SCHW (Charles Schwab) Retained Earnings : $37,568 Mil (As of Dec. 2024)

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What is Charles Schwab Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Charles Schwab's retained earnings for the quarter that ended in Dec. 2024 was $37,568 Mil.

Charles Schwab's quarterly retained earnings increased from Jun. 2024 ($35,458 Mil) to Sep. 2024 ($36,303 Mil) and increased from Sep. 2024 ($36,303 Mil) to Dec. 2024 ($37,568 Mil).

Charles Schwab's annual retained earnings increased from Dec. 2022 ($31,066 Mil) to Dec. 2023 ($33,901 Mil) and increased from Dec. 2023 ($33,901 Mil) to Dec. 2024 ($37,568 Mil).

Charles Schwab Retained Earnings Historical Data

The historical data trend for Charles Schwab's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Charles Schwab Retained Earnings Chart

Charles Schwab Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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21,975.00

25,992.00

31,066.00

33,901.00

37,568.00

Charles Schwab Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Retained Earnings	Get a 7-Day Free Trial															34,701.00	35,458.00	36,303.00	37,568.00	-

Charles Schwab Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Charles Schwab (NYSE:SCHW) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Charles Schwab Business Description

Industry

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SCHWpJ.PFD:USA SCHWpD.PFD:USA SCHW:Mexico 0L3I:UK SWG:Germany SWG:Germany SCHW34:Brazil SCHW:Austria

Address

3000 Schwab Way, Westlake, TX, USA, 76262

Website

https://www.aboutschwab.com

Charles Schwab is one of the largest retail-oriented financial services companies in the US, with $10.1 trillion in client assets across its brokerage, banking, asset-management, custody, financial advisory, and wealth-management businesses at year-end 2024. While best known for its retail brokerage offering, Schwab generates the lion's share of its revenue and profits through its Charles Schwab Bank and asset-management segments. The firm is a dominant player in registered investment advisor custody, with over 40% market share, and has recently pushed into wealth management with robo-advisory, direct indexing, and other managed-investment solutions.

Executives

Carolyn Schwab-pomerantz	director	3000 SCHWAB WAY, WESTLAKE TX 76262
Jonathan M. Craig	officer: Please see remarks	3000 SCHWAB WAY, WESTLAKE TX 76262
Nigel J Murtagh	officer: MD, EVP - Corporate Risk	C/O THE CHARLES SCHWAB CORPORATION, 211 MAIN STREET, SAN FRANCISCO CA 94105
Charles R. Schwab	director, officer: Co-Chairman	PO BOX 2226, PALM BEACH FL 33480
Walter W Bettinger	officer: EVP/COO - Individual Investor	211 MAIN STREET, SAN FRANCISCO CA 94105
Arun Sarin	director	C/O SAFEWAY INC., 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Morgan Peter J. Iii	officer: General Counsel	211 MAIN STREET, SAN FRANCISCO CA 94105
Christopher V Dodds	officer: EVP and CFO	ITG INC., ONE LIBERTY PLAZA, 165 BROADWAY, NEW YORK NY 10006
Charles A. Ruffel	director	3000 SCHWAB WAY, WESTLAKE TX 76262
Richard A Wurster	officer: President	3000 SCHWAB WAY, WESTLAKE TX 76262
Bernard J. Clark	officer: MD, Head of Adivsor Services	C/O THE CHARLES SCHWAB CORPORATION, 211 MAIN STREET, SAN FRANCISCO CA 94105
Peter B. Crawford	officer: CFO	211 MAIN STREET, SAN FRANCISCO CA 94105
Stephen A Ellis	director	C/O THE CHARLES SCHWAB CORPORATION, 211 MAIN STREET, SAN FRANCISCO CA 94105
Mark A Goldfarb	director	C/O THE CHARLES SCHWAB CORPORATION, 211 MAIN STREET, SAN FRANCISCO CA 94105
Joseph R Martinetto	officer: MD and COO	211 MAIN STREET, SAN FRANCISCO CA 94105