The Charles Schwab Corporation, together with its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company operates in two segments, Investor Services and Advisor Services. The Investor Services segment provides retail brokerage, investment advisory, banking and trust, retirement plan, and other corporate brokerage services; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; and retail investor and mutual fund clearing services, as well as compliance solutions. The Advisor Services segment offers custodial, trading, banking, and support services; and retirement business and corporate brokerage retirement services. This segment provides brokerage accounts with equity and fixed income, margin lending, options, and futures and forex trading; cash management capabilities comprising third-party certificates of deposit; third-party and proprietary mutual funds; plus mutual fund trading and clearing services; and exchange-traded funds (ETFs), including proprietary and third-party ETFs. It also offers advice solutions, such as managed portfolios of proprietary and third-party mutual funds and ETFs, separately managed accounts, customized personal advice for tailored portfolios, and specialized planning and portfolio management. In addition, this segment provides banking products and services, including checking and savings accounts, first lien residential real estate mortgage loans, home equity lines of credit, and pledged asset lines; and trust services comprising trust custody services, personal trust reporting services, and administrative trustee services. As of December 31, 2021, the Company had approximately 400 domestic branch offices in 48 states and the District of Columbia, as well as locations in Puerto Rico, the United Kingdom, Hong Kong, and Singapore. The Charles Schwab Corporation was incorporated in 1971 and is headquartered in Westlake, Texas.

The Charles Schwab Corporation

Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Gross Profit

Adjusted Net Income

Net Revenue

Net Income

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Investor Services Income Before Taxes on Income

Investor Services Income Before Taxes on Income % Chg.

Investor Services Income Before Taxes on Income Common Size

Advisor Services Income Before Taxes on Income

Advisor Services Income Before Taxes on Income % Chg.

Advisor Services Income Before Taxes on Income Common Size

Other EBT

Other EBT % Chg.

Other EBT Common Size

Total EBT

Total EBT Common Size

Total EBT % Chg.

Investor Services Net New Client Assets

Investor Services Net New Client Assets % Chg.

Advisor Services Net New Client Assets

Advisor Services Net New Client Assets % Chg.

Total Net New Client Assets

Total Net New Client Assets % Chg.

Core Net New Client Assets

Core Net New Client Assets % Chg.

Client Assets

Client Assets % Chg.

Average Client Assets

Average Client Assets % Chg.

New Brokerage Accounts

New Brokerage Accounts % Chg.

Active Brokerage Accounts

Active Brokerage Accounts % Chg.

Assets Receiving Ongoing Advisory Services

Assets Receiving Ongoing Advisory Services % Chg.

Client Cash as a Percentage of Client Assets

Client Cash as a Percentage of Client Assets % Chg.

Key Performance Indicators

Net Interest Revenue

Net Interest Revenue % Chg.

Net Interest Revenue Common Size

Asset Management & Administration Revenue

Asset Management & Administration Revenue % Chg.

Asset Management & Administration Revenue Common Size

Trading Revenue

Trading Revenue % Chg.

Trading Revenue Common Size

Bank Deposit Account Revenue

Bank Deposit Account Revenue % Chg.

Bank Deposit Account Revenue Common Size

Other Service Revenue

Other Service Revenue % Chg.

Other Service Revenue Common Size

Other Revenue

Other Revenue % Chg.

Other Revenue Common Size

Total Revenue

Total Revenue Common Size

Total Revenue % Chg.

Investor Services Revenue

Investor Services Revenue % Chg.

Investor Services Revenue Common Size

Advisor Services Revenue

Advisor Services Revenue % Chg.

Advisor Services Revenue Common Size

Revenue	LTM	Dec '24	Dec '23
Net Interest Revenue	11,109	9,144	9,427
Asset Management & Administration Revenue	6,282	5,716	4,756
Trading Revenue	3,728	3,264	3,230
Bank Deposit Account Revenue	980	729	705
Other Service Revenue	815	753	719
Other Revenue	980	729	705
Total Revenue	23,894	20,335	19,542

Revenue	LTM	Dec '24	Dec '23
Investor Services Revenue	—	15,558	14,650
Advisor Services Revenue	—	4,048	4,187
Other Revenue	—	729	705
Total Revenue	23,894	20,335	19,542

EBT	LTM	Dec '24	Dec '23
Investor Services Income Before Taxes on Income	—	6,320	5,211
Advisor Services Income Before Taxes on Income	—	1,372	1,167
Other EBT	—	—	—
Total EBT	10,584	7,692	6,378

Key Performance Indicators	LTM	Dec '24	Dec '23
Investor Services Net New Client Assets	199,600	161,100	169,000
Advisor Services Net New Client Assets	249,200	200,500	168,200
Total Net New Client Assets	448,800	361,600	337,200
Core Net New Client Assets	470,300	366,900	305,700
Client Assets	11,593,900	10,101,300	8,516,600
Average Client Assets	—	9,400,400	7,793,800
New Brokerage Accounts	4.5	4.2	3.8
Active Brokerage Accounts	38	36.5	34.8
Assets Receiving Ongoing Advisory Services	5,809,200	5,061,700	4,338,800
Client Cash as a Percentage of Client Assets	9.4%	10.1%	10.5%