SCHW

The Charles Schwab Corporation

Financial Services Capital Markets NYSE

About the company

Charles Schwab Corporation, commonly referred to as Charles Schwab, is a renowned financial services firm that operates in multiple sectors, including brokerage, wealth management, banking, and asset-management businesses. With its vast array of services, the company caters to a diverse range of clients, from individual investors to independent investment advisors. One significant aspect of Charles Schwab's operations is its extensive network of brick-and-mortar brokerage branch offices. These physical locations serve as valuable points of contact for clients who prefer face-to-face interactions and personalized guidance. With a strong presence across the United States, the company ensures that clients can access its services conveniently and receive the assistance they need. In addition to its brick-and-mortar presence, Charles Schwab has established itself as a leader in online investing. The company's online platform provides a comprehensive suite of tools and resources to help investors make informed decisions. Clients can access real-time market data, research reports, and educational materials, empowering them to stay up-to-date with market trends and make well-informed investment choices. This robust online platform has played a significant role in enhancing the accessibility and convenience of Charles Schwab's services. Recognizing the evolving landscape of financial technology, Charles Schwab has also embraced mobile trading capabilities. Its mobile app allows clients to access their investment accounts on the go, giving them the flexibility to monitor their portfolios, execute trades, and stay connected with the markets wherever they are. This mobile trading feature reflects the company's commitment to providing convenient, user-friendly experiences to its clients, ensuring that they can manage their investments conveniently from their smartphones or tablets. Beyond its brokerage services, Charles Schwab operates a bank that offers various banking products and services. This banking arm provides clients with a number of benefits, including checking and savings accounts, mortgages, home equity lines of credit, and credit cards. By providing these banking services, Charles Schwab aims to provide a comprehensive solution for its clients' financial needs, further strengthening its position as a trusted provider in the financial services industry. Furthermore, Charles Schwab boasts a proprietary asset management business. Through this arm of the company, clients can access a diverse range of investment products, including mutual funds, exchange-traded funds (ETFs), and managed accounts. The company's experienced team of investment professionals applies their expertise to create and manage these investment vehicles, offering clients a robust selection of options to suit their investment goals and risk profiles. While Charles Schwab primarily operates within the United States, its influence and reach extend beyond national borders. With over $7 trillion of client assets under management as of December 2022, the company has firmly established itself as one of the largest firms in the investment business. Its strong track record, combined with its broad range of services and comprehensive support, has garnered the trust and loyalty of countless clients. In conclusion, Charles Schwab Corporation's wide-ranging operations in brokerage, wealth management, banking, and asset management demonstrate its commitment to meeting the diverse needs of its clients. Whether through its brick-and-mortar branch offices, online investing website, or mobile trading capabilities, the company strives to provide accessible, convenient, and comprehensive financial services. With a solid foothold in the United States and a significant client asset base, Charles Schwab continues to play a crucial role in the global investment landscape.

Website: https://www.aboutschwab.com

Data updated: June 2, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Financial Services · 1543 peers in sector

Metric SCHW Sector median Vs. industry
P/E 17.64 13.87 ↑ Above average
EPS 5.03 USD 0.45 USD ↑ Above average
Dividend yield 1.29% 0.00% ↑ Above average
Profit margin 37.99% 0.00% ↑ Above average
ROE 19.08% 0.98% ↑ Above average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

Financial statements & historical data

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Frequently Asked Questions

What is The Charles Schwab Corporation?
Charles Schwab Corporation, commonly referred to as Charles Schwab, is a renowned financial services firm that operates in multiple sectors, including brokerage, wealth management, banking, and asset-management businesses. With its vast array of services, the company caters to a diverse range of clients, from individual investors to independent investment advisors. One significant aspect of Charles Schwab's operations is its extensive network of brick-and-mortar brokerage branch offices. These physical locations serve as valuable points of contact for clients who prefer face-to-face interactions and personalized guidance. With a strong presence across the United States, the company ensures that clients can access its services conveniently and receive the assistance they need. In addition to its brick-and-mortar presence, Charles Schwab has established itself as a leader in online investing. The company's online platform provides a comprehensive suite of tools and resources to help investors make informed decisions. Clients can access real-time market data, research reports, and educational materials, empowering them to stay up-to-date with market trends and make well-informed investment choices. This robust online platform has played a significant role in enhancing the accessibility and convenience of Charles Schwab's services. Recognizing the evolving landscape of financial technology, Charles Schwab has also embraced mobile trading capabilities. Its mobile app allows clients to access their investment accounts on the go, giving them the flexibility to monitor their portfolios, execute trades, and stay connected with the markets wherever they are. This mobile trading feature reflects the company's commitment to providing convenient, user-friendly experiences to its clients, ensuring that they can manage their investments conveniently from their smartphones or tablets. Beyond its brokerage services, Charles Schwab operates a bank that offers various banking products and services. This banking arm provides clients with a number of benefits, including checking and savings accounts, mortgages, home equity lines of credit, and credit cards. By providing these banking services, Charles Schwab aims to provide a comprehensive solution for its clients' financial needs, further strengthening its position as a trusted provider in the financial services industry. Furthermore, Charles Schwab boasts a proprietary asset management business. Through this arm of the company, clients can access a diverse range of investment products, including mutual funds, exchange-traded funds (ETFs), and managed accounts. The company's experienced team of investment professionals applies their expertise to create and manage these investment vehicles, offering clients a robust selection of options to suit their investment goals and risk profiles. While Charles Schwab primarily operates within the United States, its influence and reach extend beyond national borders. With over $7 trillion of client assets under management as of December 2022, the company has firmly established itself as one of the largest firms in the investment business. Its strong track record, combined with its broad range of services and comprehensive support, has garnered the trust and loyalty of countless clients. In conclusion, Charles Schwab Corporation's wide-ranging operations in brokerage, wealth management, banking, and asset management demonstrate its commitment to meeting the diverse needs of its clients. Whether through its brick-and-mortar branch offices, online investing website, or mobile trading capabilities, the company strives to provide accessible, convenient, and comprehensive financial services. With a solid foothold in the United States and a significant client asset base, Charles Schwab continues to play a crucial role in the global investment landscape.
Are The Charles Schwab Corporation shares expensive?
The price-to-earnings (P/E) ratio of The Charles Schwab Corporation is 17.64 — the share price is 17.64 times the annual profit per share. That is higher than the typical company in the same industry (industry median: 13.87). This is information, not a recommendation. (as of 2026-06-02)
How big is The Charles Schwab Corporation?
The market capitalization of The Charles Schwab Corporation — the combined value of all its shares — is 154.33 B USD. The higher the market cap, the larger the company. (as of 2026-06-02)
Does The Charles Schwab Corporation pay dividends?
The dividend yield of The Charles Schwab Corporation is 1.29% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-02)
What sector does The Charles Schwab Corporation belong to?
The Charles Schwab Corporation operates in the Financial Services sector, industry: Capital Markets.

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