Schwab charles corp (SCHW)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Net Revenues
Interest revenue

7,580

6,680

4,624

3,493

2,657

2,374

2,085

1,914

1,900

1,723

1,428

1,908

2,270

Interest expense

1,064

857

342

171

132

102

105

150

175

199

183

226

623

Net interest revenue

6,516

5,823

4,282

3,322

2,525

2,272

1,980

1,764

1,725

1,524

1,245

1,682

1,647

Other (1)

377

317

290

276

328

343

236

256

160

135

175

94

129

Provision for loan losses

-

-

-

-

-11

-4

-1

16

18

27

38

17

-

Net impairment losses on securities

-

-

-

-

-

1

10

32

31

36

60

44

0

Noncredit portion of loss recognized in other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

0

Total net revenues

10,721

10,132

8,618

7,478

6,380

6,058

5,435

4,883

4,691

4,248

4,193

5,150

4,994

Expenses Excluding Interest
Compensation and benefits

3,320

3,057

2,737

2,466

2,241

2,184

2,027

1,803

1,732

1,573

1,544

1,667

1,781

Professional services

702

654

580

506

459

457

415

388

387

341

275

334

324

Occupancy and equipment

559

496

436

398

353

324

309

311

301

272

318

299

282

Advertising and market development

307

313

268

265

249

245

257

241

228

196

191

243

230

Communications

253

242

231

237

233

223

220

220

220

207

206

211

200

Depreciation and amortization

349

306

269

234

224

199

202

196

155

146

159

152

156

Regulatory fees and assessments

122

189

179

144

107

-

-

-

-

-

-

-

-

Class action litigation and regulatory reserve

-

-

-

-

-

-

-

-

-7

-320

-

-

-

Money market mutual fund charges

-

-

-

-

-

-

-

-

-

132

-

-

-

Other

261

313

268

235

235

311

300

274

269

282

224

216

168

Noninterest Expense

5,873

5,570

4,968

4,485

4,101

3,943

3,730

3,433

3,299

3,469

2,917

3,122

3,141

Income before taxes on income

4,848

4,562

3,650

2,993

2,279

2,115

1,705

1,450

1,392

779

1,276

2,028

1,853

Taxes on income

1,144

1,055

1,296

1,104

832

794

634

522

528

325

489

798

733

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

1,230

1,120

Loss from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-18

1,287

Net Income (Loss) Attributable to Parent

3,704

3,507

2,354

1,889

1,447

1,321

1,071

928

864

454

787

1,212

2,407

Preferred stock dividends and other

178

178

174

143

83

60

61

45

-

-

-

-

-

Net Income Available to Common Stockholders

3,526

3,329

2,180

1,746

1,364

1,261

1,010

883

864

454

-

-

-

Weighted-Average Common Shares Outstanding:
Basic (shares)

1,311

1,348

1,339

1,324

1,315

1,303

1,285

-

-

-

-

-

-

Diluted (shares)

1,320

1,361

1,353

1,334

1,327

1,315

1,293

1,275

1,229

1,194

1,160

1,157

1,222

Earnings Per Common Shares Outstanding:
Earnings Per Share - Basic
Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

1.07

0.93

Loss from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-0.01

1.05

Basic (USD per share)

2.69

2.47

1.63

1.32

1.04

0.96

0.78

0.69

0.70

0.38

0.68

1.06

1.98

Earnings Per Share - Diluted
Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

1.06

0.92

Loss from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-0.01

1.04

Diluted (USD per share)

2.67

2.45

1.61

1.31

1.03

0.95

0.78

0.69

0.70

0.38

0.68

1.05

1.96

Antidilutive stock options and restricted stock awards excluded from the calculation of diluted EPS (in shares)

21

18

15

26

-

-

-

-

-

-

-

-

-

Dividends Declared Per Common Share (USD per share)

-

-

-

-

0.24

0.24

0.24

0.24

0.24

-

-

-

1.20

Fee waivers

-

-

-

-

672

-

-

-

-

-

-

-

-

Asset management and administration fees [Member]
Asset management and administration fees and Trading revenue

3,211

3,229

3,392

3,055

2,650

2,533

2,315

2,043

1,928

1,822

1,875

2,355

2,358

Trading revenue [Member]
Asset management and administration fees and Trading revenue

617

763

654

825

866

907

913

868

927

830

996

1,080

860