secwatch.observer — SEC 8-K summary
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Issuer:     SCHWAB CHARLES CORP (SCHW)
CIK:        0000316709
Form:       8-K
Filed at:   2025-01-21T23:59:59+00:00
Accession:  0000316709-25-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Schwab Q4 earnings: adj EPS $1.01 (+49% YoY), revenue $5.3B (+20%)
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- Q4 GAAP EPS $0.94, adj EPS $1.01; net income $1.84B (+76% YoY), adj net income $1.974B (+44%).
- Net revenues $5.33B (+20% YoY); pre-tax margin GAAP 43.3%, adj 46.6%.
- Core net new assets $114.8B in Q4, $366.9B for 2024 (+20% vs 2023); total client assets $10.10T (+19%).
- Managed Investing Solutions full-year net inflows record $55B; new brokerage accounts +23% YoY to 1.1M.
- Bank supplemental funding reduced to $49.9B, down ~50% from peak; margin balances $83.8B (+15% seq).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/316709/000031670925000005/0000316709-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/316709/000031670925000005/schw-20250121.htm
  HTML page:      https://secwatch.observer/filing/0000316709-25-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer