For the year ending 2025-12-31, SCHW-PJ had $4,147M increase in cash & cash equivalents over the period. $8,763M in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 8,852 | 5,942 | 5,067 | 7,183 |
| Share-based compensation | 317 | 337 | 320 | 366 |
| Depreciation and amortization | 850 | 916 | 804 | 652 |
| Amortization of acquired intangible assets | 512 | 519 | 534 | 596 |
| Provision (benefit) for deferred income taxes | 361 | -191 | -478 | -18 |
| Premium amortization, net, on available for sale and held to maturity securities | -695 | -806 | -830 | -1,375 |
| Other | -729 | -552 | -702 | -490 |
| Investments segregated and on deposit for regulatory purposes | 4,510 | 14,090 | -23,759 | 874 |
| Receivables from brokers, dealers, and clearing organizations | 4,750 | -887 | - | - |
| Receivables from brokerage clients | 19,390 | 16,779 | 2,135 | -23,947 |
| Other assets | 1,298 | -92 | 2,020 | -99 |
| Payables to brokers, dealers, and clearing organizations | 12,353 | 6,688 | - | - |
| Payables to brokerage clients | 14,782 | 16,773 | -12,652 | -28,233 |
| Accrued expenses and other liabilities | -192 | 218 | 4,856 | -3,526 |
| Net cash provided by (used for) operating activities | 9,311 | 2,670 | 19,587 | 2,057 |
| Purchases of available for sale securities | 8,496 | 2,986 | 1,487 | 51,009 |
| Proceeds from sales of available for sale securities | 8,987 | 3,532 | 8,465 | 24,704 |
| Principal payments on available for sale securities | 22,958 | 25,589 | 36,508 | 49,944 |
| Purchases of held to maturity securities | 1,083 | - | - | - |
| Principal payments on held to maturity securities | 15,262 | 14,721 | 15,461 | 15,712 |
| Net change in bank loans | - | - | - | 5,788 |
| Cash acquired in acquisitions, net of cash paid | - | - | - | 0 |
| Net change in bank loans | 12,807 | 4,787 | -99 | - |
| Purchases of equipment, office facilities, and property | 548 | 620 | 700 | 971 |
| Purchases of fhlb stock | 1,023 | 895 | 1,869 | 518 |
| Proceeds from sales of fhlb stock | 1,656 | 1,388 | 1,344 | 19 |
| Purchases of federal reserve stock | 9 | 189 | 221 | 106 |
| Proceeds from sales of federal reserve stock | 11 | 0 | 98 | 197 |
| Other investing activities | 370 | 322 | 287 | 136 |
| Net cash provided by (used for) investing activities | 24,538 | 35,431 | 57,411 | 32,048 |
| Net change in bank deposits | -3,374 | -30,832 | -76,771 | -77,054 |
| Proceeds from commercial paper and secured lines of credit | - | - | - | 1,900 |
| Proceeds from fhlb borrowings | 28,360 | 23,001 | 49,200 | - |
| Repayments of commercial paper and secured lines of credit | - | - | - | 6,511 |
| Repayments of fhlb borrowings | 43,210 | 32,701 | 35,200 | - |
| Proceeds from other short-term borrowings | 37,046 | 27,017 | 17,000 | 16,802 |
| Repayments of other short-term borrowings | 36,184 | 27,571 | 15,104 | - |
| Issuances of long-term debt | 1,986 | 0 | 6,097 | 2,971 |
| Repayments of long-term debt | 2,248 | 3,682 | 831 | 1,036 |
| Repurchases of common stock and nonvoting common stock | 7,346 | 0 | 2,842 | 3,395 |
| Issuance of preferred stock, net | - | 0 | 0 | 740 |
| Redemption and repurchase of preferred stock | 2,458 | 0 | 467 | 1,000 |
| Dividends paid | 2,329 | 2,275 | 2,276 | 2,110 |
| Proceeds from stock options exercised | 156 | 84 | 49 | 64 |
| Other financing activities | -101 | -101 | -100 | -94 |
| Net cash provided by (used for) financing activities | -29,702 | -47,060 | -61,245 | -68,723 |
| Increase (decrease) in cash and cash equivalents, including amounts restricted | 4,147 | -8,959 | 15,753 | -34,618 |
| Cash and cash equivalents, including amounts restricted at beginning of year | 65,514 | 74,473 | 58,720 | 93,338 |
| Cash and cash equivalents, including amounts restricted at end of year | 69,661 | 65,514 | 74,473 | 58,720 |
SCHWAB CHARLES CORP (SCHW-PJ)
SCHWAB CHARLES CORP (SCHW-PJ)