial services including wealth management and investment advice.

Mar 02, 2026 09:06:05

Charles Schwab Announces Key Executive Leadership Changes

The Charles Schwab Corporation has appointed Dennis Howard as Managing Director, Chief Technology, Operations and Data Officer, effective immediately. Howard, who has been with the company since 2014 and served as Chief Information Officer since 2022, will oversee the new Technology, Operations, and Data organization. This appointment is part of a broader executive transition that includes planned retirements of Paul Woolway, CEO of Charles Schwab Bank, and Mitch Mantua, General Auditor, both effective July 1, 2026.

Tyler Woulfe will succeed Woolway as President and CEO of Charles Schwab Bank, while Jessica Bramhall will take over as General Auditor. Additionally, Neesha Hathi will lead a newly formed Wealth Advisory and Banking Services organization, which will integrate responsibilities for Charles Schwab Bank. These leadership changes aim to enhance the company’s focus on individual investors and advisors, reflecting its commitment to delivering comprehensive financial services.

Jan 29, 2026 16:15:46

Charles Schwab Reports Fourth Quarter Financial Results for 2025

The Charles Schwab Corporation reported a net income of $2.5 billion, or $1.33 per share, for the fourth quarter of 2025. Adjusted net income was $2.6 billion, translating to $1.39 per share after excluding transaction-related costs. The company achieved a record total client assets of $11.90 trillion, an 18% increase year-over-year, and gathered $519.4 billion in net new assets for the year, a 42% rise compared to 2024. Active brokerage accounts reached 38.5 million, with over 1 million new accounts opened for the fifth consecutive quarter.

In terms of revenue, Schwab's quarterly net revenues increased by 19% year-over-year to $6.3 billion, driven by a 22% rise in trading revenue and a 15% increase in asset management and administration fees. The net interest margin stood at 2.90%, reflecting a 57 basis points expansion from the previous year. The company repurchased 29.2 million shares for $2.7 billion during the quarter, and maintained strong capital ratios, with a preliminary consolidated Tier 1 Leverage ratio of 9.3%.

Jan 21, 2026 16:16:52

Charles Schwab Issues $2 Billion in Senior Notes

The Charles Schwab Corporation issued a total of $2 billion in Fixed-to-Floating Rate Senior Notes, with $1 billion due in 2031 at a rate of 4.343% and another $1 billion due in 2036 at a rate of 4.914%. The net proceeds from this offering amounted to approximately $1.986 billion after accounting for underwriting discounts and expenses.

The issuance is governed by a Senior Indenture and a First Supplemental Indenture, both dated November 14, 2025. The offering was made through an Underwriting Agreement with major financial institutions, including BofA Securities and Goldman Sachs. Relevant documentation related to the Notes has been filed with the Securities and Exchange Commission.

Nov 14, 2025 17:02:29