10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
SCHWAB CHARLES CORP | ||
Ticker: SCHW Fiscal Year: 2020 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2020 10-K (Filed: Feb 24, 2021) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2020 | Dec 31, 2019 | |
| Assets | ||
| Cash and cash equivalents | $ 40,348 | 29,345 |
| Cash and investments segregated and on deposit for regulatory purposes (including resale agreements of $14,904 and $9,028 at December 31, 2020 and 2019, respectively) | 50,399 [1] | 20,483 |
| Receivables from brokerage clients net | 64,440 | 21,767 |
| Available for sale securities | 337,400 | 61,422 |
| Held to maturity securities | 0 | 134,706 |
| Bank loans net | 23,813 | 18,212 |
| Equipment, office facilities, and property net | 2,883 | 2,128 |
| Goodwill | 11,952 | 1,227 |
| Acquired intangible assets net | 9,991 | 128 |
| Other assets | 7,783 | 4,587 |
| Total assets | 549,009 | 294,005 |
| Liabilities and Stockholders Equity | ||
| Bank deposits | 358,022 | 220,094 |
| Payables to brokerage clients | 104,201 | 39,220 |
| Accrued expenses and other liabilities | 17,094 | 5,516 |
| Long-term debt | 13,632 | 7,430 |
| Total liabilities | 492,949 | 272,260 |
| Stockholders equity: | ||
| Preferred stock $.01 par value per share; aggregate liquidation preference of $7,850 and $2,850 at December 31, 2020 and 2019, respectively | 7,733 | 2,793 |
| Common stock | 20 | 15 |
| Additional paid-in capital | 26,515 | 4,656 |
| Retained earnings | 21,975 | 19,960 |
| Treasury stock, at cost 193,577,648 and 201,818,100 shares at December 31, 2020 and 2019, respectively | (5,578) | (5,767) |
| Accumulated other comprehensive income (loss) | 5,394 | 88 |
| Total stockholders equity | 56,060 | 21,745 |
| Total liabilities and stockholders equity | 549,009 | 294,005 |
| Class of Stock | ||
| Nonvoting Common Stock | ||
| Common stock | 1 | 0 |
| Total stockholders equity | 1 | 0 |
| [1] Certain prior year amounts have been reclassified to conform to the current year presentation. See Note 1 for additional information. | ||
| External Links | |
| SCHWAB CHARLES CORP (SCHW) Fiscal Year 2020 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |