Welcome to our dedicated page for Schwab (CHARLES) (The) news (Ticker: SCHW), a resource for investors and traders seeking the latest updates and insights on Schwab (CHARLES) (The) stock.
Charles Schwab Corporation (NYSE: SCHW) is a leading provider of wealth management, brokerage, and banking services to individual investors and institutions. This dedicated news hub delivers timely updates on the company’s strategic initiatives, financial performance, and market developments.
Investors and analysts rely on this resource for verified SCHW press releases, earnings reports, and curated news coverage. Track material events including dividend announcements, regulatory filings, leadership changes, and product launches—all centralized for efficient research.
The page organizes updates into key categories such as quarterly earnings disclosures, merger & acquisition activity, corporate governance updates, and service expansions. Each entry provides direct access to primary sources and contextual analysis.
Bookmark this page to monitor how Schwab’s hybrid advisory-digital model adapts to evolving markets. Check regularly for developments impacting the brokerage sector and SCHW’s competitive positioning in financial services.
The SDBA Indicators Report from Charles Schwab reveals that the average account balance across self-directed brokerage accounts (SDBAs) in Q1 2022 was
The Charles Schwab Corporation has declared a dividend of
The Charles Schwab Corporation's Monthly Activity Report for April 2022 revealed significant client cash disbursements, totaling negative $9.2 billion in net new assets. Excluding mutual fund clearing, the negative total stands at $6.5 billion. Total client assets reached $7.28 trillion, marking a 1% decline year-on-year and a 7% decrease from March 2022. Average interest-earning assets increased by 21% year-over-year to $636.7 billion. CFO Peter Crawford noted that the high outflows during tax season reflect past portfolio actions, hinting at potential future rebalancing as interest rates rise.
Charles Schwab has unveiled the Champion’s Prize for the 2022 Charles Schwab Challenge, featuring a restored 1979 Schwab Firebird, commemorating a pivotal year in the firm's tech investments. The PGA TOUR event will take place from May 26-29 in Fort Worth, Texas. Additionally, country singer Jake Owen has recorded a new version of 'East Bound and Down' to celebrate the Firebird. This is Schwab's fourth consecutive year as the title sponsor, highlighting its commitment to innovation and the local golf community.
The Charles Schwab Corporation has declared a quarterly cash dividend of $0.20 per common share, payable on May 27, 2022. Stockholders on record by May 13, 2022 will receive this payment. Additionally, dividends were announced for various series of preferred stock, with payment dates set for June 1, 2022. The dividends include $14.88 for Series D, $980.82 for Series E, and others varying by series. Schwab currently manages approximately $7.86 trillion in client assets, holding over 33.6 million active brokerage accounts.
During Schwab Volunteer Week, a record 9,000 Charles Schwab employees volunteered across nearly 400 nonprofits in response to the pandemic's impact on communities. This year's event highlights financial literacy, with over 500 volunteers educating teens through the Moneywise America program. Schwab Volunteer Week, now in its 19th year, has expanded significantly from its inception in 2004 with just over 1,000 volunteers. The initiative includes 800+ projects, such as facilitating financial workshops and building homes with Habitat for Humanity.