
Westlake, Texas-based The Charles Schwab Corporation (SCHW) operates as a savings and loan holding company. With a market cap of $126.2 billion, Charles Schwab provides various services including wealth management, securities brokerage, banking, asset management, custody, and financial advisory.
The capital markets giant has lagged behind the broader market over the past year. SCHW stock is up 3.1% on a YTD basis and 27.1% over the past 52 weeks underperforming the S&P 500 Index’s ($SPX) surge of 19.8% in 2024 and 31.1% over the past year.