OakChart

Charles Schwab Corp

SCHWFinancial·Capital Markets·USA·Large·NYSE·Nov 11 • 3:59 PM ET

92.78-0.25 (-0.27%)
2026-11-12 04:05 CET
Market cap
160,139.21 USD m
Revenue, TTM
30,497.00 USD m
Net income, TTM
10,256.00 USD m
Free cash flow, TTM
-11,867.00 USD m
EPS diluted, TTM
5.86
P/E
15.82
Compare

Price

SCHW against its 20, 50 and 200-day averages
2050200beat
90.00100.00110.0013.7M27.4MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26SCHWclose 92.7820-day 90.9850-day 97.49200-day 97.1292.7852w high52w low

19.0% under the 52-week high of 114.53 on 24 Aug 2026. 52-week low 83.96 on 28 May 2026. Last 15 sessions, 9.1% high to low

Volume 1.11× normal · the line is the 50-bar volume average

Profile

SCHW
52-week range, 29% of the way up
83.96114.53

The Charles Schwab Corp. is a savings and loan holding company, which engages in the provision of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. It operates through the Investor Services and Advisor Services segments. The Investor Services segment includes retail brokerage, investment advisory, and banking and trust services to individual investors, retirement plan and business services, as well as other corporate brokerage services, to businesses and employees. The Advisor Services segment provides custodial, trading, banking and trust, and support services to independent registered investment advisors, independent retirement advisors, and recordkeepers. The company was founded by Charles Robert Schwab in 1986 and is headquartered in Westlake, TX.

IndexS&P 500, RUI
Employees33000
IPOSep 22, 1987
Beta0.74
ATR, 14d2.05
Rel volume1.11
Short float1.13%
Insider own5.73%
Inst own85.81%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap160.14B
Enterprise Value149.80B
Income10.26B
Sales30.50B
Book/sh26.21
Cash/sh32.78
Dividend Est.1.28 (1.38%)
Dividend TTM1.23 (1.33%)
Dividend Ex-DateNov 13, 2026
Dividend Gr. 3/5Y8.74% 8.45%
Payout23.21%
Employees33000
IPOSep 22, 1987

Ratios

P/E15.82
Forward P/E11.78
PEG0.49
P/S5.25
P/B3.54
P/C2.83
P/FCF-
EV/EBITDA8.94
EV/Sales4.91
Quick Ratio1.17
Current Ratio1.17
Debt/Eq0.78
LT Debt/Eq0.50
Option/ShortYes / Yes

Earnings

EPS (ttm)5.86
EPS next Y7.88
EPS next Q1.72
EPS this Y32.55%
EPS next Y22.02%
EPS next 5Y23.80%
EPS past 3/5Y9.92% 17.02%
Sales past 3/5Y7.45% 17.98%
EPS Y/Y TTM37.56%
Sales Y/Y TTM12.30%
EPS Q/Q29.01%
Sales Q/Q16.01%
EarningsOct 15 BMO
EPS/Sales Surpr.2.12% -0.14%

Ownership

Insider Own5.73%
Insider Trans-1.66%
Inst Own85.81%
Inst Trans1.90%
ROA2.16%
ROE21.11%
ROIC13.78%
Gross Margin85.37%
Oper. Margin50.53%
Profit Margin33.63%
SMA201.98%
SMA50-4.84%
SMA200-4.47%
Trades-

Technical

Shs Outstand1.73B
Shs Float1.63B
Short Float1.13%
Short Ratio2.21
Short Interest18.37M
52W High114.53 -18.99%
52W Low83.96 10.51%
Volatility2.30% 2.16%
ATR (14)2.05
RSI (14)48.39
Beta0.74
Rel Volume1.11
Avg Volume8.31M
Volume9,237,383

Performance

Perf Week-0.63%
Perf Month-3.29%
Perf Quarter-15.70%
Perf Half Y1.77%
Perf YTD-7.14%
Perf Year-3.47%
Perf 3Y70.52%
Perf 5Y13.98%
Perf 10Y157.15%
Recom1.72
Target Price116.00
Prev Close93.03
Price92.78
Change %-0.27%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 12, 2026InitiatedEEvercore ISIIn-line$107+15.3%
Oct 02, 2026InitiatedWWells FargoEqual Weight$105+13.2%
Aug 03, 2026InitiatedCCompass PointBuy$135+45.5%
Jul 20, 2026DowngradeBBMO Capital MarketsOutperform → Market Perform$105+13.2%
Apr 08, 2026ResumedKKeefe BruyetteOutperform$110+18.6%
Dec 11, 2025ResumedUUBSBuy$119+28.3%
Oct 03, 2025InitiatedBBMO Capital MarketsOutperform$110+18.6%
Jun 09, 2025UpgradeRRedburn AtlanticSell → Neutral$82-11.6%
Apr 25, 2025UpgradeGGoldmanNeutral → Buy$100+7.8%
Apr 08, 2025UpgradeMMorgan StanleyEqual-Weight → Overweight$76-18.1%

Peers

Mkt cap
TickerCompanyMkt cap
HOODRobinhood Markets Inc76.16B
IBKRInteractive Brokers Group Inc37.38B
MSMorgan Stanley297.93B
LPLALPL Financial Holdings Inc23.49B
RJFRaymond James Financial Inc32.09B
BACBank Of America Corp349.63B
BLKBlackrock Inc198.70B
JPMJPMorgan Chase & Co911.91B
TROWT. Rowe Price Group Inc23.61B
WLTHWealthfront Corp1.70B

Insider trading

latest 14 of 100
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Schwab Charles R.Co-ChairmanNov 09 '26Sale93.0170,7506,580,27453,263,866Nov 10 08:09 PM
Schwab Charles R.OfficerNov 09 '26Proposed Sale92.9970,7506,579,382Nov 09 12:09 PM
Schwab Charles R.Co-ChairmanNov 03 '26Sale89.2111,6751,041,58453,334,616Nov 05 06:59 PM
Hathi NeeshaMD, Head Wealth Adv, Bnk, TstNov 02 '26Option Exercise64.105,000320,5000Nov 03 05:29 PM
Hathi NeeshaMD, Head Wealth Adv, Bnk, TstNov 02 '26Sale88.925,000444,6185,770Nov 03 05:29 PM
Schwab Charles R.OfficerNov 03 '26Proposed Sale89.0011,6751,039,075Nov 03 12:45 PM
Schwab Charles R.Co-ChairmanOct 29 '26Sale89.50136,40012,207,86853,346,291Oct 29 07:23 PM
Schwab Charles R.Co-ChairmanOct 28 '26Sale88.3666,7505,897,75653,482,691Oct 29 07:23 PM
Schwab Charles R.OfficerOct 29 '26Proposed Sale89.9067,0506,028,050Oct 29 03:55 PM
Schwab Charles R.OfficerOct 29 '26Proposed Sale89.9069,3506,234,565Oct 29 12:19 PM
Schwab Charles R.OfficerOct 28 '26Proposed Sale88.2766,7505,892,269Oct 28 03:50 PM
Hathi NeeshaMD, Head Wealth Adv, Bnk, TstOct 01 '26Option Exercise41.985,000209,9000Oct 05 04:01 PM
Hathi NeeshaMD, Head Wealth Adv, Bnk, TstOct 01 '26Sale97.805,000489,0075,770Oct 05 04:01 PM
Ellis Stephen ADirectorSep 23 '26Option Exercise31.481,91860,3797,445Sep 25 05:14 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VOOVanguard S&P 500 ETFAUM: 1054.75B
IVViShares Core S&P 500 ETFAUM: 871.38B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
VTVVanguard Morningstar Value ETFAUM: 196.23B
XLFState Street Financial Select Sector SPDR ETFAUM: 54.05B
PVALPutnam Focused Large Cap Value ETFAUM: 15.87B
SPYMState Street SPDR Portfolio S&P 500 ETFAUM: 183.48B
RDVYFirst Trust Rising Dividend Achievers ETFAUM: 25.61B
IWDiShares Russell 1000 Value Index FundAUM: 84.71B

News

latest 14 of 100

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-151.6901.6551.6207,1717,18121
2026Q22026-07-211.6201.5551.5427,0726,89618
2026Q12026-04-161.4301.3961.3686,4826,50018
2025Q42026-01-211.3901.3961.3326,3366,38117
2025Q32025-10-161.3101.2471.2576,1356,01117
2025Q22025-07-181.1401.1001.0855,8515,73418
2025Q12025-04-171.0401.0100.9865,5995,53119
2024Q42025-01-211.0100.9140.9355,3295,19519
2024Q32024-10-150.7700.7500.7084,8474,78318
2024Q22024-07-160.7300.7170.6604,6904,68017
2024Q12024-04-150.7400.7340.6834,7404,71217
2023Q42024-01-170.6800.6380.5074,4594,49417
2023Q32023-10-160.7700.7490.5574,6064,61516
2023Q22023-07-180.7500.7070.6434,6564,61017
2023Q12023-04-170.9300.9000.8325,1165,13418
2022Q42023-01-181.0701.0910.9725,4975,55418

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY2.6702.6952.67110,72110,728
2020FY2.4502.2752.12111,69111,621
2021FY3.2503.2802.82618,52018,584
2022FY3.9003.9193.50320,76220,872
2023FY3.1303.1142.53918,83718,899
2024FY3.2503.1612.98719,60619,462
2025FY4.8704.8704.65023,92123,955
2026FY-6.455--28,124
2027FY-7.877--31,930
2028FY-9.241--35,032
2029FY-10.105--36,367
2030FY-11.500--40,681

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-10-27160127,4027,2427,488
2026Q4S2026-10-16160117,4057,2427,488
2026Q4S2026-10-15161107,4177,2427,556
2026Q4S2026-10-1316447,5067,3687,696
2026Q4S2026-10-0916447,5057,3687,696
2026Q4S2026-10-0815427,5357,3687,743
2026Q4S2026-10-0515327,5227,3657,743
2026Q4S2026-10-0415317,5107,2717,743
2026Q4S2026-10-02151017,5107,2717,743
2026Q4S2026-10-01151017,4837,2717,743
2026Q4S2026-09-30151107,4887,2717,743
2026Q4S2026-09-18141107,4927,2717,743
2026Q4S2026-09-14141107,4907,2717,743
2026Q4S2026-09-09141107,4957,2717,743

Estimate history

EPS, annual1.6112.4462.6712.1212.8263.5032.5392.9874.6535.8639
Period201720182019202020212022202320242025TTM
EPS, quarterly0.7080.9350.9861.0851.2571.3321.3681.5421.622
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual8960109891178512109189962230725521259992767530497
Period201720182019202020212022202320242025TTM
Sales, quarterly655366496650681670417168730078618168
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual1345.3331332.4271285.7251801.3181813.9361802.2621772.6171780.3181758.3251725.468
Period201720182019202020212022202320242025MRQ
Shares, quarterly1778.6551780.3181815.9731814.4461786.6911758.3251738.1211728.1191725.468
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue30,497.0027,675.0025,999.0025,521.0022,307.0018,996.0012,109.0011,785.0010,989.00
Total Expenses15,086.0014,700.0015,712.0016,243.0012,267.0010,890.007,520.006,910.006,183.00
Operating Income15,411.0012,975.0010,287.009,278.0010,040.008,106.004,589.004,875.004,806.00
Unusual Expense0.000.000.000.000.000.000.000.000.00
Net Income Before Taxes13,814.0011,459.007,692.006,378.009,388.007,713.004,300.004,848.004,562.00
Income Taxes3,170.002,607.001,750.001,311.002,205.001,858.001,001.001,144.001,055.00
Consolidated Net Income10,644.008,852.005,942.005,067.007,183.005,855.003,299.003,704.003,507.00
Net Income From Continuing Operations10,644.008,852.005,942.005,067.007,183.005,855.003,299.003,704.003,507.00
Net Income10,256.008,417.005,478.004,649.006,635.005,360.003,043.003,526.003,329.00
EPS (Recurring)5.924.652.992.543.502.832.122.672.45
EPS (Basic, Before Extraordinaries)5.884.673.002.553.522.842.132.692.47
EPS (Diluted)5.864.652.992.543.502.832.122.672.45
Non-Operating Income (Expense)0.000.000.000.000.000.000.000.000.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense-393.00337.00244.00278.00194.00155.00139.00150.00
Price To Earnings Ratio15.8215.82-----17.8216.98
Price To Sales Ratio5.556.535.224.947.078.406.295.335.14
Gross Margin85.3782.6775.8275.7885.7888.2086.9882.2885.69
Operating Margin50.5346.8839.5736.3545.0142.6737.9041.3743.73
Net Margin33.6330.4121.0718.2229.7428.2225.1329.9230.29
Shares Outstanding1,725.471,758.331,780.321,772.621,802.261,813.941,801.321,285.731,332.43
Market Capitalization160,139.21160,139.21131,712.64121,944.56151,187.67152,112.5195,324.0261,094.6256,084.19

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue8,168.007,861.007,300.007,168.007,041.006,816.006,650.006,649.00
Total Expenses3,961.003,852.003,807.003,466.003,647.003,610.003,768.003,759.00
Operating Income4,207.004,009.003,493.003,702.003,394.003,206.002,882.002,890.00
Unusual Expense0.000.000.000.000.000.000.000.00
Net Income Before Taxes3,777.003,669.003,188.003,180.003,021.002,803.002,455.002,305.00
Income Taxes871.00869.00709.00721.00663.00677.00546.00465.00
Consolidated Net Income2,906.002,800.002,479.002,459.002,358.002,126.001,909.001,840.00
Net Income From Continuing Operations2,906.002,800.002,479.002,459.002,358.002,126.001,909.001,840.00
Net Income2,811.002,681.002,397.002,367.002,277.001,977.001,796.001,717.00
EPS (Recurring)1.621.541.371.331.261.090.990.94
EPS (Basic, Before Extraordinaries)1.631.551.371.341.261.090.990.94
EPS (Diluted)1.621.541.371.331.261.090.990.94
Non-Operating Income (Expense)0.000.000.000.000.000.000.000.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense--100.3363.2044.2451.3591.6450.56
Price To Earnings Ratio15.82-------
Price To Sales Ratio5.555.465.816.426.376.235.445.23
Gross Margin84.9586.0684.2686.2383.4582.4581.3579.15
Operating Margin51.5151.0047.8551.6548.2047.0443.3443.47
Net Margin34.4134.1132.8433.0232.3429.0127.0125.82
Shares Outstanding1,725.471,728.121,738.121,758.331,786.691,814.451,815.971,780.32
Market Capitalization160,139.21160,470.45164,672.70177,534.08173,299.05165,780.34141,966.26131,712.64

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments72,528.0071,851.0067,577.0071,439.00103,828.0075,843.0040,800.0034,306.0022,760.00
Short Term Receivables115,330.0090,460.0073,568.0071,241.0095,292.0067,947.0023,146.0023,200.0022,099.00
Investment Securities0.000.000.000.000.000.000.000.000.00
Securities In Custody0.000.000.000.000.000.000.000.000.00
Investments276,944.00288,940.00321,764.00377,456.00441,478.00378,696.00225,454.00235,390.00195,315.00
Investment in Unconsolidated Affiliates0.000.000.000.000.000.000.000.000.00
Net Property, Plant & Equipment3,796.003,929.004,320.004,608.004,284.003,820.002,705.001,769.001,471.00
Deferred Tax Assets4,167.005,773.006,672.007,906.00---3.0076.00
Other Intangible Assets20,428.0021,136.0021,649.0021,658.0022,388.0022,703.001,900.001,814.001,553.00
Total Assets493,193.00482,089.00495,550.00554,308.00667,270.00549,009.00294,005.00296,482.00243,274.00
Total Customer Deposits255,747.00259,121.00289,953.00366,724.00443,778.00358,022.00220,094.00231,423.00169,656.00
Total Debt31,865.0045,943.0059,973.0038,872.0024,701.0014,665.008,080.006,878.0019,753.00
Long Term Debt20,604.0037,458.0049,503.0020,759.0018,619.0012,681.007,252.006,870.003,845.00
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Deferred Tax Liabilities2,198.002,246.002,372.002,536.00-----
Other Liabilities153,958.00126,404.00102,294.00109,568.00142,530.00120,262.0044,086.0037,511.0035,340.00
Total Liabilities443,768.00433,714.00454,592.00517,700.00611,009.00492,949.00272,260.00275,812.00224,749.00
Preferred Stock - Carrying Value6,763.009,191.009,191.009,706.009,954.007,733.002,793.002,793.002,793.00
Common Equity42,662.0039,184.0031,767.0026,902.0046,307.0048,327.0018,952.0017,877.0015,732.00
Total Shareholders Equity49,425.0048,375.0040,958.0036,608.0056,261.0056,060.0021,745.0020,670.0018,525.00
Accumulated Minority Interest0.000.000.000.000.000.000.000.000.00
Total Equity49,425.0048,375.0040,958.0036,608.0056,261.0056,060.0021,745.0020,670.0018,525.00
Total Liabilities & Stockholders Equity493,193.00482,089.00495,550.00554,308.00667,270.00549,009.00294,005.00296,482.00243,274.00
Book Value Per Share24.2622.0117.9214.9325.5326.8314.7413.4211.69
Tangible Book Value Per Share13.3510.956.523.4213.7714.6513.6912.3810.70
Full-Time Employees33,00032,10033,00035,30033,40032,00019,70019,50017,600
Price to Book Ratio3.54-----3.233.104.52
Return on Assets1.821.220.971.180.960.781.251.301.01
Return on Equity18.1013.3013.0715.4710.438.4817.4717.9013.47
Return on Invested Capital12.646.925.6012.527.824.8012.7712.7310.52
Quick Ratio1.281.401.451.411.491.431.772.251.14
Current Ratio1.281.401.451.411.491.431.772.251.14

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Funds from Operations13,727.0012,316.008,881.007,779.0010,644.0010,044.005,904.004,883.004,546.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-24,797.001,505.007,879.00-11,951.00-7,713.00-4,528.0011,156.005,419.00988.00
Cash from Operating Activities-11,070.0013,821.0016,760.00-4,172.002,931.005,516.0017,060.0010,302.005,534.00
Capital Expenditures-797.00-548.00-620.00-700.00-971.00-916.00-631.00-708.00-570.00
Net Assets From Acquisitions-577.000.000.000.000.000.000.00--
Sale of Fixed Assets and Businesses0.000.000.000.000.000.0014,748.00--
Purchase or Sale of Investments15,162.0039,159.0040,552.0058,299.0038,943.00-63,759.00-134,308.0014,458.00-39,760.00
Purchase of Investments-20,073.00-10,163.00-4,374.00-3,577.00-51,633.00-171,977.00-202,388.00-51,283.00-73,830.00
Sale Or Maturity of Investments35,235.0049,322.0044,926.0061,876.0090,576.00108,218.0068,080.0065,741.0034,070.00
Other Uses-639.00-370.00-322.00-287.00-136.00-143.000.00-56.00-96.00
Other Sources0.000.000.000.000.000.0015.000.000.00
Cash from Investing Activities-6,447.0024,538.0035,431.0057,411.0032,048.00-75,663.00-125,851.0011,964.00-40,555.00
Cash Dividends Paid-2,476.00-2,329.00-2,275.00-2,276.00-2,110.00-1,822.00-1,280.00-1,060.00-787.00
Change in Capital Stock-7,076.00-9,648.0084.00-3,260.00-3,591.002,427.005,019.00-2,102.00-875.00
Repurchase of Common Pref Stock-8,697.00-9,804.000.00-3,309.00-4,395.00-600.000.00-2,220.00-1,000.00
Sale of Common Pref Stock1,621.00156.0084.0049.00804.003,027.005,019.00118.00125.00
Proceedsfrom Stock Options1,480.000.000.000.00740.002,806.004,940.000.000.00
Issuance or Reduction of Debt, Net8,553.00-14,250.00-13,936.0021,162.0014,126.0010,066.002,370.00593.00-12,885.00
Change in Long Term Debt26,134.00-262.00-3,682.0019,266.00-2,676.0010,066.002,370.00593.002,115.00
Issuance of Long Term Debt-1,986.00-55,297.004,871.0018,143.003,070.00593.003,024.00
Reduction of Long Term Debt26,134.00-2,248.00-3,682.00-36,031.00-7,547.00-8,077.00-700.000.00-909.00
Net Financing Active Other Cash Flow-167.00-101.00-101.00-100.00-94.00-104.00-55.00-41.00-54.00
Other Financing Activities Uses-167.00-101.00-101.00-100.00-94.00-104.00-55.00-41.00-54.00
Cash from Financing Activities7,616.00-29,702.00-47,060.00-61,245.00-68,723.0096,323.00143,982.00-13,939.0047,166.00
Net Change in Cash-9,901.008,657.005,131.00-8,006.00-33,744.0026,176.0035,191.008,327.0012,145.00
Free Cash Flow-11,867.0013,273.0016,140.00-4,872.001,960.004,600.0016,429.009,594.004,964.00
Price to Free Cash Flow-16.519.79--57.435.027.3613.53

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments56,575.0061,583.0067,326.0072,528.0056,673.0058,600.00
Short Term Receivables156,941.00146,416.00118,920.00115,330.0099,339.0088,036.00
Investments269,678.00272,039.00271,060.00276,944.00274,224.00276,864.00
Investment in Unconsolidated Affiliates0.000.000.000.000.000.00
Net Property, Plant & Equipment3,782.003,659.003,065.003,796.003,136.003,197.00
Deferred Tax Assets---4,167.00--
Other Intangible Assets33,698.0033,569.0032,948.0020,428.0031,883.0032,239.00
Total Assets520,674.00517,266.00493,319.00493,193.00465,255.00458,936.00
Total Customer Deposits244,108.00249,682.00253,041.00255,747.00239,057.00233,058.00
Total Debt40,021.0037,114.0032,972.0031,865.0027,590.0037,680.00
Long Term Debt25,806.0022,159.0017,969.0020,604.0021,044.0029,196.00
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities---2,198.00--
Other Liabilities185,099.00180,323.00158,072.00153,958.00149,224.00138,747.00
Total Liabilities469,228.00467,119.00444,085.00443,768.00415,871.00409,485.00
Preferred Stock - Carrying Value6,213.006,213.006,763.006,763.006,763.006,763.00
Common Equity45,233.0043,934.0042,471.0042,662.0042,621.0042,688.00
Total Shareholders Equity51,446.0050,147.0049,234.0049,425.0049,384.0049,451.00
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity51,446.0050,147.0049,234.0049,425.0049,384.0049,451.00
Total Liabilities & Stockholders Equity520,674.00517,266.00493,319.00493,193.00465,255.00458,936.00
Book Value Per Share26.2125.4224.4424.2623.8523.53
Tangible Book Value Per Share14.9514.1013.0913.3513.0512.81
Full-Time Employees---33,000--
Price to Book Ratio3.54-----
Return on Assets2.162.071.971.821.771.60
Return on Equity21.1120.2719.0818.1017.0515.59
Return on Invested Capital3.763.873.693.513.352.70
Quick Ratio1.171.161.221.281.191.18
Current Ratio1.171.161.221.281.191.18

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Funds from Operations3,653.003,588.003,297.003,189.003,574.002,884.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-6,530.00-6,372.00-3,782.00-8,113.00-1,768.0011,050.00
Cash from Operating Activities-2,877.00-2,784.00-485.00-4,924.001,806.0013,934.00
Capital Expenditures-314.00-185.00-140.00-158.00-145.00-128.00
Net Assets From Acquisitions0.000.00-577.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments6,989.00-170.003,957.004,386.009,622.0012,549.00
Purchase of Investments-527.00-10,569.00-2,834.00-6,143.00-1,378.00-996.00
Sale Or Maturity of Investments7,516.0010,399.006,791.0010,529.0011,000.0013,545.00
Other Uses-123.00-185.00-229.00-102.00-138.00-43.00
Other Sources0.000.000.000.000.000.00
Cash from Investing Activities1,128.00-6,414.00-10.00-1,151.006,143.009,076.00
Cash Dividends Paid-637.00-643.00-632.00-564.00-562.00-608.00
Change in Capital Stock-432.00-1,563.00-2,331.00-2,750.00-2,716.00-2,721.00
Repurchase of Common Pref Stock-500.00-3,054.00-2,378.00-2,765.00-2,748.00-2,791.00
Sale of Common Pref Stock68.001,491.0047.0015.0032.0070.00
Proceedsfrom Stock Options0.001,480.000.000.000.000.00
Issuance or Reduction of Debt, Net3,231.00-101.002,085.003,338.00-10,104.00-2,227.00
Change in Long Term Debt3,075.00-1,506.00-3,458.0017,831.00-8,156.00-3,756.00
Issuance of Long Term Debt4,582.00---14,774.008,760.003,000.00
Reduction of Long Term Debt-1,507.00-1,506.00-3,458.0032,605.00-16,916.00-6,756.00
Net Financing Active Other Cash Flow-5.00-29.00-129.00-4.00-2.00-7.00
Other Financing Activities Uses-5.00-29.00-129.00-4.00-2.00-7.00
Cash from Financing Activities-3,417.00-1,964.00-3,713.0016,710.00-7,385.00-18,665.00
Net Change in Cash-5,166.00-11,162.00-4,208.0010,635.00564.004,345.00
Free Cash Flow-3,191.00-2,969.00-625.00-5,082.001,661.0013,806.00
Price to Free Cash Flow--22.2716.229.504.49

Revenue breakdown

United States2024: 19.61B 2025: 23.92B
Advisor Services2024: 4.05B 2025: 4.92B
Investor Services2024: 15.56B 2025: 19.00B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-301.13%18.4M1630.2M8.17M
2026-10-151.04%17.0M1630.2M8.16M
2026-09-301.17%19.2M1630.2M8.21M
2026-09-151.18%19.3M1630.2M8.75M
2026-08-311.31%21.3M1629.4M9.44M
2026-08-141.03%16.9M1629.4M10.17M
2026-07-311.25%20.5M1637.9M10.64M
2026-07-151.38%22.7M1637.5M11.53M
2026-06-301.53%25.0M1637.5M11.80M
2026-06-151.39%22.6M1634.1M10.85M
2026-05-291.28%21.0M1637.4M10.55M
2026-05-151.16%19.0M1637.4M10.46M
2026-04-301.01%16.6M1636.2M11.51M
2026-04-150.85%13.8M1629.3M11.01M
2026-03-310.79%13.1M1650.0M10.57M
2026-03-130.78%12.9M1650.0M10.63M
2026-02-270.77%12.7M1650.0M10.58M
2026-02-130.82%13.7M1673.2M10.18M
2026-01-300.92%15.4M1674.4M8.75M
2026-01-150.96%16.1M1674.0M8.44M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call55.0036.3539.4537.386.09317.007.000.998-0.0310.000
call60.0031.3534.4532.405.2820.004.000.998-0.0310.000
call65.0026.1529.450.004.5260.000.000.997-0.0310.001
call70.0021.1524.850.003.8140.000.000.997-0.0310.001
call75.0016.1519.450.003.1320.000.000.996-0.0300.001
call80.0011.4514.4512.752.46851.001660.994-0.0290.001
call81.0010.5513.4511.732.33664.001680.994-0.0290.001
call82.009.4012.4510.702.17620.0014.000.993-0.0290.001
call83.008.2011.459.722.07239.0020.000.993-0.0290.001
call84.007.1510.408.401.91259.0068.000.982-0.0580.003
call85.005.659.407.261.77922.0066.000.963-0.1080.005
call86.005.558.456.441.64426.001200.938-0.1620.008
call87.004.157.455.461.53150.001180.901-0.2290.011
call88.003.956.454.401.39144.006.000.849-0.3190.015
call89.002.855.453.851.2471150.000.791-0.3930.019
call90.002.284.353.231.05738138.000.744-0.4000.021
call91.001.562.411.690.5102061.000.706-0.3300.023
call92.001.081.571.050.3684481250.606-0.3340.025
call93.000.530.930.600.3583344610.481-0.3500.026
call94.000.300.540.300.3574864140.370-0.3550.025
call95.000.140.260.130.3651,0601880.314-0.4160.023
call96.000.050.120.060.37552716.000.270-0.4460.022
call97.000.010.190.030.45622216.000.219-0.4130.019
call98.000.010.030.020.4051154.000.142-0.2840.015
call99.000.000.520.040.46616816.000.094-0.2040.011
call1000.010.020.010.4951,1636.000.060-0.1430.008
call1010.002.130.010.55132.000.000.033-0.0840.005
call1020.002.130.020.60527.000.000.015-0.0420.003
call1030.002.130.340.65810.000.000.013-0.0410.002
call1040.002.130.020.71032.000.000.013-0.0410.002
call1050.000.130.760.76036.000.000.012-0.0400.002
call1060.002.130.280.81179.000.000.011-0.0430.002
call1070.001.950.040.86666.000.000.010-0.0420.002
call1080.000.760.061.1347.000.000.039-0.1590.006
call1090.002.130.000.9560.000.000.010-0.0440.002
call1100.002.130.131.00322.000.000.009-0.0450.002
call1110.002.130.201.0493.000.000.009-0.0450.002
call1120.002.130.151.0951.000.000.009-0.0460.002
call1130.002.130.001.1400.000.000.008-0.0460.001
call1140.002.130.001.1840.000.000.008-0.0460.001
call1150.002.130.081.2282.000.000.008-0.0470.001
call1200.002.130.001.4380.000.000.007-0.0480.001
call1250.002.130.001.6350.000.000.006-0.0500.001
call1300.002.130.001.8220.000.000.005-0.0510.001
put55.000.000.510.002.6330.000.00-0.002-0.0280.000
put60.000.000.010.012.2111,3980.00-0.004-0.0440.001
put65.000.000.010.011.7059490.00-0.003-0.0240.001
put70.000.002.120.031.4902.000.00-0.003-0.0260.001
put75.000.002.130.061.1551.000.00-0.004-0.0250.001
put80.000.000.010.080.90316.000.00-0.017-0.0640.003
put81.000.000.010.010.8352300.00-0.018-0.0630.003
put82.000.000.050.100.70860.000.00-0.007-0.0230.001
put83.000.000.020.010.6477466.00-0.007-0.0230.001
put84.000.000.020.010.64171.0021.00-0.018-0.0520.003
put85.000.010.030.020.60924034.00-0.031-0.0830.005
put86.000.010.040.110.566414674-0.062-0.1560.008
put87.000.010.060.040.53138552.00-0.098-0.2230.011
put88.000.060.130.090.53954812.00-0.151-0.3120.015
put89.000.120.250.150.545235771-0.209-0.3860.019
put90.000.250.370.280.4848191,054-0.256-0.3930.021
put91.000.440.680.520.5385,8553,243-0.294-0.3230.023
put92.000.791.050.870.5724,849350-0.394-0.3270.025
put93.001.241.721.490.618925103-0.519-0.3430.026
put94.001.872.292.160.734686137-0.630-0.3480.025
put95.002.584.202.211.1182400.00-0.686-0.4090.023
put96.003.055.404.241.51751.002.00-0.730-0.4380.022
put97.003.756.705.071.63321.000.00-0.781-0.4060.019
put98.004.757.654.961.76316.000.00-0.858-0.2770.015
put99.005.708.656.621.88610.000.00-0.899-0.2150.012
put1006.709.657.592.0055.000.00-0.941-0.1320.008
put1017.7010.650.002.1190.000.00-0.967-0.0770.005
put1028.7011.6512.502.23018.000.00-0.985-0.0340.003
put1039.7012.650.002.3370.000.00-0.987-0.0330.002
put10410.7013.657.722.4411.000.00-0.987-0.0330.002
put10511.8014.6512.962.5190.0052.00-0.988-0.0340.002
put10612.7015.6513.942.6170.0054.00-0.989-0.0340.002
put10713.8016.6514.792.7130.002.00-0.989-0.0350.002
put10814.7517.650.002.8060.000.00-0.990-0.0350.002
put10915.7018.6516.352.8970.000.00-0.990-0.0360.002
put11016.7019.6517.852.9871.001.00-0.991-0.0360.002
put11117.7020.6519.133.0742.005.00-0.991-0.0360.002
put11218.7021.6520.133.1601.0062.00-0.991-0.0370.002
put11319.8022.6521.113.2441.0059.00-0.992-0.0370.001
put11420.7023.6521.973.32612.0049.00-0.992-0.0370.001
put11521.7024.6522.843.40713.0048.00-0.992-0.0370.001
put12026.7029.600.003.7910.000.00-0.993-0.0390.001
put12531.5534.6032.374.1460.000.00-0.994-0.0390.001
put13036.7039.6037.354.4750.000.00-0.994-0.0400.001

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-10FWPFiling under Securities Act Rule 163/433 of free writing prospectuses.SEC
2026-11-104Statement of changes in beneficial ownership of securities2026-11-09SEC
2026-11-09144Filing for proposed sale of securities under Rule 144.SEC
2026-11-09424B5SEC
2026-11-0610-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-054Statement of changes in beneficial ownership of securities2026-11-03SEC
2026-11-03144Filing for proposed sale of securities under Rule 144.SEC
2026-11-034Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-10-29144Filing for proposed sale of securities under Rule 144.SEC
2026-10-29144Filing for proposed sale of securities under Rule 144.SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-28SEC
2026-10-28144Filing for proposed sale of securities under Rule 144.SEC
2026-10-158-KCurrent report2026-10-15SEC
2026-10-06CERTSEC
2026-10-068-A12BSEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-09-254Statement of changes in beneficial ownership of securities2026-09-23SEC
2026-09-024Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-08-314Statement of changes in beneficial ownership of securities2026-08-28SEC
2026-08-314Statement of changes in beneficial ownership of securities2026-08-28SEC
2026-08-28144Filing for proposed sale of securities under Rule 144.SEC
2026-08-28144Filing for proposed sale of securities under Rule 144.SEC
2026-08-284Statement of changes in beneficial ownership of securities2026-08-27SEC
2026-08-274Statement of changes in beneficial ownership of securities2026-08-26SEC
2026-08-26144Filing for proposed sale of securities under Rule 144.SEC
2026-08-264Statement of changes in beneficial ownership of securities2026-08-24SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-11008.07M3
2026-100018.59M3
2026-0900346.43K1
2026-080080.96M18
2026-070062.49M15
2026-060000
2026-051.85M131.33M7
2026-040024.98M9
2026-03005.10M5
2026-020073.68M12
2026-010041.02M5
2025-1200204.02K1
2025-11003.66M2

Institutional holders

Manager% owned
BlackRock, Inc.7.73%
VANGUARD CAPITAL MANAGEMENT LLC6.17%
DODGE & COX4.43%
STATE STREET CORP4.21%
JPMORGAN CHASE & CO2.83%
FMR LLC2.63%
PRICE T ROWE ASSOCIATES INC /MD/2.49%
GEODE CAPITAL MANAGEMENT, LLC2.20%
FRANKLIN RESOURCES INC2.10%
VANGUARD PORTFOLIO MANAGEMENT LLC1.55%

Funds

Fund% owned
JPMorgan Strategic Income Opportunities Fund8.91%
Dodge & Cox Income Fund6.08%
Guggenheim Total Return Bond Fund4.24%
First Trust Preferred Securities and Income ETF4.21%
VANGUARD SHORT-TERM INVESTMENT-GRADE FUND3.51%
VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND3.14%
VANGUARD TOTAL STOCK MARKET INDEX FUND3.02%
Dodge & Cox Stock Fund2.95%
Spectrum Preferred and Capital Securities Income Fund2.57%
VANGUARD 500 INDEX FUND2.44%

OakChart. SCHW. Cached 15 minutes.