SCHW news

Schwab reported record quarterly net revenues of $7.1 billion and GAAP EPS of $1.54, while growing core net new assets by 47% year-over-year. The firm also announced significant digital product launches, including direct access to Bitcoin trading.

The Charles Schwab Corporation announced an underwriting agreement for $1 billion in 4.603% Fixed-to-Floating Rate Senior Notes due 2029. This debt issuance provides additional liquidity for the firm.

Charles Schwab Corporation has redeemed all outstanding shares of its 4.000% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series I, and filed a Certificate of Elimination to remove the stock class from its charter. The action reduces the company's preferred equity outstanding and simpl…

Charles Schwab Corporation completed an underwritten offering of $1B in 2030 notes at 4.744% and $1.25B in 2037 notes at 5.493%. The debt issuance provides capital funding and reflects current market conditions for investment-grade corporate borrowing.