The Charles Schwab Corporation maintains industry-leading expense on client assets, or EOCA, now at 11 basis points, well below competitors after integrating Ameritrade. SCHW's organic asset growth from 2023–2025 was driven by strong markets and disciplined expense control, supporting robust operating leverage and margin resilience. SCHW management targets about 800 basis points of positive operating leverage for 2026.
Schwab CEO Rick Wurster is betting some money and investing needs require a human touch.
The Charles Schwab Corporation delivered robust Q3 results, with 18% top-line and 29% EPS growth, despite a slight revenue miss. SCHW's strong net new assets ($190B) and 1.2M new accounts highlight durable momentum and wide competitive moats. Management expects continued net interest margin expansion and operating leverage, supporting long-term compounding potential.
| Capital Markets Industry | Financials Sector | Richard Andrew Wurster CEO | XFRA Exchange | GB00BKT6VH21 ISIN |
| US Country | 33,000 Employees | 14 Aug 2026 Last Dividend | 31 May 2000 Last Split | 22 Sep 1987 IPO Date |
The Charles Schwab Corporation, established in 1971 and headquartered in Westlake, Texas, operates as a vital player in the financial services sector both within the United States and globally. As a savings and loan holding company, it primarily delivers a wide range of financial services including wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company caters to its diverse clientele through two main segments: Investor Services and Advisor Services, providing comprehensive financial solutions through both digital platforms and a network of branch offices.
These accounts offer access to trading in equity and fixed income, margin lending, options trading, futures and forex trading, coupled with cash management features like certificates of deposit.
The Charles Schwab Corporation provides access to third-party mutual funds through the Mutual Fund Marketplace and Mutual Fund OneSource service, including mutual fund trading and clearing services to broker-dealers.
ETFs are available for trading, offering investors a flexible option to invest in diversified asset classes.
This service includes managed portfolios, separately managed accounts, customized personal advice for tailored portfolios, specialized planning, and full-time portfolio management.
The company offers banking products such as checking and savings accounts, first lien residential real estate mortgage loans, home equity lines of credit, and pledged asset lines.
These services include trust custody, personal trust reporting, and administrative trustee services, catering to the needs of individuals requiring professional management and safekeeping of assets.
Schwab provides integrated web-, mobile-, and software-based trading platforms, real-time market data, options trading, premium research, and multi-channel access, along with self-service education and support tools, and online research and analysis tools.
They offer full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights, tailored to equity compensation plan sponsors.
This encompasses services designed to support the administration and management of retirement plans.
These services facilitate mutual fund clearing and provide advisor services, which include interactive tools and educational content, to help advisors better serve their clients.