Charles Schwab Corporation
2.54 %
10.59 %
Yet to be announced
Company Overview
Charles Schwab Corporation provides retail brokerage, investment advisory, banking and trust, retirement plan, and other corporate brokerage services. The Advisor Services segment offers custodial, trading, banking, and support services; and retirement business and corporate brokerage retirement services.
Revenue Sources
FailBased on the financial data analysis, a significant portion of Charles Schwab's revenue comes from interest-based activities. The company generates substantial income from lending and borrowing activities, which are considered haram sources.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Dec. 31, 2024 | $5.33b | $1.32b | $2.53b | $1.32b | 47.49% | 100.00% |
| Sept. 30, 2024 | $4.85b | $1.71b | $2.22b | $1.71b | 45.84% | 100.00% |
| June 30, 2024 | $4.69b | $1.66b | $2.16b | $1.66b | 46.01% | 100.00% |
| March 31, 2024 | $4.74b | $1.71b | $2.23b | $1.71b | 47.11% | 100.00% |
The company's business model is heavily dependent on interest-based operations. Analysis of the last four quarters shows interest income consistently represents over 45% of total revenue, while interest expenses make up a significant portion of total expenses. This indicates that interest is central to the company's operations and not incidental.
Operational Ethics
PassBased on available information from SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company primarily operates in the United States and maintains standard regulatory compliance in its international operations.
Comments