02/01/23 12:23 PMNYSE, Nasdaq : SCHW, SWTXX Schwab Recognized in 2023 FORTUNE World’s Most Admired Companies List for Sixth Consecutive YearThe Charles Schwab Corporation today announced that it has been named as one of FORTUNE magazine’ s top 50 World's Most Admired Companies for the sixth consecutive year. “I am grateful to all of our Schwabbies for their unwavering commitment to championing every client’ s goals with passion and integrity– especially during a momentous year when we look to...RHEA-AIpositive
01/30/23 1:16 PMNYSE, Nasdaq : SCHW, SWTXX Charles Schwab Named No. 1 Online Broker by Investor’s Business DailyCharles Schwab has been named the top online brokerage firm by Investor’ s Business Daily. In its 11 th annual report of the Best Online Stock Brokers, Schwab ranked first in seven of the 18 performance categories: Customer Service, Investment Research, Timely Information on Market Shifts, Incentives/Discounts/Pricing, Up-to-the-Minute Data on Inflation&...RHEA-AIvery positive
01/26/23 4:50 PMNYSE, Nasdaq : SCHW, SWTXX dividendsSchwab Declares 14% Increase in Quarterly Common Stock Dividend and Declares Preferred Stock DividendsThe Board of Directors of The Charles Schwab Corporation at its meeting today declared a 3 cent, or 14%, increase in the regular quarterly cash dividend to $0.25 per common share. The Charles Schwab Corporation is a leading provider of financial services, with 33.8 million active brokerage accounts, 2.4 million corporate retirement plan participants, 1.7...RHEA-AIneutral
01/24/23 9:00 AMNYSE, Nasdaq : SCHW, SWTXX acquisitionThe Charles Schwab Corporation Expands Capabilities to Serve Multifamily and Single Family Offices Through Acquisition of The Family Wealth AllianceThe Charles Schwab Corporation today announced it has acquired The Family Wealth Alliance, a leading community and provider of resources to family wealth firms serving ultra-high net worth clients. Founded in 2003, The Family Wealth Alliance is a membership organization that serves the family wealth community including multifamily advisory firms,...RHEA-AIvery positive
01/19/23 10:00 AMNYSE, Nasdaq : SCHW, SWTXX Charles Schwab and Girl Scouts of the USA Modernize Curriculum for Financial Literacy BadgesIn time for Girl Scout Cookie season, Charles Schwab announced a partnership with Girl Scouts of the USA to modernize and relaunch the Girl Scouts' financial literacy badges for girls from kindergarten through high school. The new financial literacy curriculum includes topics like building wealth, entrepreneurship, fraud awareness, budgeting for...RHEA-AIpositive
01/18/23 8:45 AMNYSE, Nasdaq : SCHW, SWTXX earningsSchwab Reports Record Full-year Earnings Per ShareThe Charles Schwab Corporation announced today that its net income for the fourth quarter of 2022 was $2.0 billion, up 25% from $1.6 billion for the fourth quarter 2021. Net income for the twelve months ended December 31, 2022 was a record $7.2 billion, an increase of 23% versus the prior year. At the same time, the Federal Reserve tightened short-term rates at the...RHEA-AIpositive
01/05/23 8:45 AMNYSE, Nasdaq : SCHW, SWTXX Schwab Announces Its Winter Business UpdateThe Charles Schwab Corporation announced today that it has scheduled a Winter Business Update for institutional investors on Friday, January 27 th. The Charles Schwab Corporation is a leading provider of financial services, with 33.6 million active brokerage accounts, 2.3 million corporate retirement plan participants, 1.7 million banking accounts, and...RHEA-AIneutral
12/16/22 3:45 PMNYSE, Nasdaq : SCHW, SWTXX Dynasty Financial Partners Closes Minority Private Capital Raise to Fuel the Growth of Its Offering to ClientsDynasty Financial Partners today announced the company has closed a minority private capital raise, adding Abry Partners and The Charles Schwab Corporation as new minority investors. Several of Dynasty’ s existing investors and directors of the board have invested additional capital alongside Abry and Schwab in the round.RHEA-AIvery positive
12/16/22 9:00 AMNYSE : SCHW Schwab Asset Management Announces Zero Capital Gains Distributions for Schwab ETFs for 2022Schwab Asset Management, the asset management arm of The Charles Schwab Corporation and the fifth largest provider of ETFs with more than $260 billion in assets 1, announced today there will be no capital gains distributions for the 2022 tax year by any of the 29 exchange-traded funds in the Schwab ETF family. “Schwab Asset Management has a legacy of lowering...RHEA-AIneutral
12/14/22 8:45 AMNYSE, Nasdaq : SCHW, SWTXX Schwab Reports Monthly Activity HighlightsThe Charles Schwab Corporation released its Monthly Activity Report today. Net new assets excluding mutual fund clearing totaled $35.0 billion. Total client assets were $7.32 trillion as of month-end November, down 8% from November 2021 and up 5% compared to October 2022. Client cash as a percentage of assets was 11.5% as of month-end November, compared with...RHEA-AIneutral
