Charles Schwab Corp (SCHW)

In April 2025, Charles Schwab reported growth in client assets and account openings, along with robust trading activity. In May 2025, Goldman Sachs upgraded Charles Schwab's stock to "Buy" with a $100 price target. In July 2025, Charles Schwab announced a $20 billion stock repurchase plan and reported its Q2 2025 earnings, exceeding expectations. In August 2025, Schwab reported $44.4 billion in core net new assets, and client assets expanded to $11.23 trillion. In September 2025, Schwab announced a branch network expansion and the addition of 400 branch-related roles. As of early October 2025, BMO Capital Markets initiated "Outperform" coverage with a $110 price target, while Morgan Stanley maintained an "Overweight" rating, adjusting its price target slightly downward to $130.

Charles Schwab's business can experience some demand seasonality, such as the impact from tax disbursements in April. The stock has shown some seasonality, with October having a chance of being a "green month." The demand for wealth management services is generally expected to grow, with projections for assets under management to show an annual growth rate of 2.37% from 2025-2029. Increased interest in online trading could also influence demand patterns.

The Charles Schwab Corporation is a multinational financial services company offering wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. It operates through Investor Services and Advisor Services segments, providing brokerage accounts, mutual funds, ETFs, managed investing solutions, banking, and trust services. As of December 31, 2024, Charles Schwab managed $10.10 trillion in client assets, serving 36.5 million active brokerage accounts, 5.4 million workplace retirement plan participant accounts, and 2.0 million banking accounts.

The Charles Schwab Corporation has a significant presence primarily in the United States, with over 380 branches and its corporate headquarters in Westlake, Texas. Other major campus locations in the U.S. include Austin, Texas; Lone Tree, Colorado; Phoenix, Arizona; Indianapolis, Indiana; Omaha, Nebraska; and San Francisco, California. The company also maintains a global presence with offices in the United Kingdom (London) and Hong Kong, and operates in Singapore.

Charles Schwab's brand reputation appears to be strong, supported by consistent client growth, robust financial performance, and strategic expansions. The company's acquisition of TD Ameritrade and the subsequent transition of accounts solidified its position in the financial services industry. The company's focus on providing a wide range of accessible and low-cost investment products has likely contributed positively to its reputation among investors. Recent events that reflect positively on its reputation include strong core net new asset figures, the announcement of a $20 billion stock repurchase plan, and the expansion of its branch network.

The Charles Schwab Corporation is heavily dominated by institutional owners, who collectively hold approximately 72% to 83.28% of the company's shares. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., Dodge & Cox, Price T Rowe Associates Inc /md/, State Street Corp, and Jpmorgan Chase & Co. Individual investors and retail investors hold a smaller percentage, with retail investors holding around 4.84% to 24.27% of the stock. Insiders own approximately 0.24% to 12.50% of the shares. Charles R. Schwab, the founder, is the largest individual shareholder, owning 11.76% of the company's shares.