← SCHWAB CHARLES CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $1.9b |
$2.4b
+24.62%
|
$3.5b
+48.98%
|
$3.7b
+5.62%
|
$3.3b
-10.93%
|
$5.9b
+77.48%
|
$7.2b
+22.68%
|
$5.1b
-29.46%
|
$5.9b
+17.27%
|
$8.9b
+48.97%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $1.7b |
$2.2b
+24.86%
|
$3.3b
+52.71%
|
$3.5b
+5.92%
|
$3.0b
-13.70%
|
$5.4b
+76.14%
|
$6.6b
+23.79%
|
$4.6b
-29.93%
|
$5.5b
+17.83%
|
$8.4b
+53.65%
|
— | |
| Amortization of Intangible Assets | $37.0m | $37.0m | $29.0m | $27.0m | $190.0m | $615.0m | $596.0m | $534.0m | $519.0m | $512.0m | — | |
| Amortization of acquired intangible assets | — | — | $29.0m | $27.0m | $190.0m | $615.0m | $596.0m | $534.0m | $519.0m | $512.0m | — | |
| Depreciation | $197.0m | $232.0m | $277.0m | $322.0m | $414.0m | $549.0m | $652.0m | $804.0m | $916.0m | $850.0m | $817.0m | |
| Depreciation and amortization | $234.0m | $269.0m | $306.0m | $349.0m | $414.0m | $549.0m | $652.0m | $804.0m | $916.0m | $850.0m | $1.3b | |
| Premium amortization, net, on available for sale and held to maturity securities | $266.0m | $342.0m | $350.0m | $446.0m | $1.6b | $2.3b | $1.4b | $830.0m | $806.0m | $695.0m | — | |
| Deferred Income Tax Expense (Benefit) | $15.0m | $58.0m | $49.0m | $2.0m | ($138.0m) | $53.0m | ($18.0m) | ($478.0m) | ($191.0m) | $361.0m | $381.0m | |
| Share-based Payment Arrangement, Noncash Expense | $141.0m | $153.0m | $197.0m | $183.0m | $204.0m | $254.0m | $366.0m | $320.0m | $337.0m | $317.0m | $349.0m | |
| Share-based compensation | $141.0m | $153.0m | $197.0m | $183.0m | $204.0m | $254.0m | $366.0m | $320.0m | $337.0m | $317.0m | $349.0m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Operating Lease, Impairment Loss | — | — | — | — | — | — | — | $157.0m | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Receivables from brokerage clients | $150.0m | ($3.4b) | ($1.1b) | ($125.0m) | ($14.6b) | ($26.2b) | $23.9b | ($2.1b) | ($16.8b) | ($19.4b) | — | |
| Receivables from brokers, dealers, and clearing organizations | ($147.0m) | $74.0m | $96.0m | — | — | — | $172.0m | ($451.0m) | $887.0m | ($4.8b) | — | |
| Payables to brokerage clients | $2.7b | ($4.7b) | $1.5b | $6.5b | $22.9b | $21.5b | ($28.2b) | ($12.7b) | $16.8b | $14.8b | — | |
| Payables to brokers, dealers, and clearing organizations | ($181.0m) | ($1.1b) | $573.0m | — | — | — | ($2.8b) | $1.8b | $6.7b | $12.4b | — | |
| Accrued expenses and other liabilities | $167.0m | $421.0m | $40.0m | ($241.0m) | $2.9b | $1.3b | ($3.5b) | $4.9b | $218.0m | ($192.0m) | — | |
| Changes in accrued equipment, office facilities, and property purchases | — | — | — | — | $110.0m | $125.0m | ($19.0m) | $104.0m | ($13.0m) | $54.0m | — | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | $58.0m | ($35.0m) | ($17.0m) | $15.0m | — | |
| Increase (Decrease) in Other Operating Assets | $93.0m | $177.0m | $104.0m | $709.0m | ($4.0m) | $1.2b | ($99.0m) | $2.0b | ($92.0m) | $1.3b | — | |
| Other | $9.0m | $51.0m | $137.0m | $199.0m | $349.0m | $372.0m | $490.0m | $702.0m | $552.0m | $729.0m | — | |
| Other assets | ($93.0m) | ($177.0m) | ($104.0m) | ($709.0m) | $4.0m | ($1.2b) | $99.0m | ($2.0b) | $92.0m | ($1.3b) | — | |
| Net Cash Provided by (Used in) Operating Activities | $2.7b |
$1.3b
-52.55%
|
$12.5b
+886.22%
|
$9.3b
-25.14%
|
$6.9b
-26.52%
|
$2.1b
-69.09%
|
$2.1b
-2.88%
|
$19.6b
+852.21%
|
$2.7b
-86.37%
|
$9.3b
+248.73%
|
$11.4b
+22.62%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $346.0m | $400.0m | $570.0m | $708.0m | $631.0m | $916.0m | $971.0m | $700.0m | $620.0m | $548.0m | ($628.0m) | |
| Investments segregated and on deposit for regulatory purposes | ($1.6b) | $4.9b | $6.9b | ($977.0m) | ($10.2b) | ($3.4b) | ($874.0m) | $23.8b | ($14.1b) | ($4.5b) | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $11.9b | $9.1b | $16.0b | $21.6b | $63.2b | $94.9b | $49.9b | $36.5b | $25.6b | $23.0b | — | |
| Other investing activities | ($39.0m) | ($59.0m) | ($96.0m) | ($56.0m) | $15.0m | ($143.0m) | ($136.0m) | ($287.0m) | ($322.0m) | ($370.0m) | — | |
| Payments for (Proceeds from) Other Investing Activities | $39.0m | $59.0m | $96.0m | $56.0m | ($15.0m) | $143.0m | $136.0m | $287.0m | $322.0m | $370.0m | — | |
| Net cash provided by (used for) investing activities | ($38.8b) | ($20.5b) | ($40.6b) | $12.0b | ($125.9b) | ($75.7b) | $32.0b | $57.4b | $35.4b | $24.5b | — | |
| Net Cash Provided by (Used in) Investing Activities | ($38.8b) | ($20.5b) | ($40.6b) | $12.0b | ($125.9b) | ($75.7b) | $32.0b | $57.4b | $35.4b | $24.5b | ($1.4b) | |
| Cash flows from financing activities: | ||||||||||||
| Issuances of long-term debt | — | — | — | — | $3.1b | $7.0b | $3.0b | $6.1b | $0 | $2.0b | — | |
| Proceeds from FHLB borrowings | — | — | — | — | — | $0 | $12.5b | $49.2b | $23.0b | $28.4b | — | |
| Proceeds from Issuance of Long-term Debt | — | $2.1b | $3.0b | $593.0m | $3.1b | $7.0b | $3.0b | — | — | — | $26.1b | |
| Proceeds from other short-term borrowings | — | — | — | — | $0 | $0 | $16.8b | $17.0b | $27.0b | $37.0b | — | |
| Repayments of FHLB borrowings | — | — | — | — | — | $0 | ($104.0m) | ($35.2b) | ($32.7b) | ($43.2b) | — | |
| Repayments of Long-term Debt | $7.0m | $257.0m | $909.0m | $0 | $700.0m | $1.8b | $1.0b | $831.0m | $3.7b | $2.2b | ($32.5b) | |
| Repayments of other short-term borrowings | — | — | — | — | — | ($6.3b) | ($21.1b) | ($15.1b) | ($27.6b) | ($36.2b) | — | |
| Payments for Repurchase of Common Stock | — | — | $1.0b | $2.2b | $0 | $0 | $3.4b | $2.8b | $0 | $7.3b | — | |
| Repurchases of common stock and nonvoting common stock | $0 | $0 | ($1.0b) | ($2.2b) | $0 | $0 | ($3.4b) | ($2.8b) | $0 | ($7.3b) | — | |
| Dividends paid | $486.0m | $592.0m | $787.0m | $1.1b | $1.3b | $1.8b | $2.1b | $2.3b | $2.3b | $2.3b | ($2.4b) | |
| Payments of Dividends | $486.0m | $592.0m | $787.0m | $1.1b | $1.3b | $1.8b | $2.1b | $2.3b | $2.3b | $2.3b | ($2.4b) | |
| Other financing activities | $44.0m | ($45.0m) | ($54.0m) | ($41.0m) | ($55.0m) | ($104.0m) | ($94.0m) | ($100.0m) | ($101.0m) | ($101.0m) | — | |
| Net cash provided by (used for) financing activities | $35.0b |
$22.6b
-35.36%
|
$47.2b
+108.71%
|
($13.9b)
-129.55%
|
$144.0b
+1132.94%
|
$96.3b
-33.10%
|
($68.7b)
-171.35%
|
($61.2b)
+10.88%
|
($47.1b)
+23.16%
|
($29.7b)
+36.88%
|
— | |
| Net Cash Provided by (Used in) Financing Activities | $35.0b |
$22.6b
-35.36%
|
$47.2b
+108.71%
|
($13.9b)
-129.55%
|
$144.0b
+1132.94%
|
$96.3b
-33.10%
|
($68.7b)
-171.35%
|
($61.2b)
+10.88%
|
($47.1b)
+23.16%
|
($29.7b)
+36.88%
|
$3.6b
+112.28%
|
|
| Increase (Decrease) in Cash and Cash Equivalents, including Amounts Restricted | ($209.0m) | $1.3b | $19.1b | $7.3b | $25.0b | $22.8b | ($34.6b) | $15.8b | ($9.0b) | $4.1b | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($209.0m) | $1.3b | $19.1b | $7.3b | $25.0b | $22.8b | ($34.6b) | $15.8b | ($9.0b) | $4.1b | $69.2b | |
| Cash and Cash Equivalents, including Amounts Restricted at Beginning of Year | $17.9b | $19.2b | $38.2b | $45.6b | $70.6b | $93.3b | $58.7b | $74.5b | $65.5b | $69.7b | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($209.0m) | $1.3b | $38.2b | $45.6b | $70.6b | $93.3b | $58.7b | $74.5b | $65.5b | $69.7b | $69.2b | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Additional Financial Items | ||||||||||||
| Amounts included in the measurement of lease liabilities | — | — | — | $133.0m | $163.0m | $212.0m | $228.0m | $255.0m | $260.0m | $246.0m | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | ($5.0m) | $0 | — | — | $10.0m | ($12.0m) | — | — | — | — | — | |
| Goodwill | $1.2b | $1.2b | $1.2b | $1.2b | $12.0b | $12.0b | $12.0b | $12.0b | $12.0b | $12.0b | — | |
| Income Tax Expense (Benefit) | $1.1b | $1.3b | $1.1b | $1.1b | $1.0b | $1.9b | $2.2b | $1.3b | $1.8b | $2.6b | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $1.6b | — | |
| Interest | $160.0m | $327.0m | $798.0m | $1.1b | $434.0m | $501.0m | $1.4b | $5.6b | $6.7b | $4.6b | $3.9b | |
| Leased assets obtained in exchange for new finance lease liabilities | — | — | — | $0 | $0 | $109.0m | $4.0m | $48.0m | $0 | $11.0m | — | |
| Leased assets obtained in exchange for new operating lease liabilities | — | — | — | $97.0m | $160.0m | $89.0m | $274.0m | $118.0m | $153.0m | $322.0m | — | |
| Net change in bank deposits | $34.0b | $6.2b | $61.8b | ($11.3b) | $137.9b | $85.8b | ($77.1b) | ($76.8b) | ($30.8b) | ($3.4b) | — | |
| Net change in bank loans | — | ($1.1b) | ($129.0m) | ($1.7b) | ($5.7b) | ($10.8b) | ($5.8b) | $99.0m | ($4.8b) | ($12.8b) | — | |
| Principal payments on available for sale securities | $11.9b | $9.1b | $16.0b | $21.6b | $63.2b | $94.9b | $49.9b | $36.5b | $25.6b | $23.0b | — | |
| Principal payments on held to maturity securities | $5.7b | $11.6b | $17.4b | $19.6b | $0 | $0 | $15.7b | $15.5b | $14.7b | $15.3b | — | |
| Proceeds from Stock Options Exercised | $144.0m | $171.0m | $125.0m | $118.0m | $79.0m | $221.0m | $64.0m | $49.0m | $84.0m | $156.0m | — | |
| Proceeds from sales of FHLB stock | $88.0m | $106.0m | $529.0m | $24.0m | $32.0m | $0 | $19.0m | $1.3b | $1.4b | $1.7b | — | |
| Proceeds from sales of Federal Reserve stock | — | — | — | — | $0 | $0 | $197.0m | $98.0m | $0 | $11.0m | — | |
| Proceeds from sales of available for sale securities | $5.5b | $8.6b | $115.0m | $24.5b | $4.8b | $13.3b | $24.7b | $8.5b | $3.5b | $9.0b | — | |
| Purchases of FHLB stock | ($152.0m) | ($430.0m) | ($156.0m) | ($27.0m) | ($26.0m) | $0 | ($518.0m) | ($1.9b) | ($895.0m) | ($1.0b) | — | |
| Purchases of Federal Reserve stock | — | — | $0 | $0 | ($191.0m) | ($245.0m) | ($106.0m) | ($221.0m) | ($189.0m) | ($9.0m) | — | |
| Purchases of available for sale securities | ($29.2b) | ($15.0b) | ($32.8b) | ($31.8b) | ($202.2b) | ($171.7b) | ($51.0b) | ($1.5b) | ($3.0b) | ($8.5b) | — | |
| Purchases of held to maturity securities | ($31.2b) | ($32.9b) | ($40.9b) | ($19.4b) | $0 | $0 | — | $0 | $0 | ($1.1b) | — | |
| Redemption and repurchase of preferred stock | $0 | ($485.0m) | $0 | $0 | $0 | ($600.0m) | ($1.0b) | ($467.0m) | $0 | ($2.5b) | — | |
| Supplemental disclosure of cash flow information: |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.