Highest-materiality recent filing
Schwab issues $2.25B in senior notes; $1B 4.744% notes due 2030 and $1.25B 5.493% notes due 2037
Issued $1B of 4.744% Fixed-to-Floating Senior Notes due 2030 and $1.25B of 5.493% Fixed-to-Floating Senior Notes due 2037.
Schwab issues 1.5M depositary shares of 6.1% Series L preferred stock, netting ~$1.48B
Issued 1,500,000 depositary shares each representing 1/100th of a share of 6.100% fixed-rate reset non-cumulative perpetual preferred stock, Series L.
Schwab reports record Q1 revenue $6.5B, EPS $1.37 GAAP, $1.43 adjusted, up 38% YoY
Net revenues of $6.482B (+16% YoY); GAAP EPS $1.37, adjusted EPS $1.43 (both up 38% YoY).
Schwab completes acquisition of Forge Global for $45 per share in cash
Acquisition closed March 2, 2026; Forge shareholders received $45 cash per share.
Schwab announces executive transitions; bank CEO and auditor to retire July 1, 2026
Paul Woolway, CEO of Charles Schwab Bank, retires July 1, 2026; Tyler Woulfe named successor.
Schwab reports record Q4 revenue $6.3B, adjusted EPS $1.39 (+38% YoY); FY25 net income up 49%
Q4 GAAP EPS $1.33, adjusted $1.39; net revenues record $6.336B (+19% YoY).
Schwab issues $2B in senior notes; $1B at 4.343% due 2031, $1B at 4.914% due 2036
Issued $1B of 4.343% Fixed-to-Floating Senior Notes due 2031.
Schwab to acquire Forge Global for ~$660M, expanding private market access
Schwab acquires all Forge common shares at $45 cash per share, total value ~$660M.
Schwab Q3 record revenue $6.1B, adj EPS $1.31 up 70% YoY; net new assets $137.5B
GAAP net income $2.4B ($1.26 EPS); adjusted net income $2.5B ($1.31 EPS), up 70% YoY.
Schwab Q2 2025: record EPS $1.08, revenue $5.85B (+25% YoY), client assets $10.76T
GAAP net income $2.1B, diluted EPS $1.08; adjusted EPS $1.14, up 56% YoY.
Net revenues of $5.599B, up 18% YoY; GAAP net income $1.909B (+40%), GAAP EPS $.99 (+46%).
Schwab completes $13.1B secondary offering; TD exits, two directors resign
TD Group US Holdings sold 165.4M shares at $79.25/share for $13.1B total; Schwab received no proceeds.
Schwab launches secondary offering as TD exits 10.1% stake; $1.5B repurchase planned
TD Group US Holdings LLC offers 184.7M shares (10.1% economic stake) in public secondary offering.
Schwab Q4 earnings: adj EPS $1.01 (+49% YoY), revenue $5.3B (+20%)
Q4 GAAP EPS $0.94, adj EPS $1.01; net income $1.84B (+76% YoY), adj net income $1.974B (+44%).
Schwab reports Q3 2024 net income of $1.4B, EPS $0.71, record client assets $9.92T
Net revenues grew 5% year-over-year to $4.8B in Q3 2024.
Schwab CEO Walt Bettinger to retire Dec 31, 2024; President Rick Wurster named successor
Bettinger steps down as CEO effective Dec 31, 2024, becomes Executive Co-Chairman alongside founder Charles Schwab.
Schwab names Michael Verdeschi as CFO effective October 1, 2024
Michael Verdeschi appointed Managing Director and CFO, succeeding Peter B. Crawford, effective Oct 1, 2024.
Schwab reports record $9.4T client assets; core net new assets up 17% to $61.2B in Q2
Net income $1.33B, diluted EPS $0.66 GAAP; adjusted EPS $0.73 (down 3% YoY).
Schwab announces CFO retirement, COO shift to bank chair; Verdeschi joins as deputy CFO
CFO Peter Crawford to retire after 22 years; Mike Verdeschi to join May 20 as Deputy CFO, expected to succeed as CFO.
Schwab Q1 GAAP EPS $0.68, adjusted $0.74; core net new assets $96B; record client assets $9.1T
Net revenues $4.74B, down 7% YoY but up 6% sequentially; GAAP net income $1.36B ($0.68 EPS); adjusted net income $1.47B ($0.74 EPS).
On March 31, 2025, Todd M. Ricketts notified the Board of Directors (the “Board”) of The Charles Schwab Corporation of his intention to retire from the Board effective October 7, 2025.
Pursuant to the terms of the TD stockholder agreement and the resignation letters, Mr. Levitt and Mr. Masrani resigned from the board of directors of the Company as of the effective date.
Pursuant to the terms of the TD stockholder agreement and the resignation letters, Mr. Levitt and Mr. Masrani resigned from the board of directors of the Company as of the effective date.
Mr. Wurster was appointed as a member of the Board to fill such vacancy, effective as of the Transition Date, and will hold such office until the election of the class of directors whose term expires at the 2026 annual meeting of stockholders.
Also, on September 30, 2024, the Board appointed Richard A. Wurster to succeed Mr. Bettinger as CEO, effective as of January 1, 2025 (the “Transition Date”).
Following the Transition Date, Mr. Bettinger will cease to serve as the CEO but will continue to serve, along with Charles R. Schwab, as the Executive Co-Chairman of the Board.
appointed Michael Verdeschi to succeed Peter B. Crawford as the Company’s Managing Director and Chief Financial Officer, effective as of October 1, 2024.
appointed Michael Verdeschi to succeed Peter B. Crawford as the Company’s Managing Director and Chief Financial Officer, effective as of October 1, 2024.
Joseph R. Martinetto notified The Charles Schwab Corporation (the “Company”) of his resignation from his position as Managing Director and Chief Operating Officer of the Company, effective as of June 28, 2024.
Peter B. Crawford notified the Company of his intent to retire from his Managing Director and Chief Financial Officer position at the Company following a planned transition period with the effective date of his retirement to be determined in the future.
Max materiality 0.90 · Median 0.70 · Most common event earnings