Schwab Files 8-K Report
Ticker: SCHW-PJ · Form: 8-K · Filed: Feb 10, 2025 · CIK: 316709
Sentiment: neutral
Topics: 8-K, regulatory-filing, financial-statements
Related Tickers: SCHW
TL;DR
Schwab filed an 8-K on Feb 10, 2025, mostly for standard disclosures.
AI Summary
On February 10, 2025, The Charles Schwab Corporation filed an 8-K report. The filing primarily concerns Regulation FD Disclosure and Financial Statements and Exhibits. No specific financial figures or material events beyond the filing itself were detailed in the provided text.
Why It Matters
This filing indicates routine corporate reporting by Charles Schwab Corporation, providing updates on financial statements and regulatory disclosures to the public.
Risk Assessment
Risk Level: low — The filing is a routine 8-K report with no new material events or financial disclosures that would inherently increase risk.
Key Players & Entities
- SCHWAB CHARLES CORP (company) — Registrant
- Charles Schwab Corporation (company) — Registrant
- February 10, 2025 (date) — Date of Report
FAQ
What is the primary purpose of this 8-K filing by The Charles Schwab Corporation?
The primary purpose of this 8-K filing is for Regulation FD Disclosure and to report Financial Statements and Exhibits.
On what date was this 8-K report filed?
The report was filed on February 10, 2025.
What is the principal executive office address for The Charles Schwab Corporation?
The principal executive office is located at 3000 Schwab Way, Westlake, TX 76262.
What is the Commission File Number for The Charles Schwab Corporation?
The Commission File Number is 1-9700.
In which state is The Charles Schwab Corporation incorporated?
The Charles Schwab Corporation is incorporated in Delaware.
Filing Stats: 2,165 words · 9 min read · ~7 pages · Grade level 16.9 · Accepted 2025-02-10 07:21:03
Key Financial Figures
- $1.5 billion — which the Company agreed to repurchase $1.5 billion of the Company's nonvoting common stock
- $30 billion — the prior year period to approximately $30 billion for the month. New brokerage accounts
- $400 billion — balances ended January at approximately $400 billion. Bank supplemental funding balances w
- $4 billion — balances were further reduced by about $4 billion to finish January with approximately $4
- $46 billion — on to finish January with approximately $46 billion outstanding. For more information reg
Filing Documents
- d875109d8k.htm (8-K) — 86KB
- d875109dex991.htm (EX-99.1) — 9KB
- 0001193125-25-023158.txt ( ) — 263KB
- schw-20250210.xsd (EX-101.SCH) — 4KB
- schw-20250210_def.xml (EX-101.DEF) — 13KB
- schw-20250210_lab.xml (EX-101.LAB) — 22KB
- schw-20250210_pre.xml (EX-101.PRE) — 14KB
- d875109d8k_htm.xml (XML) — 7KB
Forward-Looking Statements
Forward-Looking Statements This report contains "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Forward-looking statements are identified by words such as "believe," "anticipate," "expect," "intend," "plan," "prioritize," "will," "may," "estimate," "appear," "could," "would," "maintain," "continue," "seek," and other similar expressions. In addition, any statements that refer to expectations, strategy, objectives, projections, or other characterizations of future events or circumstances are forward-looking statements. These statements, which may be expressed in a variety of ways, including the use of future or present tense language, refer to future events. These forward-looking statements, which reflect management's beliefs, objectives, and expectations as of the date hereof, or in the case of any documents incorporated by reference, as of the date of those documents, are estimates based on the best judgment of the Company's senior management. These statements relate to, among other things: Maximizing our market valuation and stockholder returns over time; and our belief that developing trusted relationships will translate into more client assets which drives revenue and, along with expense discipline and thoughtful capital management, generates earnings growth and builds stockholder value; Capital expenditures and expense management; Net interest revenue, the adjustment of rates paid on client-related liabilities, and client cash realignment activity; Utilization of bank supplemental funding and expectations for repayment of outstanding balances; Management of interest rate risk, modeling and assumptions, the impact of changes in interest rates on net interest margin and revenue, bank deposit account fee revenue, economic value of equity, and liability and asset duration; Sources and uses of liquidity; Capital management; potential migration of insured deposit account balan
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 99.1 Launch Press Release dated February 10, 2025 104 Cover Page Interactive Data File – the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. -6- Signature(s) Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE CHARLES SCHWAB CORPORATION Date: February 10, 2025 By: /s/ Michael Verdeschi Michael Verdeschi Managing Director and Chief Financial Officer -7-