The Charles Schwab Corporation

Industry: Investment Services

Fortune Rank: 465

The Charles Schwab Corp., through its subsidiaries, is engaged in securities brokerage, banking and related financial services. For the nine months ended 9/30/05, revenues increased 5% to $3.28B. Net income from cont. ops. totaled $538M, up from $233M. Revenues reflect an increase in total client assets and a rise in non-trading sales. Higher income also reflects an improvement in operating margin.

The Charles Schwab Corporation (CSC) engages, through its subsidiaries, in securities brokerage, banking and related financial services. The Company provides financial services to individuals and institutional clients through three segments: Individual Investor, Institutional Investor and U.S. Trust. The Individual Investor segment includes CSC's retail brokerage and banking operations. The Institutional Investor segment provides custodial, trading and support services to independent investment advisors (IAs), serves company 401(k) plan sponsors and third-party administrators, and supports company stock option plans. The U.S. Trust segment provides investment, wealth management, custody, fiduciary and private banking services to individual and institutional clients. On October 29, 2004, the Company sold its capital markets business, consisting of the partnership interests of Schwab Capital Markets L.P. and all of the outstanding capital stock of SoundView Technology Group, Inc.

The Charles Schwab Corporation

The Charles Schwab Corporation is a Fortune 500 company. In 2010 The Charles Schwab Corporation was ranked number 465 on the Fortune 500 list, making it the 465th largest company in the United States when judged by revenue.

The Charles Schwab Corporation achieved revenue of $4,414.00 million in 2010 and earned a profit of $787.00 million.

The Charles Schwab Corporation's rank changes

The company's ranking in 2010 was a decline from 2009 when it was ranked 440th on the Fortune 500. The Previous ranking was based on its 2009 revenue of $5,393 million (a change of -1 million compared to 2010) and profits of $1,212 million (a change of 786 million compared to 2010).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then The Charles Schwab Corporation would be ranked 164th rather than 465th due to its profits of $787 in 2010.

The Charles Schwab Corporation Revenue* Profit* Fortune Ranking
20104,414787465
20095,3931,212440
20086,0632,407402
20075,8801,227389
20065,151725418

* US$ Million

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