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Stock impact report

Schwab Reports Monthly Activity Highlights

Charles Schwab Corporation (The) (SCHW) 
Last charles schwab corporation (the) earnings: 4/15 08:45 am Check Earnings Report
US:NYSE Investor Relations: aboutschwab.com/investor-relations
Company Research Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of August 2019 include:This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190916005220/en/Core net new assets brought to the company by new and existing clients totaled $19.9 billion. Net new assets excluding mutual fund clearing totaled $17.7 billion.Total client assets were $3.72 trillion as of month-end August, up 5% from August 2018 and down 1% compared to July 2019.Average interest-earning assets on the company’s balance sheet were $265.0 billion in August, up 2% from August 2018 and up slightly compared to July 2019.CFO Peter Crawford commented, “We recently initiated a process to review our cost base to ensure we remain properly positioned to serve clients while navigating a more challenging operating environment. Last Tuesday, we notified our employees that, based on this review Show less Read more
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