Name | Value |
---|---|
Revenues | 5,116.0M |
Cost of Revenue | 2,195.0M |
Gross Profit | 2,921.0M |
Operating Expense | 1,118.0M |
Operating I/L | 3,356.0M |
Other Income/Expense | 2,653.0M |
Interest Income | 4,016.0M |
Pretax | 2,110.0M |
Income Tax Expense | 507.0M |
Net Income/Loss | 1,603.0M |
The Charles Schwab Corporation provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. It operates in two segments: Investor Services, offering retail brokerage, investment advisory, banking, trust, and retirement plan services; and Advisor Services, providing custodial, trading, banking, support, and retirement services. The company generates revenue through retail brokerage, investment advisory, banking, trust services, retirement plan services, corporate brokerage, equity compensation plan services, and mutual fund clearing services. Additionally, it earns from custodial, trading, banking, and support services, retirement business, and corporate brokerage retirement services.