SCHWAB CHARLES CORP
For the period ended Dec 31, 2025. Filed Feb 25, 2026.
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FY2025 · Filed Feb 25, 2026
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 Balance Sheets
| Consolidated Balance Sheets | ||
|---|---|---|
| (In Millions, Except Per Share and Share Amounts) | ||
| December 31, | 2025 | 2024 |
| Assets | ||
| Cash and cash equivalents | $46,030 | $42,083 |
| Cash and investments segregated and on deposit for regulatory purposes (including resale agreements of $16,901 and $10,075 at December 31, 2025 and 2024, respectively) | 42,931 | 38,221 |
| Receivables from brokers, dealers, and clearing organizations | 7,190 | 2,440 |
| Receivables from brokerage clients — net | 104,660 | 85,374 |
| Available for sale securities (amortized cost of $66,225 and $89,704 at December 31, 2025 and 2024, respectively; including assets pledged of $281 and $378, respectively) | 62,357 | 82,994 |
| Held to maturity securities (including assets pledged of $1,270 and $5,920 at December 31, 2025 and 2024, respectively) | 133,969 | 146,453 |
| Bank loans — net | 57,955 | 45,215 |
| Equipment, office facilities, and property — net | 3,091 | 3,338 |
| Goodwill | 11,951 | 11,951 |
| Acquired intangible assets — net | 7,233 | 7,743 |
| Other assets | 13,628 | 14,031 |
| Total assets | $490,995 | $479,843 |
| Liabilities and Stockholders’ Equity | ||
| Bank deposits | $255,747 | $259,121 |
| Payables to brokers, dealers, and clearing organizations | 25,689 | 13,336 |
| Payables to brokerage clients | 116,341 | 101,559 |
| Accrued expenses and other liabilities | 12,831 | 12,325 |
| Other short-term borrowings | 6,913 | 5,999 |
| Federal Home Loan Bank borrowings | 1,850 | 16,700 |
| Long-term debt | 22,199 | 22,428 |
| Total liabilities | 441,570 | 431,468 |
| Stockholders’ equity: | ||
| Preferred stock — $.01 par value per share; aggregate liquidation preference of $6,871 and $9,329 at December 31, 2025 and 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 December 31, 2025 and 2024 | 21 | 20 |
| Nonvoting common stock — 300 million shares authorized; $.01 par value per share; no shares issued at December 31, 2025 and 50,893,695 shares issued at December 31, 2024 | — | 1 |
| Additional paid-in capital | 27,996 | 27,639 |
| Retained earnings | 44,065 | 37,568 |
| Treasury stock, at cost — 315,863,800 and 242,977,194 shares at December 31, 2025 and 2024, respectively | (18,437) | (11,196) |
| Accumulated other comprehensive income (loss) | (10,983) | (14,848) |
| Total stockholders’ equity | 49,425 | 48,375 |
| Total liabilities and stockholders’ equity | $490,995 | $479,843 |
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