10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
SCHWAB CHARLES CORP | |||
Ticker: SCHW Fiscal Year: 2015 | |||
Consolidated Statements of Income | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 24, 2016) | |||
(In Millions) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
Net Revenues | |||
Asset management and administration fees | $ 2,650 | 2,533 | 2,315 |
Interest revenue | 2,657 | 2,374 | 2,085 |
Interest expense | (132) | (102) | (105) |
Net interest revenue | 2,525 | 2,272 | 1,980 |
Trading revenue | 866 | 907 | 913 |
Other | 328 | 343 | 236 |
Provision for loan losses | 11 | 4 | 1 |
Net impairment losses on securities | (1) | (10) | |
Total net revenues | 6,380 | 6,058 | 5,435 |
Expenses Excluding Interest | |||
Compensation and benefits | 2,241 | 2,184 | 2,027 |
Professional services | 459 | 457 | 415 |
Occupancy and equipment | 353 | 324 | 309 |
Advertising and market development | 249 | 245 | 257 |
Communications | 233 | 223 | 220 |
Depreciation and amortization | 224 | 199 | 202 |
Other | 342 | 311 | 300 |
Total expenses excluding interest | 4,101 | 3,943 | 3,730 |
Income before taxes on income | 2,279 | 2,115 | 1,705 |
Taxes on income | 832 | 794 | 634 |
Net Income | 1,447 | 1,321 | 1,071 |
Preferred stock dividends and other | 83 | 60 | 61 [1] |
Net Income Available to Common Stockholders | 1,364 | 1,261 | 1,010 |
Weighted-Average Common Shares Outstanding: Basic | 1,315 | 1,303 | 1,285 |
Weighted-Average Common Shares Outstanding: Diluted | 1,327 | 1,315 | 1,293 |
Earnings Per Common Share: Basic | 1.04 | 0.96 | 0.78 |
Earnings Per Common Share: Diluted | 1.03 | 0.95 | 0.78 |
Dividends Declared Per Common Share | 0.24 | 0.24 | 0.24 |
[1] Includes preferred stock dividends and undistributed earnings and dividends allocated to non-vested restricted stock units. |
External Links | |
SCHWAB CHARLES CORP (SCHW) Fiscal Year 2015 | |
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 |