The Charles Schwab Corporation reported $23.921B in FY2025 revenue and about 33,000 full-time-equivalent employees in its latest annual disclosure. The company is led by Richard A. Wurster. Schwab is a brokerage, banking, wealth management, and advisor custody platform.
How The Charles Schwab Corporation Makes Money
Schwab earns revenue from net interest income, asset management and administration fees, trading revenue, advisory services, bank products, and custody services tied to client accounts and assets.
Latest Financial Snapshot
Net revenues increased from $19.606B in 2024 to $23.921B in 2025, while net income rose to $8.852B.
Why The Company Matters
Schwab matters because it repeatedly changed brokerage economics, from discount commissions to zero-commission online trading.
