SCHWAB CHARLES CORP
For the period ended Sep 30, 2025. Filed Nov 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 7, 2025
SCHW$92.73+1.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance Sheets
Condensed Consolidated Balance Sheets
(In Millions, Except Per Share and Share Amounts)
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $30,572 | $42,083 |
| Cash and investments segregated and on deposit for regulatory purposes (including resale agreements of $22,245 and $10,075 at September 30, 2025 and December 31, 2024, respectively) | 47,754 | 38,221 |
| Receivables from brokers, dealers, and clearing organizations | 4,728 | 2,440 |
| Receivables from brokerage clients — net | 93,788 | 85,374 |
| Available for sale securities (amortized cost of $66,698 and $89,704 at September 30, 2025 and December 31, 2024, respectively; including assets pledged of $311 and $378, respectively) | 62,308 | 82,994 |
| Held to maturity securities (including assets pledged of $2,047 and $5,920 at September 30, 2025 and December 31, 2024, respectively) | 136,693 | 146,453 |
| Bank loans — net | 53,570 | 45,215 |
| Equipment, office facilities, and property — net | 3,136 | 3,338 |
| Goodwill | 11,951 | 11,951 |
| Acquired intangible assets — net | 7,360 | 7,743 |
| Other assets | 13,395 | 14,031 |
| Total assets | $465,255 | $479,843 |
| Liabilities and Stockholders’ Equity | ||
| Bank deposits | $239,057 | $259,121 |
| Payables to brokers, dealers, and clearing organizations | 22,407 | 13,336 |
| Payables to brokerage clients | 115,397 | 101,559 |
| Accrued expenses and other liabilities | 11,420 | 12,325 |
| Other short-term borrowings | 6,541 | 5,999 |
| Federal Home Loan Bank borrowings | 850 | 16,700 |
| Long-term debt | 20,199 | 22,428 |
| Total liabilities | 415,871 | 431,468 |
| Stockholders’ equity: | ||
| Preferred stock — $.01 par value per share; aggregate liquidation preference of $6,871 and $9,329 at September 30, 2025 and December 31, 2024, respectively | 6,763 | 9,191 |
| Common stock — 3 billion shares authorized; $.01 par value per share; 2,074,188,875 and 2,023,295,180 shares issued at September 30, 2025 and December 31, 2024, respectively | 21 | 20 |
| Nonvoting common stock — 300 million shares authorized; $.01 par value per share; no shares issued at September 30, 2025 and 50,893,695 shares issued at December 31, 2024 | — | 1 |
| Additional paid-in capital | 27,910 | 27,639 |
| Retained earnings | 42,170 | 37,568 |
| Treasury stock, at cost — 287,497,378 and 242,977,194 shares at September 30, 2025 and December 31, 2024, respectively | (15,682) | (11,196) |
| Accumulated other comprehensive income (loss) | (11,798) | (14,848) |
| Total stockholders’ equity | 49,384 | 48,375 |
| Total liabilities and stockholders’ equity | $465,255 | $479,843 |
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