schwab (charles) corp (SCHW) Key Developments
The Charles Schwab Corporation Announces Transitioning of James D. McCool as Executive Vice President Client Solutions
Aug 18 15
On August 12, 2015, The Charles Schwab Corporation announced that James D. McCool is transitioning from his position as Executive Vice President Client Solutions of the company to focus on key corporate strategic initiatives, effective immediately. His previous duties will be reassigned to other CSC executives.
The Charles Schwab Corporation Declares Quarterly Common Stock Dividend Payable on August 21, 2015, and Quarterly Preferred Stock Dividend Payable on September 1, 2015
Jul 23 15
The Charles Schwab Corporation has declared a regular quarterly cash dividend of $0.06 per common share. The dividend is payable August 21, 2015 to stockholders of record as of the close of business on August 7, 2015.
The company has also declared a regular quarterly dividend on the outstanding Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, in the amount of $15.00 per share or $0.375 per depositary share, each representing 1/40th interest in a share of Series B Preferred Stock. The dividend is payable September 1, 2015 to stockholders of record at the close of business on August 17, 2015.
The Charles Schwab Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
Jul 16 15
The Charles Schwab Corporation reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total net revenues of $1,566,000 against $1,478,000 a year ago. Income before taxes on income was $567,000 against $521,000 a year ago. Net income was $353,000 against $324,000 a year ago. Net income available to common stockholders was $330,000 against $302,000 a year ago. Basic and diluted earnings per share were $0.25 against $0.23 a year ago. Return on average common stockholders’ equity was 12% against 12% a year ago.
For the six months, the company reported total net revenues of $3,092,000 against $2,956,000 a year ago. Income before taxes on income was $1,051,000 against $1,043,000 a year ago. Net income was $655,000 against $650,000 a year ago. Net income available to common stockholders was $621,000 against $620,000 a year ago. Basic and diluted earnings per share were $0.47 against $0.47 a year ago. Return on average common stockholders’ equity was 11% against 13% a year ago.
The Charles Schwab Corporation to Report Q2, 2015 Results on Jul 16, 2015
Jul 13 15
The Charles Schwab Corporation announced that they will report Q2, 2015 results on Jul 16, 2015
The Charles Schwab Corporation - Shareholder/Analyst Call
Jul 10 15
To update the recent developments and management’s strategic focus