SCHWAB CHARLES CORP

SCHWSCHW-PDSCHW-PJ

Security brokers dealers and flotation companies

Last filing · Quarter 2 · Jun 30, 2026

14 more years with Pro

SCHWAB CHARLES CORP back to 2009, every line as filed.

USD ($) $ in Millions	LTM	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Cash Flows from Operating Activities
Net income	$ 10,096	$ 8,852	$ 5,942	$ 5,067
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Provision for loan losses	-	-	-	-
Net impairment losses on securities	-	-	-	-
Share-based compensation	349	317	337	320
Depreciation and amortization	817	850	916	804
Amortization of acquired intangible assets	528	512	519	534
Excess tax benefits from stock-based compensation	-	-	-	-
Loss (income) from discontinued operations, net of tax	-	-	-	-
Provision (benefit) for deferred income taxes	381	361	(191)	(478)
Premium amortization, net, on available for sale and held to maturity securities	665	695	806	830
Other	812	729	552	702
Originations of loans held for sale	-	-	-	-
Proceeds from sales of loans held for sale	-	-	-	-
Net change in:
Investments segregated and on deposit for regulatory purposes	17,804	(4,510)	(14,090)	23,759
Cash and investments segregated and on deposit for regulatory purposes	-	-	-	-
Receivables from brokers, dealers, and clearing organizations	(17,709)	(4,750)	887	-
Receivables from brokerage clients	(40,163)	(19,390)	(16,779)	(2,135)
Other securities owned	-	-	-	-
Other assets	(2,732)	(1,298)	92	(2,020)
Payables to brokers, dealers, and clearing organizations	25,243	12,353	6,688	-
Payables to brokerage clients	14,613	14,782	16,773	(12,652)
Accrued expenses and other liabilities	713	(192)	218	4,856
Net cash provided by discontinued operations	-	-	-	-
Net cash provided by (used for) operating activities	11,417	9,311	2,670	19,587
Net cash provided by operating activities	-	-	-	-
Cash Flows from Investing Activities
Purchases of available for sale securities	(17,568)	(8,496)	(2,986)	(1,487)
Proceeds from sales of available for sale securities	10,873	8,987	3,532	8,465
Purchases of available for sale securities	-	-	-	-
Proceeds from sales of available for sale securities	-	-	-	-
Principal payments on available for sale securities	12,614	22,958	25,589	36,508
Purchases of held to maturity securities	(2,990)	(1,083)	-	-
Principal payments on held to maturity securities	13,742	15,262	14,721	15,461
Net change in bank loans	(16,642)	(12,807)	(4,787)	-
Net change in bank loans	-	-	-	99
Cash acquired in acquisitions, net of cash paid	-	-	-	-
Purchases of equipment, office facilities, and property	(628)	(548)	(620)	(700)
Purchases of FHLB stock	(727)	(1,023)	(895)	(1,869)
Proceeds from sales of FHLB stock	1,095	1,656	1,388	1,344
Purchases of Federal Reserve stock	(2)	(9)	(189)	(221)
Proceeds from sales of Federal Reserve stock	32	11	0	98
Proceeds from sale of U.S. Trust, net of transaction costs	-	-	-	-
Cash (paid) acquired in business acquisitions - net	-	-	-	-
Other investing activities	(654)	(370)	(322)	(287)
Net cash provided by discontinued operations	-	-	-	-
Net cash provided by (used for) investing activities	(1,432)	24,538	35,431	57,411
Net cash used for investing activities	-	-	-	-
Cash Flows from Financing Activities
Net change in bank deposits	16,624	(3,374)	(30,832)	(76,771)
Proceeds from FHLB borrowings	20,860	28,360	23,001	49,200
Repayments of FHLB borrowings	(29,360)	(43,210)	(32,701)	(35,200)
Proceeds from commercial paper and secured lines of credit	-	-	-	-
Repayments of commercial paper and secured lines of credit	-	-	-	-
Proceeds from other short-term borrowings	56,299	37,046	27,017	17,000
Repayments of other short-term borrowings	(50,942)	(36,184)	(27,571)	(15,104)
Issuances of long-term debt	-	1,986	0	6,097
Repayments of long-term debt	(3,125)	(2,248)	(3,682)	(831)
Proceeds from commercial paper and secured lines of credit	-	-	-	-
Repayment of commercial paper and secured lines of credit	-	-	-	-
Repayment of commercial paper	-	-	-	-
Issuance of commercial paper	-	-	-	-
Issuances of long-term debt	-	-	-	-
Repayments of long-term debt	-	-	-	-
Repurchases of common stock and nonvoting common stock	(8,890)	(7,346)	0	(2,842)
Issuance of preferred stock, net	-	-	0	0
Redemption and repurchase of preferred stock	(2,055)	(2,458)	0	(467)
Net proceeds from common stock offering	-	-	-	-
Excess tax benefits from stock-based compensation	-	-	-	-
Dividends paid	(2,401)	(2,329)	(2,275)	(2,276)
Proceeds from stock options exercised	105	156	84	49
Other financing activities	(164)	(101)	(101)	(100)
Net cash provided by discontinued operations	-	-	-	-
Net cash provided by (used for) financing activities	3,648	(29,702)	(47,060)	(61,245)
Increase (Decrease) in Cash and Cash Equivalents, including Amounts Restricted	13,633	4,147	(8,959)	15,753
Net cash provided by financing activities	-	-	-	-
Increase (Decrease) in Cash and Cash Equivalents	-	-	-	-
Supplemental Cash Flow Information
Non-cash investing activity:
Non-cash investing activities:
Common stock issued and equity awards assumed for business acquisitions (See note "3 - Business Acquisitions")	-	-	-	-
Securities purchased during the period but settled after period end	-	-	-	-
Securities transferred from held to maturity to available for sale, at fair value	-	-	-	-
Securities transferred from available for sale to held to maturity, at fair value	-	-	0	0
Changes in accrued equipment, office facilities, and property purchases	647	54	(13)	104
Additions of equipment, office facilities, and property	-	-	-	-
Acquisition of TD Ameritrade	-	-	-	-
Non-cash financing activity:
Common stock repurchased during the period but settled after period end	-	-	0	0
Extinguishment of finance lease obligation through an assignment agreement	-	-	-	-
Cash paid during the year for:
Interest	3,901	4,557	6,655	5,623
Income taxes	-	-	1,491	1,620
Issuance of common stock for business acquisition	-	-	-	-
Transfer of trust related balances to deposits from banking clients	-	-	-	-
Exchange of Senior Notes (See note "14 - Borrowings")	-	-	-	-
Amounts included in the measurement of lease liabilities	241	246	260	255
Leased assets obtained in exchange for new operating lease liabilities	367	322	153	118
Transfers from other sweep features to bank sweep	-	-	-	-
Leased assets obtained in exchange for new finance lease liabilities	$ 11	$ 11	$ 0	$ 48