SCHWAB CHARLES CORP
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
View on SEC.govAbout this filing
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FY2023 · Filed Feb 23, 2024
SCHW$93.03+0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders’ Equity
| Consolidated Statements of Stockholders’ Equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| (In Millions) | ||||||||||
| NonvotingCommon Stock · AdditionalPaid-InCapital · Accumulated Other Comprehensive Income (Loss) | ||||||||||
| PreferredStock · Common Stock · RetainedEarnings · Treasury Stock,at cost | ||||||||||
| Shares · Amount · Shares · Amount · Total | ||||||||||
| Balance at December 31, 2020 | $7,733 | 1,995 | $20 | 79 | $1 | $26,515 | $21,975 | $(5,578) | $5,394 | $56,060 |
| Net income | — | — | — | — | — | — | 5,855 | — | — | 5,855 |
| Other comprehensive income (loss), net of tax | — | — | — | — | — | — | — | — | (6,503) | (6,503) |
| Issuance of preferred stock, net | 2,806 | — | — | — | — | — | — | — | — | 2,806 |
| Redemption of preferred stock | (585) | — | — | — | — | — | (15) | — | — | (600) |
| Dividends declared on preferred stock | — | — | — | — | — | — | (456) | — | — | (456) |
| Dividends declared on common stock — $.72 per share | — | — | — | — | — | — | (1,367) | — | — | (1,367) |
| Stock option exercises and other | — | — | — | — | — | (84) | — | 305 | — | 221 |
| Share-based compensation | — | — | — | — | — | 229 | — | — | — | 229 |
| Other | — | — | — | — | — | 81 | — | (65) | — | 16 |
| Balance at December 31, 2021 | 9,954 | 1,995 | 20 | 79 | 1 | 26,741 | 25,992 | (5,338) | (1,109) | 56,261 |
| Net income | — | — | — | — | — | — | 7,183 | — | — | 7,183 |
| Other comprehensive income (loss), net of tax | — | — | — | — | — | — | — | — | (21,512) | (21,512) |
| Issuance of preferred stock, net | 740 | — | — | — | — | — | — | — | — | 740 |
| Redemption of preferred stock | (988) | — | — | — | — | — | (12) | — | — | (1,000) |
| Dividends declared on preferred stock | — | — | — | — | — | — | (505) | — | — | (505) |
| Dividends declared on common stock — $.84 per share | — | — | — | — | — | — | (1,592) | — | — | (1,592) |
| Repurchase of common stock | — | — | — | — | — | — | — | (2,435) | — | (2,435) |
| Repurchase of nonvoting common stock | — | 15 | — | (15) | — | — | — | (1,000) | — | (1,000) |
| Conversion of nonvoting common stock to common stock | — | 13 | — | (13) | — | — | — | — | — | — |
| Stock option exercises and other | — | — | — | — | — | (124) | — | 188 | — | 64 |
| Share-based compensation | — | — | — | — | — | 348 | — | — | — | 348 |
| Other | — | — | — | — | — | 110 | — | (54) | — | 56 |
| Balance at December 31, 2022 | 9,706 | 2,023 | 20 | 51 | 1 | 27,075 | 31,066 | (8,639) | (22,621) | 36,608 |
| Net income | — | — | — | — | — | — | 5,067 | — | — | 5,067 |
| Other comprehensive income (loss), net of tax | — | — | — | — | — | — | — | — | 4,490 | 4,490 |
| Redemption and repurchase of preferred stock, inclusive of tax | (515) | — | — | — | — | — | 44 | — | — | (471) |
| Dividends declared on preferred stock | — | — | — | — | — | — | (438) | — | — | (438) |
| Dividends declared on common stock — $1.00 per share | — | — | — | — | — | — | (1,838) | — | — | (1,838) |
| Repurchase of common stock, inclusive of tax | — | — | — | — | — | — | — | (2,866) | — | (2,866) |
| Stock option exercises and other | — | — | — | — | — | (145) | — | 194 | — | 49 |
| Share-based compensation | — | — | — | — | — | 294 | — | — | — | 294 |
| Other | — | — | — | — | — | 106 | — | (43) | — | 63 |
| Balance at December 31, 2023 | $9,191 | 2,023 | $20 | 51 | $1 | $27,330 | $33,901 | $(11,354) | $(18,131) | $40,958 |
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.