Schwab Reports Monthly Activity Highlights
Charles Schwab Corporation (The) (SCHW)
Last charles schwab corporation (the) earnings: 4/15 08:45 am
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aboutschwab.com/investor-relations
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Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of February 2020 include:This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200313005054/en/Core net new assets brought to the company by new and existing clients totaled $24.4 billion. Net new assets excluding mutual fund clearing totaled $24.0 billion.Total client assets were $3.86 trillion as of month-end February, up 9% from February 2019 and down 5% compared to January 2020.Client cash as a percentage of assets was 12.0% as of month-end February, compared with 11.5% in February 2019 and 11.3% in January 2020.Commentary from the CFOPeter Crawford, Executive Vice President and Chief Financial Officer, provides perspective on client activity during the current extraordinary market environment at: https://www.aboutschwab.com/cfo-commentary.About Charles SchwabThe Charles Schwab Corpora
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