
Schwab's Client Assets Hit $8.52 Trillion, Up 21%, as TD Integration Nears Completion
The Charles Schwab CorporationDescription
What this story covers
Charles Schwab's 2023 10-K shows 8 point 52 trillion dollars client assets (up 21 percent), 5 point 1 billion dollars net income (down 29 percent), and 90 percent TD Ameritrade integration complete with 2 billion dollars synergies. Revenues fell 9 percent to 18 point 8 billion dollars amid rate shifts, but advisory assets grew 18 percent. Strong liquidity and risk controls support resilience.
Story snapshot
CompanyThe Charles Schwab Corporation
TickerSCHW
VariantStandard detailed
Duration11:58
Filing type10-K
PeriodAnnual 2023
IndustryFinancial Services
Accession0000316709-24-000018
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