Charles Schwab
SCHW NYSE· Investment Banking & Brokerage
Last close · Oct 26, 2026
$89.73
KIRA · Stoqly’s AI analyst, in plain words
- Charles Schwab had $23.9B of revenue in fiscal 2025, up 22.0% on the year before. Over five years, revenue changed +15.4% a year on average.
- Charles Schwab made $8.9B of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 15.1% a year.
- Charles Schwab returned $9.7B to shareholders in fiscal 2025. The diluted share count fell 1.4%.
- It earned 18.1% on shareholders’ money. Running costs took 52.1% of revenue (the efficiency ratio; lower is better).
Market cap
$162.3B
P/E
16.3x
Revenue
$23.9B
Net income
$8.9B
Return on equity
18.1%
Efficiency ratio
52.1%
Charles Schwab in 30 seconds · fiscal 2025
Are sales growing?
+22.0%
Yes. Sales grew 22.0% last year.
Does it make a profit?
37.0%
Yes. It keeps 37.0% of every sale as profit.
How lean are its costs?
52.1%
Lean. Running costs take 52.1% of revenue.
How much does it earn on its capital?
18.1%
Good. It earns 18.1% a year on shareholders’ money.
How is the share priced?
16.3x
One share costs 16.3 times its yearly profit per share. Typical for its sector: 13.7x.
What Charles Schwab does
Charles Schwab is a savings and loan holding company that runs a brokerage, a bank, and asset management, custody and advisory businesses. At the end of 2025 it had $11.90 trillion in client assets, 38.5 million active brokerage accounts, 5.7 million workplace plan participant accounts and 2.2 million banking accounts. It serves clients through two segments. Investor Services offers brokerage, investment advice, banking and trust services to individual investors, and retirement plan and stock plan services to businesses and their employees. Advisor Services provides custody, trading, banking and support services to independent registered investment advisors, independent retirement advisors and recordkeepers. Its products include brokerage accounts, mutual funds, exchange-traded funds (ETFs), managed portfolios, checking and savings accounts, mortgages, home equity lines of credit and trust services.
Biggest risks, in its own words
- A significant change in how clients allocate their cash could reduce its income.
- Interest rate changes that could affect its profitability.
- A significant fall in its liquidity, which could also reduce client confidence in it.
- Credit losses, and problems at other financial institutions that could affect financial markets generally.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 25, 2026
- Legal name
- SCHWAB CHARLES CORP
- CIK
- 0000316709
Charles Schwab · SCHW
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $18.5B | $20.8B | $18.8B | $19.6B | $23.9B |
| Revenue growth | 58.4% | 12.1% | −9.3% | 4.1% | 22.0% |
| Net interest income | $8.0B | $10.7B | $9.4B | $9.1B | $11.8B |
| Net income | $5.9B | $7.2B | $5.1B | $5.9B | $8.9B |
| Net margin | 31.6% | 34.6% | 26.9% | 30.3% | 37.0% |
| Diluted EPS | $2.83 | $3.50 | $2.54 | $2.99 | $4.65 |
| Cash | |||||
| Dividends paid | $1.8B | $2.1B | $2.3B | $2.3B | $2.3B |
| Share buybacks | $0.0M | $3.4B | $2.8B | $0.0M | $7.3B |
| Share count change | 32.2% | −0.2% | −3.3% | 0.2% | −1.4% |
| Debt and strength | |||||
| Loans, net | $34.6B | $40.5B | $40.4B | $45.2B | $58.0B |
| Deposits | $443.8B | $366.7B | $290.0B | $259.1B | $255.7B |
| Shareholders' equity | $56.3B | $36.6B | $41.0B | $48.4B | $49.4B |
| Returns and quality | |||||
| Return on equity | 10.4% | 15.5% | 13.1% | 13.3% | 18.1% |
| Return on tangible equity | 20.9% | 42.6% | 52.5% | 35.3% | 39.2% |
| Efficiency ratio | 58.4% | 54.8% | 66.1% | 60.8% | 52.1% |
Insiders bought, 12 months
$1.8M
1 insider
Insiders sold, 12 months
$335M
15 insiders
Of sales under plans
11%
$35.2M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Net income:
- Profit after all expenses, interest and tax.
- Efficiency ratio:
- Noninterest expense as a share of revenue. Lower is better for banks.
- Return on equity:
- Net income as a share of average shareholders' equity.
- Return on tangible equity:
- Net income to common over equity minus goodwill and intangibles.
- Diluted EPS:
- Net income per diluted share.
Charles Schwab · SCHW
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Return on equity and efficiency ratio
Loans and deposits
Dividends and buybacks
Diluted EPS
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Net margin | ROE | P/E | F-score |
|---|---|---|---|---|---|---|
| Charles Schwab SCHW | $162.3B | 22.0% | 37.0% | 18.1% | 16.3x | — |
| Raymond James Financial RJF | $32.7B | 6.6% | 13.4% | 17.7% | 13.8x | — |
| Goldman Sachs GS | $283.7B | 8.9% | 29.5% | 13.9% | 13.8x | — |
| Morgan Stanley MS | $292.1B | 14.4% | 23.9% | 15.6% | 14.8x | — |
| Stifel SF | $7.3B | 6.7% | 10.8% | 11.7% | 11.9x | — |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $89.73 a share, the company is worth $162.3B: 16.3 times its earnings of the last four quarters.
Charles Schwab grew sales faster than 4 of its 4 similar companies. Its P/E is higher than 4 of 4.
Source: SEC EDGAR XBRL filings (CIK 0000316709). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.