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EXHIBIT 99.1 | ||
News Release Contacts: | ![]() | |
MEDIA: Mayura Hooper Charles Schwab Phone: 415-667-1525 | INVESTORS/ANALYSTS: Rich Fowler Charles Schwab Phone: 415-667-1841 |
Three Months Ended December 31, | % | Twelve Months Ended December 31, | % | |||||||||||||||||
Financial Highlights | 2019 | 2018 | Change | 2019 | 2018 | Change | ||||||||||||||
Net revenues (in millions) | $ | 2,606 | $ | 2,669 | (2)% | $ | 10,721 | $ | 10,132 | 6% | ||||||||||
Net income (in millions) | $ | 852 | $ | 935 | (9)% | $ | 3,704 | $ | 3,507 | 6% | ||||||||||
Diluted earnings per common share | $ | .62 | $ | .65 | (5)% | $ | 2.67 | $ | 2.45 | 9% | ||||||||||
Pre-tax profit margin | 42.7 | % | 45.3 | % | 45.2 | % | 45.0 | % | ||||||||||||
Return on average common | ||||||||||||||||||||
stockholders’ equity (annualized) | 17 | % | 20 | % | 19 | % | 19 | % | ||||||||||||
EPS Impact of Certain Items | ||||||||||||||||||||
$25 million in expenses relating to | $ | (.01 | ) | — | $ | (.01 | ) | — | ||||||||||||
pending acquisitions (1) | ||||||||||||||||||||
$62 million charge relating to position | $ | — | — | $ | (.04 | ) | — | |||||||||||||
eliminations (2) | ||||||||||||||||||||
Note: All per-share results are rounded to the nearest cent, based on weighted-average diluted common shares outstanding. |
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