Charles Schwab
Charles Schwab Corporation is an American international financial services provider. Both retail and institutional clients can take advantage of its banking, commercial banking, investment, and allied services such as consultancy and wealth management advisory services. It has more than 360 branches, most of which are located in financial hubs in the United States and the United Kingdom.
According to assets, it is the eighth-largest bank in the country. As of December 31, 2022, it had $7.05 trillion in client assets, 33.8 million active brokerage accounts, 2.4 million members in corporate retirement plans, and 1.7 million banking accounts. Also, it provides a donor-advised fund for customers who want to donate securities. Its corporate headquarters are in Westlake, Texas, and it was established in San Francisco, California.
Charles Schwab's market value was $105.29 billion as of March 2023. Charles Schwab is now the 126th most valuable corporation in the world according to market capitalization. The most recent financial reports from Charles Schwab indicate that the company's current revenue (TTM) is $20.76 billion. The corporation generated $18.52 billion in revenue in 2021, a rise from $11.69 billion in revenue in 2020.
Founded: 1971
Headquarters: Westlake, Texas, U.S.
Website: www.aboutschwab.com
