Charles Schwab Corporation SCHW
The Charles Schwab Corporation (CSC) is a savings and loan holding company. 10-K, Item 1
- Employees
- 33,000
- Headquarters
- Westlake, TX
- CEO
- Richard A. Wurster
- Next results
- around Jan 20, 2027
SCHW among Financials peers
Six ratios from the latest 10-K. Each corner is the share of 75 peers the company is above, not a score.
What changed
11 new risk paragraphs. 10-K filed Feb 25, 2026 against Feb 26, 2025.
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
Accounting checks
8 checks on the latest 10-K. Checks, not verdicts.
0facts worth reading about all 8 checks found nothing to note
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Same auditor in both 10-Ks: DELOITTE & TOUCHE LLP
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No statement of substantial doubt about going concern
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No 8-K item 4.02 in the last 2 years
5 more checks with nothing to note
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No NT 10-K or NT 10-Q in the last 2 years
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The same matters as last year: Asset Management and Administration Fees (AMAF) and Trading Revenue
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No sentence in the 10-K concludes that controls were not effective because of a material weakness
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No 8-K item 2.06 in the last 2 years
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No 8-K item 1.03 in the last 2 years
In their words
11 paragraphs in Risk Factors that were not in the 10-K filed Feb 26, 2025. Quoted as filed.
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Item 1A · new paragraph · not in the 10-K filed Feb 26, 2025 10-K, ITEM 1A
We must process, record and monitor a large number of transactions and our operations are highly dependent on the integrity of our technology systems and our ability to make timely enhancements and additions to our systems. System interruptions, errors or downtime can result from a variety of causes, including changes in client use…
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Item 1A · new paragraph · not in the 10-K filed Feb 26, 2025 10-K, ITEM 1A
We rely on outsourced service providers and financial intermediaries to perform key functions, and failure of these entities to perform as expected could result in financial or reputational harm to us or financial harm to our clients.
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Item 1A · new paragraph · not in the 10-K filed Feb 26, 2025 10-K, ITEM 1A
We also face risks arising from clients who intentionally engage in fraudulent or deceptive conduct. In some instances, clients may knowingly authorize or initiate transactions under false pretenses, misuse payment channels, submit fraudulent checks or ACH items, or provide misleading information to facilitate fraudulent transfers or…
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Item 1A · new paragraph · not in the 10-K filed Feb 26, 2025 10-K, ITEM 1A
We intend to offer clients direct access to select digital assets, which exposes us to new and uncertain financial, operational, legal, and regulatory risks that could adversely affect our business and financial results. In 2026, the Company anticipates it will begin offering expanded client access to trading in digital assets including…
New risk paragraphs, against peers
Latest 10-K of each, Financials companies closest in revenue
Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.
Financial performance
Last 4 fiscal years · 10-K XBRL
| Metric | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | $20.8B | $18.8B | $19.6B | $23.9B |
| Net income | $7.2B | $5.1B | $5.9B | $8.9B |
| Operating cash flow | $2.1B | $19.6B | $2.7B | $9.3B |
| Free cash flow | $1.1B | $18.9B | $2.0B | $8.8B |
Revenue, FY2016 to FY2025
Ten fiscal years, each from its own 10-K · XBRL · USD
$23.9B ▲ 22.0% in FY2025$8.9B ▲ 49.0% in FY2025$8.8B ▲ 327.5% in FY2025
Recent filings
2 filings in the last 30 days · SEC EDGAR
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10-QNov 6, 2026Quarterly report (10-Q) period ended Sep 30, 2026
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8-KOct 15, 2026Quarterly results 8-K item 2.02
About the company
Charles Schwab Corporation, Westlake, TX · from the 10-K filed Feb 25, 2026
The Charles Schwab Corporation (CSC) is a savings and loan holding company. CSC engages, through its subsidiaries (collectively referred to as Schwab or the Company), in wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. At December 31, 2025, Schwab 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.
- Headquarters
- Westlake, TX
- Country
- United States
- Reports in
- USD
- Listed on
- NYSE
- Fiscal year ends
- December 31
- Last results
- Oct 15, 2026
- Incorporated in
- DE
Employees, at the top of the page: "As of December 31, 2025, Schwab had full-time, part-time, and temporary employees, and persons employed on a contract basis, that represented the equivalent of approximately 33,000 full-time employees" (10-K). Address and exchange: SEC's company file.
Email alerts
Sources
The 10-K filed Feb 25, 2026 (open at SEC), compared with the 10-K filed Feb 26, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.
Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/SCHW/export.csv") into a cell.