
Based in Westlake, Texas, The Charles Schwab Corporation (SCHW) operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company is valued at a market cap of $147.3 billion.
Shares of this financial services giant have outpaced the broader market over the past 52 weeks. Charles Schwab has rallied 30% over this time frame, while the broader S&P 500 Index ($SPX) has gained 21.8%. Moreover, on a YTD basis, the stock is up 10.5%, compared to SPX’s 2.7% rise.