The Charles Schwab Corporation (SCHW)
Financials ยท Security Brokers, Dealers & Flotation Companies
The Charles Schwab Corporation (SCHW) is listed on the New York Stock Exchange, where its shares have traded since September 30, 1987. SentiSense covers The Charles Schwab Corporation in the Financials sector, and its Standard Industrial Classification is Security Brokers, Dealers & Flotation Companies. Rick Wurster is its chief executive officer. The company reports 33,700 employees, and its corporate website is www.aboutschwab.com.
About The Charles Schwab Corporation
Charles Schwab is one of the largest retail-oriented financial-services companies in the US, with $11.9 trillion in client assets across its brokerage, banking, asset management, custody, financial advisory, and wealth management businesses at the end of 2025. Schwab is best known for its retail brokerage offering but generates the lion's share of its revenue and profits through its Charles Schwab Bank, which is largely funded by idle "sweep" cash in retail investor accounts. The firm is also a dominant player in Registered Investment Advisor (RIA) custody, with over 40% market share, and has recently pushed into wealth management with robo-advisory, direct indexing, and other managed-investment solutions.
Latest reported results
The Charles Schwab Corporation reported revenue of $8.17 billion for Q3 FY2026, up 16.0% from the same period a year earlier.
Institutional ownership
In 13F filings for the quarter ended June 30, 2026, 2,290 institutions reported holding SCHW, with 1.4 billion shares worth $133.0 billion in aggregate. The largest reported holders were Vanguard, BlackRock and Dodge & Cox.
More on SCHW
- SCHW sentiment: whether news and social coverage of The Charles Schwab Corporation leans bullish or bearish, and the stories driving it.
- SCHW ownership: all 2,290 reporting institutions, plus insider and congressional trades.
- SCHW financials: revenue, net income, operating margin and free cash flow through Q3 FY2026.
Frequently asked questions
What does The Charles Schwab Corporation do?
Charles Schwab is one of the largest retail-oriented financial-services companies in the US, with $11.9 trillion in client assets across its brokerage, banking, asset management, custody, financial advisory, and wealth management businesses at the end of 2025.
What sector is SCHW in?
SentiSense classifies The Charles Schwab Corporation in the Financials sector, and its Standard Industrial Classification is Security Brokers, Dealers & Flotation Companies.
Where does SCHW stock trade?
The Charles Schwab Corporation (SCHW) is listed on the New York Stock Exchange, where its shares have traded since September 30, 1987.