Form 8-K

8-K — SCHWAB CHARLES CORP

Accession: 0000316709-26-000016

Filed: 2026-04-16

Period: 2026-04-16

CIK: 0000316709

SIC: 6211 (SECURITY BROKERS, DEALERS & FLOTATION COMPANIES)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — schw-20260416.htm (Primary)

EX-99.1 (a1q26exhibit991.htm)

GRAPHIC (cslogoa03a.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: schw-20260416.htm · Sequence: 1

schw-20260416

SCHWAB CHARLES CORPfalse000031670900003167092026-04-162026-04-160000316709us-gaap:CommonStockMember2026-04-162026-04-160000316709us-gaap:SeriesDPreferredStockMember2026-04-162026-04-160000316709schw:SeriesJPreferredStockMember2026-04-162026-04-16

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (date of earliest event reported): April 16, 2026

The Charles Schwab Corporation

(Exact name of registrant as specified in its charter)

Commission File Number: 1-9700

Delaware

94-3025021

(State or other jurisdiction of incorporation or organization)

(I.R.S. Employer Identification No.)

3000 Schwab Way, Westlake, TX 76262

(Address of principal executive offices, including zip code)

(817) 859-5000

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered

Common Stock – $.01 par value per share SCHW New York Stock Exchange

Depositary Shares, each representing a 1/40th ownership interest in a share of 5.95% Non-Cumulative Preferred Stock, Series D SCHW PrD New York Stock Exchange

Depositary Shares, each representing a 1/40th ownership interest in a share of 4.450% Non-Cumulative Preferred Stock, Series J SCHW PrJ New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition

On April 16, 2026, The Charles Schwab Corporation issued a press release announcing its financial results for the quarter ended March 31, 2026. A copy of the press release is furnished as Exhibit 99.1 to this report.

Item 9.01 Financial Statements and Exhibits

(d)

Exhibits

Exhibit No. Description

99.1

Press Release dated April 16, 2026

104 Cover Page Interactive Data File – the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.

Signature(s)

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

THE CHARLES SCHWAB CORPORATION

Date: April 16, 2026 By:

/s/ Michael Verdeschi

Michael Verdeschi

Managing Director and Chief Financial Officer

EX-99.1

Filename: a1q26exhibit991.htm · Sequence: 2

Document

Exhibit 99.1

CLIENT GROWTH & ENGAGEMENT DRIVE RECORD SCHWAB 1Q RESULTS

March Core Net New Assets Equal $79.7 Billion, Second Highest Month Ever

Robust Engagement Drove 1Q Net Revenues to a Record $6.5 Billion, Up 16% Year-Over-Year

Record GAAP Earnings Per Share of $1.37; $1.43 Adjusted (1) – up 38% versus 1Q25

WESTLAKE, Texas, April 16, 2026 – The Charles Schwab Corporation reported net income for the first quarter totaling $2.5 billion, or earnings per share of $1.37. Excluding $143 million of pre-tax transaction-related costs, adjusted (1) net income and earnings per share equaled $2.6 billion and $1.43, respectively.

Client Driven

Growth

$140B

1Q26 Core

Net New Assets

“Schwab’s strong business momentum continued into 2026 as investors opened 1.3 million new brokerage accounts and brought $140 billion

of core net new assets to the firm during the first quarter. Excluding a

planned mutual fund clearing deconversion, asset gathering totaled

$158 billion – an annualized growth rate of 5.4%.”

President & CEO Rick Wurster

Deepen Client Relationships

46%

1Q26 Managed Investing

Net Flows Growth

“Clients continue to turn to us for more of their financial lives, helping wealth and banking solutions reach record levels in 1Q. Led by Schwab Wealth AdvisoryTM, Managed Investing net flows grew 46% year-over-year while bank loans expanded 29% versus 1Q25 to $60.9 billion.”

President & CEO Rick Wurster

Diversified Revenue Growth

16%

1Q26 Revenue

Growth vs. 1Q25

“Schwab’s diversified model delivered record results within an increasingly uncertain macroeconomic environment. Driven by robust client engagement across our wealth, trading, and lending solutions, total first quarter revenue increased 16% year-over-year to $6.5 billion.”

CFO Mike Verdeschi

Opportunistic Capital Return

$2.4B

1Q26 Common

Stock Repurchases

“During 1Q26, the company repurchased 24.3 million shares for $2.4 billion and increased its common stock dividend by 19%. These actions reflect Schwab’s strong capital position as well as the sustained performance of the firm’s through-the-cycle financial model.”

CFO Mike Verdeschi

1Q26 Client and Business Highlights

•Total client assets increased 19% year-over-year to $11.77 trillion

•Core net new assets totaled $140.0 billion, including a $17.5 billion outflow from a planned mutual fund clearing client deconversion; excluding this planned item, core net new assets for the quarter equaled $157.5 billion

•New brokerage account openings equaled 1.3 million, pushing active brokerage accounts and total client accounts to 39.1 million and 47.2 million, respectively

•Managed Investing Solutions net flows grew 46% versus 1Q25

•Bank loan balances equaled $60.9 billion at March month-end, up 29% year-over-year

•Margin loan balances increased 13% versus year-end 2025 to end the quarter at $126.7 billion – including $21.3 billion related to long/short strategies implemented by RIA clients (2)

•Daily average trading volume reached a record 9.9 million – up 34% versus 1Q25

•Launched the Schwab Teen InvestorTM Account, a unique and hands-on investing experience for young people ages 13–17

•Closed Forge Global acquisition in early March

•Schwab ranked #1 Overall Broker by StockBrokers.com, 2 years in a row (3)

- 1 -

Three Months Ended

March 31, %

Financial Highlights 2026 2025 Change

Net revenues (in millions) $ 6,482 $ 5,599 16%

Net income (in millions)

GAAP $ 2,479 $ 1,909 30%

Adjusted $ 2,588 $ 2,008 29%

Diluted earnings per common share

GAAP $ 1.37 $ .99 38%

Adjusted $ 1.43 $ 1.04 38%

Pre-tax profit margin

GAAP 49.2 % 43.8 %

Adjusted 51.4 % 46.2 %

Return on average common

stockholders’ equity (annualized) 23 % 18 %

Return on tangible

common equity (annualized) 40 % 35 %

Note: Items labeled “adjusted” are non-GAAP financial measures; further details are included on pages 10-12 of this release. All per-share results are rounded to the nearest cent, based on weighted-average diluted common shares outstanding.

1Q26 Financial Commentary

•Quarterly net revenues grew year-over-year by 16% to a record $6.5 billion

•Net interest margin for the quarter was 2.88%

•Client transactional sweep cash balances ended March at $461.5 billion, an increase of $7.8 billion versus the prior quarter-end, reflecting seasonality, organic growth, and client asset allocation decisions

•Average interest-earning assets for the quarter equaled $437.7 billion, up 2% versus 1Q25

•Asset management and administration fees grew by 15% year-over-year to $1.8 billion, powered by the firm’s organic growth and investors’ utilization of our wealth and asset management solutions

•Trading revenue increased 20% versus 1Q25 due to record engagement

•GAAP expenses for the quarter increased 5% year-over-year; excluding acquisition and integration-related costs and the amortization of acquired intangibles of $143 million, adjusted total expenses (1) were up 5% relative to 1Q25

•Capital ratios across the firm remained strong – including preliminary consolidated Tier 1 Leverage and adjusted Tier 1 Leverage (1) equaling 8.9% and 6.8%, respectively

•Increased the quarterly common stock dividend by 19% to $.32 per share

•Repurchased 24.3 million shares of our common stock for $2.4 billion during the quarter

(1) Further details on non-GAAP financial measures and a reconciliation of such measures to GAAP reported results are included on pages 10-12 of this release.

(2) Client margin loans and short credits related to certain long/short strategies utilized by RIAs are excluded from interest-earning assets and company funding sources.

(3) The StockBrokers.com 2026 Annual Awards (https://www.stockbrokers.com/annual-awards-2026) were announced on January 27, 2026. Criteria, testing methodologies, and rankings were determined by StockBrokers.com. Companies were assessed across StockBrokers.com’s 7 Primary Categories: Range of Investments, Advanced Trading, Mobile Trading Apps, Research, Education, Ease of Use, and Overall.

Spring Business Update

The company will host its Spring Business Update for institutional investors this morning from 7:30 a.m. - 8:30 a.m. CT, 8:30 a.m. - 9:30 a.m. ET.

Registration for this Update webcast is accessible at https://www.aboutschwab.com/schwabevents.

- 2 -

Forward-Looking Statements

This press release contains forward-looking statements relating to the company’s business momentum, client relationships, capital position, and through-the-cycle financial model. These forward-looking statements reflect management’s expectations as of the date hereof. Achievement of these expectations and objectives is subject to risks and uncertainties that could cause actual results to differ materially from the expressed expectations. Important factors that may cause such differences are described in the company’s most recent reports on Form 10-K and Form 10-Q, which have been filed with the Securities and Exchange Commission and are available on the company’s website (https://www.aboutschwab.com/financial-reports) and on the Securities and Exchange Commission’s website (https://www.sec.gov). The company makes no commitment to update any forward-looking statements.

About Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with 39.1 million active brokerage accounts, 5.8 million workplace plan participant accounts, 2.3 million banking accounts, and $11.77 trillion in client assets. Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, https://www.sipc.org), and its affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent, fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor ServicesTM. Its primary banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at https://www.aboutschwab.com.

Contact Information

MEDIA

Mayura Hooper, 415-667-1525

public.relations@schwab.com

INVESTORS/ANALYSTS

Jeff Edwards, 817-854-6177

investor.relations@schwab.com

- 3 -

THE CHARLES SCHWAB CORPORATION

Consolidated Statements of Income

(In millions, except per share amounts)

(Unaudited)

Three Months Ended

March 31,

2026 2025

Net Revenues

Interest revenue $ 3,962 $ 3,757

Interest expense (818) (1,051)

Net interest revenue 3,144 2,706

Asset management and administration fees

1,759 1,530

Trading revenue 1,089 908

Bank deposit account fees 295 245

Other 195 210

Total net revenues 6,482 5,599

Expenses Excluding Interest

Compensation and benefits 1,812 1,672

Professional services 303 269

Occupancy and equipment 285 274

Advertising and market development 101 96

Communications 163 153

Depreciation and amortization 201 217

Amortization of acquired intangible assets 132 130

Regulatory fees and assessments 75 89

Other 222 244

Total expenses excluding interest 3,294 3,144

Income before taxes on income 3,188 2,455

Taxes on income 709 546

Net Income 2,479 1,909

Preferred stock dividends and other 82 113

Net Income Available to Common Stockholders $ 2,397 $ 1,796

Weighted-Average Common Shares Outstanding:

Basic 1,746 1,817

Diluted 1,752 1,822

Earnings Per Common Shares Outstanding:

Basic $ 1.37 $ .99

Diluted $ 1.37 $ .99

- 4 -

THE CHARLES SCHWAB CORPORATION

Financial and Operating Highlights

(Unaudited)

Q1-26 % change

2026 2025

vs. vs. First Fourth Third Second First

(In millions, except per share amounts and as noted) Q1-25 Q4-25 Quarter Quarter Quarter Quarter Quarter

Net Revenues

Net interest revenue 16 % (1) % $ 3,144 $ 3,172 $ 3,050 $ 2,822 $ 2,706

Asset management and administration fees 15 % 2 % 1,759 1,733 1,673 1,570 1,530

Trading revenue 20 % 2 % 1,089 1,066 995 952 908

Bank deposit account fees 20 % 24 % 295 238 247 247 245

Other (7) % 54 % 195 127 170 260 210

Total net revenues 16 % 2 % 6,482 6,336 6,135 5,851 5,599

Expenses Excluding Interest

Compensation and benefits 8 % 11 % 1,812 1,630 1,653 1,536 1,672

Professional services 13 % (12) % 303 344 293 291 269

Occupancy and equipment 4 % (3) % 285 293 280 270 274

Advertising and market development 5 % (12) % 101 115 101 108 96

Communications 7 % 15 % 163 142 149 176 153

Depreciation and amortization (7) % (2) % 201 206 212 215 217

Amortization of acquired intangible assets 2 % 4 % 132 127 127 128 130

Regulatory fees and assessments (16) % 21 % 75 62 59 77 89

Other (9) % (6) % 222 237 240 247 244

Total expenses excluding interest 5 % 4 % 3,294 3,156 3,114 3,048 3,144

Income before taxes on income 30 % — 3,188 3,180 3,021 2,803 2,455

Taxes on income 30 % (2) % 709 721 663 677 546

Net Income 30 % 1 % 2,479 2,459 2,358 2,126 1,909

Preferred stock dividends and other (27) % (11) % 82 92 81 149 113

Net Income Available to Common Stockholders 33 % 1 % $ 2,397 $ 2,367 $ 2,277 $ 1,977 $ 1,796

Earnings per common share:

Basic 38 % 2 % $ 1.37 $ 1.34 $ 1.26 $ 1.09 $ .99

Diluted 38 % 3 % $ 1.37 $ 1.33 $ 1.26 $ 1.08 $ .99

Dividends declared per common share 19 % 19 % $ .32 $ .27 $ .27 $ .27 $ .27

Weighted-average common shares outstanding:

Basic (4) % (1) % 1,746 1,772 1,806 1,817 1,817

Diluted (4) % (1) % 1,752 1,777 1,811 1,822 1,822

Performance Measures

Pre-tax profit margin 49.2 % 50.2 % 49.2 % 47.9 % 43.8 %

Return on average common stockholders’ equity (annualized) (1)

23 % 22 % 21 % 19 % 18 %

Financial Condition (at quarter end, in billions)

Cash and cash equivalents 29 % (2) % $ 45.0 $ 46.0 $ 30.6 $ 32.2 $ 35.0

Cash and investments segregated 4 % (7) % 39.8 42.9 47.8 45.6 38.4

Receivables from brokers, dealers, and clearing organizations N/M 64 % 11.8 7.2 4.7 4.3 2.9

Receivables from brokerage clients — net 26 % 1 % 106.2 104.7 93.8 82.8 84.4

Available for sale securities (18) % (2) % 61.1 62.4 62.3 67.6 74.8

Held to maturity securities (8) % (2) % 131.7 134.0 136.7 139.7 143.8

Bank loans — net 29 % 5 % 60.9 58.0 53.6 50.4 47.1

Total assets 7 % — 493.3 491.0 465.3 458.9 462.9

Bank deposits 3 % (1) % 253.0 255.7 239.1 233.1 246.2

Payables to brokers, dealers, and clearing organizations 79 % 9 % 28.1 25.7 22.4 18.6 15.7

Payables to brokerage clients 17 % 1 % 118.0 116.3 115.4 109.4 100.6

Accrued expenses and other liabilities 9 % (6) % 12.0 12.8 11.4 10.8 11.0

Other short-term borrowings 81 % 81 % 12.5 6.9 6.5 8.5 6.9

Federal Home Loan Bank borrowings (100) % (100) % — 1.9 0.9 9.0 11.5

Long-term debt (5) % (8) % 20.5 22.2 20.2 20.2 21.5

Total liabilities 7 % 1 % 444.1 441.6 415.9 409.5 413.4

Stockholders’ equity (1) % — 49.2 49.4 49.4 49.5 49.5

Total liabilities and stockholders’ equity 7 % — 493.3 491.0 465.3 458.9 462.9

Other

Full-time equivalent employees (at quarter end, in thousands) 4 % 2 % 33.5 33.0 32.7 32.6 32.1

Capital expenditures — purchases of equipment, office facilities, and property,

net (in millions) 11 % 9 % $ 173 $ 158 $ 152 $ 136 $ 156

Expenses excluding interest as a percentage of average client assets (annualized) 0.11 % 0.11 % 0.11 % 0.12 % 0.12 %

Clients’ Daily Average Trades (DATs) (in thousands)

34 % 20 % 9,899 8,274 7,421 7,571 7,391

Number of Trading Days 2 % (3) % 61.0 63.0 63.5 62.0 60.0

Revenue Per Trade (2)

(12) % (12) % $ 1.80 $ 2.05 $ 2.11 $ 2.03 $ 2.05

(1) Return on average common stockholders’ equity is calculated using net income available to common stockholders divided by average common stockholders’ equity.

(2) Revenue per trade is calculated as trading revenue divided by the product of DATs and the number of trading days.

N/M Not meaningful. Percentage changes greater than 200% are presented as not meaningful.

- 5 -

THE CHARLES SCHWAB CORPORATION

Net Interest Revenue Information

(In millions, except ratios or as noted)

(Unaudited)

Three Months Ended

March 31,

2026 2025

Average

Balance Interest

Revenue/

Expense Average

Yield/

Rate Average

Balance Interest

Revenue/

Expense Average

Yield/

Rate

Interest-earning assets

Cash and cash equivalents $ 32,477 $ 288 3.56 % $ 30,483 $ 328 4.31 %

Cash and investments segregated 43,946 397 3.61 % 38,611 412 4.27 %

Receivables from brokerage clients (1)

104,520 1,499 5.74 % 82,902 1,379 6.65 %

Available for sale securities (2)

65,255 326 2.00 % 84,590 433 2.05 %

Held to maturity securities (2)

132,192 567 1.72 % 144,401 622 1.72 %

Bank loans 59,285 627 4.27 % 46,043 493 4.32 %

Total interest-earning assets 437,675 3,704 3.39 % 427,030 3,667 3.44 %

Securities lending revenue 91 60

Other interest revenue (1)

167 30

Total interest-earning assets $ 437,675 $ 3,962 3.63 % $ 427,030 $ 3,757 3.52 %

Funding sources

Bank deposits $ 242,679 $ 118 0.20 % $ 245,719 $ 436 0.72 %

Payables to brokers, dealers, and clearing organizations 25,508 217 3.40 % 14,177 137 3.88 %

Payables to brokerage clients (1)

105,095 56 0.22 % 90,173 49 0.22 %

Other short-term borrowings 9,103 92 4.07 % 6,695 82 4.96 %

Federal Home Loan Bank borrowings 1,277 12 3.85 % 10,725 133 4.94 %

Long-term debt 21,702 201 3.71 % 22,281 212 3.81 %

Total interest-bearing liabilities 405,364 696 0.69 % 389,770 1,049 1.08 %

Non-interest-bearing funding sources 32,311 37,260

Other interest expense (1)

122 2

Total funding sources $ 437,675 $ 818 0.75 % $ 427,030 $ 1,051 0.99 %

Net interest revenue $ 3,144 2.88 % $ 2,706 2.53 %

(1) Beginning in the fourth quarter of 2025, average balances of client margin loans and short credits related to certain client long/short strategies from which the Company earns a fixed net yield are excluded from interest-earning assets and funding sources. Prior period amounts and average yields have been reclassified and recalculated to reflect this change. Average margin loans related to these client strategies totaled $14.1 billion and $235 million for the three months ended March 31, 2026 and 2025, respectively. Average short credits related to these client strategies totaled $14.4 billion and $237 million for the three months ended March 31, 2026 and 2025, respectively. Interest revenue and expense related to these client strategies are presented in other interest revenue and other interest expense, respectively.

(2) Amounts have been calculated based on amortized cost.

- 6 -

THE CHARLES SCHWAB CORPORATION

Asset Management and Administration Fees Information

(In millions, except ratios or as noted)

(Unaudited)

Three Months Ended

March 31,

2026 2025

Average

Client

Assets Revenue Average

Fee Average

Client

Assets Revenue Average

Fee

Schwab money market funds $ 696,558 $ 468 0.27 % $ 621,474 $ 418 0.27 %

Schwab equity and bond funds, exchange-traded

funds (ETFs), and collective trust funds (CTFs) 818,316 146 0.07 % 658,588 122 0.08 %

Mutual Fund OneSource ® and other no-transaction-

fee funds (NTFs)

468,101 262 0.23 % 359,696 222 0.25 %

Other third-party mutual funds, ETFs, and alternatives (1)

665,887 115 0.07 % 642,852 116 0.07 %

Total mutual funds, ETFs, CTFs, and alternatives (1,2)

$ 2,648,862 $ 991 0.15 % $ 2,282,610 $ 878 0.16 %

Managed investing solutions (2)

Fee-based $ 727,883 $ 674 0.38 % $ 590,483 $ 569 0.39 %

Non-fee-based 145,628 — — 120,442 — —

Total managed investing solutions $ 873,511 $ 674 0.31 % $ 710,925 $ 569 0.32 %

Other balance-based fees (1,3)

963,502 69 0.03 % 822,350 64 0.03 %

Other (4)

25 19

Total asset management and administration fees $ 1,759 $ 1,530

(1) Beginning in the first quarter of 2026, alternative investments and related revenue were moved from other balance-based fees to other third-party mutual funds, ETFs, and alternatives. Prior period amounts and average fees have been reclassified and recalculated to reflect this change.

(2) Managed investing solutions includes managed portfolios, specialized strategies, and customized investment advice such as Schwab Wealth AdvisoryTM, Schwab Managed PortfoliosTM, Managed Account Select®, Schwab Advisor Network®, Windhaven Strategies®, ThomasPartners® Strategies, Wasmer Schroeder StrategiesTM, Schwab Index Advantage advised retirement plan balances, Schwab Intelligent Portfolios®, Institutional Intelligent Portfolios®, Schwab Intelligent Portfolios Premium®, Schwab Wealth Portfolios™, AdvisorDirect®, Essential Portfolios, Selective Portfolios, and Personalized Portfolios; as well as legacy non-fee managed investing solutions including Schwab Advisor Source and certain retirement plan balances. Average client assets for managed investing solutions may also include the asset balances contained in the mutual fund and/or ETF categories listed above. For the total end of period view, please see the Monthly Activity Report.

(3) Includes various asset-related fees, such as trust fees, 401(k) recordkeeping fees, and mutual fund clearing fees and other service fees.

(4) Includes miscellaneous service and transaction fees relating to mutual funds and ETFs that are not balance-based.

- 7 -

THE CHARLES SCHWAB CORPORATION

Growth in Client Assets and Accounts

(Unaudited)

Q1-26 % Change 2026 2025

vs. vs. First Fourth Third Second First

(In billions, at quarter end, except as noted) Q1-25 Q4-25 Quarter Quarter Quarter Quarter Quarter

Assets in client accounts

Schwab One®, certain cash equivalents, and bank deposits

13 % 3 % $ 390.5 $ 379.5 $ 357.1 $ 342.7 $ 345.2

Bank deposit account balances (12) % (4) % 73.5 76.2 78.5 82.1 83.7

Proprietary mutual funds (Schwab Funds® and Laudus Funds®) and CTFs

Money market funds 9 % 1 % 700.8 693.8 666.4 653.5 641.5

Equity and bond funds and CTFs (1)

20 % (2) % 271.8 277.4 269.7 249.7 227.0

Total proprietary mutual funds and CTFs 12 % — 972.6 971.2 936.1 903.2 868.5

Mutual Fund Marketplace® (2)

Mutual Fund OneSource® and other NTF funds

30 % (2) % 443.3 454.2 473.5 453.9 340.3

Mutual fund clearing services 11 % (5) % 311.1 327.7 320.2 298.3 280.6

Other third-party mutual funds 6 % (1) % 1,263.7 1,274.3 1,237.2 1,168.5 1,195.4

Total Mutual Fund Marketplace 11 % (2) % 2,018.1 2,056.2 2,030.9 1,920.7 1,816.3

Total mutual fund assets 11 % (1) % 2,990.7 3,027.4 2,967.0 2,823.9 2,684.8

Exchange-traded funds

Proprietary ETFs (1)

29 % 3 % 512.6 495.3 476.0 439.7 398.2

Other third-party ETFs 32 % 2 % 2,579.8 2,527.5 2,395.7 2,175.6 1,960.1

Total ETF assets 31 % 2 % 3,092.4 3,022.8 2,871.7 2,615.3 2,358.3

Equity and other securities 21 % (3) % 4,566.9 4,722.6 4,624.7 4,188.7 3,765.5

Fixed income securities 1 % (1) % 780.6 786.8 792.1 788.0 775.8

Margin loans outstanding 52 % 13 % (126.7) (112.3) (97.2) (83.4) (83.6)

Total client assets 19 % (1) % $ 11,767.9 $ 11,903.0 $ 11,593.9 $ 10,757.3 $ 9,929.7

Client assets by business

Investor Services (3)

18 % (2) % $ 6,566.4 $ 6,707.5 $ 6,577.2 $ 6,069.9 $ 5,557.4

Advisor Services 19 % — 5,201.5 5,195.5 5,016.7 4,687.4 4,372.3

Total client assets 19 % (1) % $ 11,767.9 $ 11,903.0 $ 11,593.9 $ 10,757.3 $ 9,929.7

Net growth in assets in client accounts (for the quarter ended)

Net new assets by business

Investor Services (3)

(22) % (10) % $ 54.1 $ 60.4 $ 52.7 $ 31.2 $ 69.5

Advisor Services 36 % (12) % 85.8 97.8 81.7 42.4 62.9

Total net new assets 6 % (12) % $ 139.9 $ 158.2 $ 134.4 $ 73.6 $ 132.4

Net market gains (losses) (275.0) 150.9 702.2 754.0 (304.0)

Net growth (decline) $ (135.1) $ 309.1 $ 836.6 $ 827.6 $ (171.6)

New brokerage accounts (in thousands, for the quarter ended) 10 % 2 % 1,299 1,268 1,143 1,098 1,183

Client accounts (in thousands)

Active brokerage accounts 6 % 2 % 39,099 38,506 37,963 37,476 37,011

Banking accounts 11 % 3 % 2,281 2,214 2,150 2,096 2,050

Workplace Plan Participant Accounts (4)

6 % 2 % 5,844 5,740 5,619 5,586 5,495

(1) Includes balances held on and off the Schwab platform. As of March 31, 2026, off-platform equity and bond funds, CTFs, and ETFs were $46.5 billion, $4.5 billion, and $187.2 billion, respectively.

(2) Excludes all proprietary mutual funds and ETFs.

(3) First quarter of 2026 includes net outflows of $0.1 billion from off-platform Schwab Bank Retail CDs. Fourth quarter of 2025 includes net outflows of $5.7 billion from off-platform Schwab Bank Retail CDs. Third quarter of 2025 includes net outflows of $3.1 billion from off-platform Schwab Bank Retail CDs. Second quarter of 2025 includes net outflows of $6.7 billion from off-platform Schwab Bank Retail CDs. First quarter of 2025 includes net outflows of $5.3 billion from off-platform Schwab Bank Retail CDs.

(4) Includes Retirement Plan Services, Stock Plan Services, Designated Brokerage Services, and Retirement Business Services. Participants may be enrolled in services in more than one Workplace business.

- 8 -

The Charles Schwab Corporation Monthly Activity Report For March 2026

2025

2026 Change

Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Mo. Yr.

Number of Trading Days 21.0 21.0 21.0 20.0 21.5 21.0 21.0 23.0 18.5 21.5 20.0 19.0 22.0

Market Indices (at month end)

Dow Jones Industrial Average®

42,002 40,669 42,270 44,095 44,131 45,545 46,398 47,563 47,716 48,063 48,892 48,978 46,342 (5)% 10%

Nasdaq Composite®

17,299 17,446 19,114 20,370 21,122 21,456 22,660 23,725 23,366 23,242 23,462 22,668 21,591 (5)% 25%

Standard & Poor’s® 500

5,612 5,569 5,912 6,205 6,339 6,460 6,688 6,840 6,849 6,846 6,939 6,879 6,529 (5)% 16%

Client Assets (in billions of dollars)

Beginning Client Assets 10,280.2 9,929.7 9,892.2 10,349.0 10,757.3 10,963.5 11,228.1 11,593.9 11,828.0 11,834.3 11,903.0 12,148.5 12,220.3

Net New Assets (1)

55.3 1.1 33.6 38.9 45.7 43.3 45.4 41.6 38.7 77.9 27.6 32.5 79.8 146% 44%

Net Market Gains (Losses) (405.8) (38.6) 423.2 369.4 160.5 221.3 320.4 192.5 (32.4) (9.2) 217.9 39.3 (532.2)

Total Client Assets (at month end) 9,929.7 9,892.2 10,349.0 10,757.3 10,963.5 11,228.1 11,593.9 11,828.0 11,834.3 11,903.0 12,148.5 12,220.3 11,767.9 (4)% 19%

Core Net New Assets (1,2)

59.1 2.7 35.0 42.6 46.9 44.4 46.2 44.4 40.4 79.1 27.8 32.5 79.7 145% 35%

Receiving Ongoing Advisory Services (at month end)

Investor Services 688.8 688.2 711.2 737.6 747.9 771.1 792.5 807.6 817.9 824.8 849.5 866.8 841.3 (3)% 22%

Advisor Services 4,372.3 4,353.0 4,525.6 4,687.4 4,765.1 4,888.2 5,016.7 5,106.1 5,155.9 5,195.5 5,311.7 5,394.3 5,201.5 (4)% 19%

Client Accounts (at month end, in thousands)

Active Brokerage Accounts 37,011 37,254 37,375 37,476 37,658 37,798 37,963 38,145 38,266 38,506 38,730 38,925 39,099 — 6%

Banking Accounts 2,050 2,066 2,077 2,096 2,116 2,137 2,150 2,172 2,189 2,214 2,239 2,258 2,281 1% 11%

Workplace Plan Participant Accounts (3)

5,495 5,518 5,563 5,586 5,619 5,606 5,619 5,696 5,730 5,740 5,793 5,829 5,844 — 6%

Client Activity

New Brokerage Accounts (in thousands) 388 439 336 323 377 382 384 429 365 474 476 395 428 8% 10%

Client Daily Average Trades (DATs) (in

thousands) 7,365 8,362 7,184 7,147 7,252 7,182 7,832 8,617 8,459 7,746 9,512 9,922 10,232 3% 39%

Derivative Trades as a Percentage of Total

Trades 19.5 % 18.4 % 21.0 % 20.8 % 21.3 % 22.5 % 22.3 % 23.8 % 21.7 % 21.4 % 20.1 % 20.1 % 20.4 % 30 bp 90 bp

Margin Balances at month end (in billions of

dollars) 83.6 76.2 81.3 83.4 88.3 92.4 97.2 105.6 110.1 112.3 116.3 120.6 126.7 5% 52%

Schwab Trading Activity IndexTM (STAX) (4)

48.4 41.2 39.7 40.7 41.8 43.7 46.1 48.1 48.8 48.5 50.0 57.3 56.0 (2)% 16%

Selected Balances (in billions of dollars)

Average Interest-Earning Assets (5)

424.9 430.4 418.7 416.5 416.7 414.4 419.8 428.3 429.1 436.0 441.7 434.2 436.8 1% 3%

Transactional Sweep Cash (6) (at month end)

407.8 403.3 398.1 412.1 407.5 406.7 425.6 428.8 427.5 453.7 433.3 436.1 461.5 6% 13%

Total Money Market Funds (at month end) 641.9 637.8 645.8 653.9 658.6 665.2 667.0 675.5 685.9 694.5 693.4 696.2 702.2 1% 9%

Client Cash as a Percentage of Client Assets (7)

10.6 % 10.5 % 10.1 % 9.9 % 9.7 % 9.5 % 9.4 % 9.3 % 9.4 % 9.7 % 9.3 % 9.3 % 9.9 % 60 bp (70) bp

Net Buy (Sell) Activity (in billions of dollars) (8)

Mutual Funds (8.5) (14.0) (3.2) (5.4) (3.4) (2.2) (4.8) (6.3) (7.3) (3.6) (0.9) (2.4) (8.5)

Exchange-Traded Funds (ETFs) 18.2 18.8 21.9 19.4 25.8 23.0 25.6 28.1 24.9 39.8 34.8 37.4 25.3

(1) Unless otherwise noted, differences between net new assets and core net new assets are net flows from off-platform Schwab Bank Retail CDs.

(2) Net new assets before significant one-time inflows or outflows, such as acquisitions/divestitures or extraordinary flows (generally greater than $25 billion) relating to a specific client, and activity from off-platform Schwab Bank Retail CDs. These flows may span multiple reporting periods.

(3) Includes Retirement Plan Services, Stock Plan Services, Designated Brokerage Services, and Retirement Business Services. Participants may be enrolled in services in more than one Workplace business.

(4) For additional information regarding STAX, please visit: https://www.schwab.com/investment-research/stax/view-schwab-trading-activity-index.

(5) Represents average total interest-earning assets on the Company’s balance sheet. Beginning in December 2025, average balances of client margin loans and short credits related to certain client long/short strategies from which the Company earns a fixed net yield are excluded from average interest-earning assets. Prior period amounts have been adjusted accordingly.

(6) Transactional sweep cash includes bank sweep deposits, broker-dealer cash balances, other client cash held on the balance sheet (such as bank checking and savings deposits, short credits related to certain client long/short strategies, and broker-dealer non-interest-bearing credits), and bank deposit account balances; excludes proprietary and third-party CDs.

(7) Schwab One®, certain cash equivalents, bank deposits, third-party bank deposit accounts, and money market fund balances as a percentage of total client assets; client cash excludes brokered CDs issued by Charles Schwab Bank.

(8) Represents the principal value of client mutual fund and ETF transactions handled by Schwab, including transactions in proprietary funds. Includes institutional funds available only to investment managers. Excludes money market fund transactions.

- 9 -

THE CHARLES SCHWAB CORPORATION

Non-GAAP Financial Measures

(In millions, except ratios and per share amounts)

(Unaudited)

In addition to disclosing financial results in accordance with generally accepted accounting principles in the U.S. (GAAP), Schwab’s first quarter earnings release contains references to the non-GAAP financial measures described below. We believe these non-GAAP financial measures provide useful supplemental information about the financial performance of the Company, and facilitate meaningful comparison of Schwab’s results in the current period to both historic and future results. These non-GAAP measures should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP, and may not be comparable to non-GAAP financial measures presented by other companies.

Schwab’s use of non-GAAP measures is reflective of certain adjustments made to GAAP financial measures as described below.

Non-GAAP Adjustment or Measure Definition Usefulness to Investors and Uses by Management

Acquisition and integration-related costs, amortization of acquired intangible assets, and restructuring costs Schwab adjusts certain GAAP financial measures to exclude the impact of acquisition and integration-related costs incurred as a result of the Company’s acquisitions, amortization of acquired intangible assets, restructuring costs, and, where applicable, the income tax effect of these expenses.

Adjustments made to exclude amortization of acquired intangible assets are reflective of all acquired intangible assets, which were recorded as part of purchase accounting. These acquired intangible assets contribute to the Company’s revenue generation. Amortization of acquired intangible assets will continue in future periods over their remaining useful lives. We exclude acquisition and integration-related costs, amortization of acquired intangible assets, and restructuring costs for the purpose of calculating certain non-GAAP measures because we believe doing so provides additional transparency of Schwab’s ongoing operations, and is useful in both evaluating the operating performance of the business and facilitating comparison of results with prior and future periods.

Costs related to acquisition and integration or restructuring fluctuate based on the timing of acquisitions, integration and restructuring activities, thereby limiting comparability of results among periods, and are not representative of the costs of running the Company’s ongoing business. Amortization of acquired intangible assets is excluded because management does not believe it is indicative of the Company’s underlying operating performance.

Return on tangible common equity Return on tangible common equity represents annualized adjusted net income available to common stockholders as a percentage of average tangible common equity. Tangible common equity represents common equity less goodwill, acquired intangible assets — net, and related deferred tax liabilities. Acquisitions typically result in the recognition of significant amounts of goodwill and acquired intangible assets. We believe return on tangible common equity may be useful to investors as a supplemental measure to facilitate assessing capital efficiency and returns relative to the composition of Schwab’s balance sheet.

Adjusted Tier 1 Leverage Ratio Adjusted Tier 1 Leverage Ratio represents the Tier 1 Leverage Ratio as prescribed by bank regulatory guidance for the consolidated company and for Charles Schwab Bank, SSB (CSB), adjusted to reflect the inclusion of accumulated other comprehensive income (AOCI) in the ratio. Inclusion of the impacts of AOCI in the Company’s Tier 1 Leverage Ratio provides additional information regarding the Company’s current capital position. We believe Adjusted Tier 1 Leverage Ratio may be useful to investors as a supplemental measure of the Company’s capital levels.

The Company also uses adjusted diluted EPS and return on tangible common equity as components of performance criteria for employee bonus and certain executive management incentive compensation arrangements. The Compensation Committee of CSC’s Board of Directors maintains discretion in evaluating performance against these criteria. Additionally, the Company uses adjusted Tier 1 Leverage Ratio in managing capital, including its use of the measure as its long-term operating objective.

- 10 -

THE CHARLES SCHWAB CORPORATION

Non-GAAP Financial Measures

(In millions, except ratios and per share amounts)

(Unaudited)

The tables below present reconciliations of GAAP measures to non-GAAP measures:

Three Months Ended

March 31,

2026 2025

Total

Expenses

Excluding

Interest Net

Income Total

Expenses

Excluding

Interest Net

Income

Total expenses excluding interest (GAAP), Net income (GAAP) $ 3,294 $ 2,479 $ 3,144 $ 1,909

Amortization of acquired intangible assets (132) 132 (130) 130

Acquisition and integration-related costs (1)

(11) 11 — —

Income tax effects (2)

N/A (34) N/A (31)

Adjusted total expenses (non-GAAP), Adjusted net income (non-GAAP) $ 3,151 $ 2,588 $ 3,014 $ 2,008

(1) Acquisition and integration-related costs for the three months ended March 31, 2026 primarily consist of professional services. There were no acquisition and integration-related costs for the three months ended March 31, 2025.

(2) The income tax effects of the non-GAAP adjustments are determined using an effective tax rate reflecting the exclusion of non-deductible acquisition costs and are used to present the acquisition and integration-related costs, amortization of acquired intangible assets, and restructuring costs on an after-tax basis.

N/A Not applicable.

Three Months Ended

March 31,

2026 2025

Amount % of

Total Net Revenues Amount % of

Total Net Revenues

Income before taxes on income (GAAP), Pre-tax profit margin (GAAP) $ 3,188 49.2 % $ 2,455 43.8 %

Amortization of acquired intangible assets 132 2.0 % 130 2.4 %

Acquisition and integration-related costs 11 0.2 % — —

Adjusted income before taxes on income (non-GAAP), Adjusted pre-tax profit

margin (non-GAAP) $ 3,331 51.4 % $ 2,585 46.2 %

Three Months Ended

March 31,

2026 2025

Amount Diluted

EPS Amount Diluted

EPS

Net income available to common stockholders (GAAP), Earnings per common share —

diluted (GAAP) $ 2,397 $ 1.37 $ 1,796 $ .99

Amortization of acquired intangible assets 132 .07 130 .07

Acquisition and integration-related costs 11 .01 — —

Income tax effects

(34) (.02) (31) (.02)

Adjusted net income available to common stockholders (non-GAAP), Adjusted diluted

EPS (non-GAAP) $ 2,506 $ 1.43 $ 1,895 $ 1.04

- 11 -

THE CHARLES SCHWAB CORPORATION

Non-GAAP Financial Measures

(In millions, except ratios and per share amounts)

(Unaudited)

Three Months Ended

March 31,

2026 2025

Return on average common stockholders’ equity (GAAP)

23 % 18 %

Average common stockholders’ equity

$ 42,567 $ 39,752

Less: Average goodwill (12,125) (11,951)

Less: Average acquired intangible assets — net (7,323) (7,679)

Plus: Average deferred tax liabilities related to goodwill and acquired intangible assets — net 1,693 1,709

Average tangible common equity $ 24,812 $ 21,831

Adjusted net income available to common stockholders (1)

$ 2,506 $ 1,895

Return on tangible common equity (non-GAAP) 40 % 35 %

(1) See table above for the reconciliation of net income available to common stockholders to adjusted net income available to common stockholders (non-GAAP).

(Preliminary)

March 31, 2026

CSC CSB

Tier 1 Leverage Ratio (GAAP)

8.9% 10.9%

Tier 1 Capital

$ 41,894 $ 27,474

Plus: AOCI adjustment (10,631) (9,240)

Adjusted Tier 1 Capital 31,263 18,234

Average assets with regulatory adjustments

471,426 252,021

Plus: AOCI adjustment (10,703) (9,341)

Adjusted average assets with regulatory adjustments $ 460,723 $ 242,680

Adjusted Tier 1 Leverage Ratio (non-GAAP)

6.8 % 7.5 %

- 12 -

GRAPHIC

Filename: cslogoa03a.jpg · Sequence: 7

Binary file (76160 bytes)

Download cslogoa03a.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 9

v3.26.1

Document and Entity Information

Apr. 16, 2026

Entity Information [Line Items]

Document Type

8-K

Document Period End Date

Apr. 16, 2026

Entity File Number

1-9700

Entity Registrant Name

SCHWAB CHARLES CORP

Entity Incorporation, State or Country Code

Entity Tax Identification Number

94-3025021

Entity Address, Address Line One

3000 Schwab Way

Entity Address, City or Town

Westlake

Entity Address, State or Province

Entity Address, Postal Zip Code

76262

City Area Code

817

Local Phone Number

859-5000

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Entity Emerging Growth Company

false

Entity Central Index Key

0000316709

Amendment Flag

false

Common Stock [Member]

Entity Information [Line Items]

Title of 12(b) Security

Common Stock – $.01 par value per share

Trading Symbol

SCHW

Security Exchange Name

NYSE

Series D Preferred Stock [Member]

Entity Information [Line Items]

Title of 12(b) Security

Depositary Shares, each representing a 1/40th ownership interest in a share of 5.95% Non-Cumulative Preferred Stock, Series D

Trading Symbol

SCHW PrD

Security Exchange Name

NYSE

Series J Preferred Stock [Member]

Entity Information [Line Items]

Title of 12(b) Security

Depositary Shares, each representing a 1/40th ownership interest in a share of 4.450% Non-Cumulative Preferred Stock, Series J

Trading Symbol

SCHW PrJ

Security Exchange Name

NYSE

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:

dei_EntityInformationLineItems

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Details

Name:

us-gaap_StatementClassOfStockAxis=us-gaap_CommonStockMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=us-gaap_SeriesDPreferredStockMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=schw_SeriesJPreferredStockMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type: