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Bank stocks rally in sharp reversal from previous session
First Republic (FRC) and other regional banks are up sharply, in a stunning reversal from the previous session when the sector was hammered following the collapse of Silicon Valley Bank. First Republic shares are up more than 55% after los…
Stocks moving in after-hours: United Airlines, First Republic, Charles Schwab
United Airlines (UAL) United Airlines stock fell more than 7% after the company said it expects to see a quarterly loss stemming from its labor contract. United now sees a first-quarter loss of 60 cents to $1 per share. Analysts had been e…
Analyst Sees Entry Opportunity in Sinking Bank Stock
The bank sector is under pressuretodayamid the collapse of SVB Financial Group (SIVB). Charles Schwab Corporation (NYSE:SCHW) stock is down 10.7% at $52.43 at last check, as traders worry about regional lenders' financial health amid inter…
Wall Street analysts make big calls on bank stocks in wake of SVB failure
Wall Street analysts are wasting no time trying to make some big calls on stocks that have been swept up into the discussion of the Silicon Valley Bank and Signature Bank meltdowns, even if it means forgetting the stock-picking lessons lea…
Charles Schwab stock falls as it assures company is 'well-positioned' amid financial sector turmoil
Charles Schwab's stock fell as much as 23% on Monday — its biggest daily decline on record despite assurances from the financial services company that it has plenty of funds. “We have access to significant liquidity, including an estimated…
WESTLAKE, Texas, March 13, 2023--(BUSINESS WIRE)--The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of February 2023 include: This press release features multimedia. View the full r…
‘Buy the Dip in Bank Stocks,’ Goldman Sachs Says. Here Are 2 Names to Consider
Last week ended with the worst day for bank stocks since the financial crisis of 2008. The collapse of Silicon Valley Bank, the country’s 16th largest banking firm and the lender of first resort for the start-ups of California’s tech world…
What every Zscaler investor needs to know about the stock
We often talk about movers, how companies are performing in the stock market, but we don’t always know what these companies do. And more importantly, what do investors need to know? We go behind the ticker: Zscaler (ZS) is a fast growing c…
WESTLAKE, Texas, February 14, 2023--(BUSINESS WIRE)--The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of January 2023 include: This press release features multimedia. View the full…
Investing in Charles Schwab (NYSE:SCHW) three years ago would have delivered you a 77% gain
By buying an index fund, you can roughly match the market return with ease. But if you pick the right individual stocks, you could make more than that. For example, The Charles Schwab Corporation (NYSE:SCHW) shareholders have seen the shar…
Schwab Recognized in 2023 FORTUNE World’s Most Admired Companies List for Sixth Consecutive Year
WESTLAKE, Texas, February 01, 2023--(BUSINESS WIRE)--The 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. The annual survey…
The Money Move That Has People Ditching Their Bank Accounts
More people are banking with companies that hold their 401(k)s, as many brokerages now offer the same features as a standard checking account but pay higher interest. Continue reading
Charles Schwab Named No. 1 Online Broker by Investor’s Business Daily
WESTLAKE, Texas, January 30, 2023--(BUSINESS WIRE)--Charles Schwab has been named the top online brokerage firm by Investor’s Business Daily (IBD). In its 11th annual report of the Best Online Stock Brokers, Schwab ranked first in seven of…
Schwab Declares 14% Increase in Quarterly Common Stock Dividend and Declares Preferred Stock Dividends
WESTLAKE, Texas, January 26, 2023--(BUSINESS WIRE)--The 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 div…
The Charles Schwab Corporation Expands Capabilities to Serve Multifamily and Single Family Offices Through Acquisition of The Family Wealth Alliance
Schwab Advisor Services and The Family Wealth Alliance will continue mutual focus on building community and offering value-added knowledge and resources for multifamily and single family wealth firms WESTLAKE, Texas, January 24, 2023--(BUS…
Charles Schwab and Girl Scouts of the USA Modernize Curriculum for Financial Literacy Badges
New Girl Scouts curriculum addresses gender bias, fosters economic empowerment, and aligns to current financial education best practices WESTLAKE, Texas, January 19, 2023--(BUSINESS WIRE)--In time for Girl Scout Cookie season, Charles Schw…
Charles Schwab stock was down more than 3% Wednesday after the brokerage reported fourth-quarter results that fell short of expectations. Schwab [said it earned](https://pressroom.aboutschwab.com/press-releases/press-release/2023/Schwab-Re…
Schwab Reports Record Full-year Earnings Per Share
Gathered $428 Billion in Annual Core Net New Assets; Added More Than 4 Million New Accounts 2022 Revenues Grew 12% to $20.8 Billion; Earnings per Share Increased to $3.50, $3.90 Adjusted (1) WESTLAKE, Texas, January 18, 2023--(BUSINESS WIR…
WESTLAKE, Texas, January 05, 2023--(BUSINESS WIRE)--The Charles Schwab Corporation announced today that it has scheduled a Winter Business Update for institutional investors on Friday, January 27th. This Update, which will be available via…
Upgrade, Bull Signal Bode Well for Charles Schwab Stock
Charles Schwab Corporation(NYSE:SCHW) was last seen up 1.4% to trade at $83.15, after Goldman Sachs upgraded the shares to "buy" from "neutral" with a $98 price target. According to the analyst, Charles Schwab has an "under-appreciated ear…
Schwab Asset Management Announces Zero Capital Gains Distributions for Schwab ETFs for 2022
WESTLAKE, Texas, December 16, 2022--(BUSINESS WIRE)--Schwab Asset Management, the asset management arm of The Charles Schwab Corporation and the fifth largest provider of ETFs with more than $260 billion in assets1, announced today there w…
WESTLAKE, Texas, December 14, 2022--(BUSINESS WIRE)--The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of November 2022 include: This press release features multimedia. View the ful…
Hong Kong's Rising Affluents Focus on Diversification and Advice as Macro Challenges Weigh on Overall Financial Confidence
Hong Kong's rising affluents look for greater financial advice and overseas investments as inflation concerns and volatile markets weigh on overall financial confidence, according to Charles Schwab's latest survey HONG KONG, Dec. 13, 2022…
Charles Schwab Announces Recipients of 2022-2023 Financial Planning Scholarships
The $3.5 million Charles Schwab Scholars in Financial Planning Endowed Scholarship program aims to foster diverse talent in financial services WESTLAKE, Texas, November 21, 2022--(BUSINESS WIRE)--Charles Schwab today announced the eight sc…
Schwab Q4 Trader Sentiment Survey: A Recession May Already Be Here, But Traders Say It Will Be Short Lived
Despite bearish outlook, 55% say a "January Effect" is likely to drive markets higher at the start of 2023 WESTLAKE, Texas, November 15, 2022--(BUSINESS WIRE)--The latest Charles Schwab Trader Sentiment Survey reveals that nearly 60% of tr…
WESTLAKE, Texas, November 14, 2022--(BUSINESS WIRE)--The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of October 2022 include: This press release features multimedia. View the full…
Charles Schwab Foundation Makes Nearly $600,000 in Grants and Scholarships to Support Financial Literacy in Dallas-Fort Worth
WESTLAKE, Texas, November 07, 2022--(BUSINESS WIRE)--Building on its decades-long commitment to financial literacy, Charles Schwab commemorated the one-year anniversary of its signature financial education program, Moneywise America™, by w…
Schwab to Again Host the Charles Schwab Cup Championship at Phoenix Country Club, Its 19th Year as Sponsor of the Event
Will also host ‘On Course Foundation’ Golf Training Event For Veterans WESTLAKE, Texas, November 07, 2022--(BUSINESS WIRE)--Charles Schwab today announced that the company will again host the Charles Schwab Cup Championship, the final even…
Schwab Advisor Services Expands Campaign Educating Investors on the Advantages of Working with Independent Advisors
Online directory that helps investors find and research RIAs now features advisors who custody with TD Ameritrade. WESTLAKE, Texas, November 02, 2022--(BUSINESS WIRE)--Schwab Advisor ServicesTM continues to expand and enhance its trailblaz…
Schwab Advisor Services™ Expands Ability for Matchmaking Between Advisor Firms
WESTLAKE, Texas, November 02, 2022--(BUSINESS WIRE)--Schwab Advisor Services™ is expanding its RIAConnect® platform to provide greater support to firms who custody with both Schwab and TD Ameritrade (TDA) to make the right connections with…
The Charles Schwab Corporation Announces Appointment of New Board Member
WESTLAKE, Texas, October 28, 2022--(BUSINESS WIRE)--The Charles Schwab Corporation today announced its Board of Directors has approved the appointment of Carrie Schwab-Pomerantz as a director, effective immediately. Schwab-Pomerantz is cur…
Schwab Declares Common Stock Dividend and Declares Preferred Stock Dividends
WESTLAKE, Texas, October 26, 2022--(BUSINESS WIRE)--The Board of Directors of The Charles Schwab Corporation at its meeting today declared a regular quarterly cash dividend of $0.22 per common share. The dividend is payable November 25, 20…
Schwab 401(k) Study Finds Millennials and Gen Z Take Advantage of Broader Range of Retirement Resources Than Previous Generations
WESTLAKE, Texas, October 25, 2022--(BUSINESS WIRE)--Young workers are relying on more than their 401(k)s to save for retirement as other types of investments play a greater role in their long-term wealth plans, according to the annual nati…