Charles Schwab Bank, SSB
Charles Schwab Bank, SSB reported total assets of $250.8 bn at Q2 2026, up 1.3% on a year earlier, the 17th largest of 497 banks in our US coverage. The CET1 capital ratio at Charles Schwab Bank, SSB was 30.15%, and the uninsured share of Charles Schwab Bank, SSB was 19.04%. Source: FDIC Call Reports.
Key takeaways
- On return on equity (ROE), Charles Schwab Bank, SSB climbed from 290th to 59th among 500 US banks between and (1 = highest; FDIC Call Reports).
- Charles Schwab Bank, SSB has one of the highest common equity tier 1 (CET1) ratio readings among banks of over $100 bn: 30.15% at , against a median of 13.06% across 32 banks (FDIC Call Reports).
- The efficiency ratio of Charles Schwab Bank, SSB, 17.57% at , places Charles Schwab Bank, SSB in the bottom tenth of banks of over $100 bn (group median 54.78%; FDIC Call Reports).
What sets Charles Schwab Bank, SSB apart
- Among the 32 banks of over $100 bn, few report a lower noncurrent loans to total loans than Charles Schwab Bank, SSB, at 0.04% in ; the group median is 0.85%.
- Over the year to , the bank equity capital of Charles Schwab Bank, SSB fell by 14.8% to $18.1 bn, a bigger fall than at 99% of covered banks.
- Over the year to , the net interest margin of Charles Schwab Bank, SSB rose by 0.70 pp to 2.14%, a bigger rise than at 97% of covered banks.
How large is Charles Schwab Bank, SSB?
The balance sheet of Charles Schwab Bank, SSB at : assets $250.8 bn, deposits $225.2 bn, net loans $67.2 bn (loans equal to 29.85% of deposits). Securities make up 63.4% of total assets at Charles Schwab Bank, SSB. Since , when Charles Schwab Bank, SSB held $147.0 bn, its assets grew 70.6%. In the year to , deposits at Charles Schwab Bank, SSB rose 7.5% while its total assets rose 1.3%. At , Charles Schwab Bank, SSB employed 1,133 full-time equivalent staff across 1 office, about $221.4 mn of assets per employee and $225.2 bn of deposits per office.
How much funding at Charles Schwab Bank, SSB is uninsured?
At Charles Schwab Bank, SSB, uninsured deposits (above the FDIC limit) made up 19.04% of domestic deposits at (+2.20 pp on a year earlier); Charles Schwab Bank, SSB ranks 417th of 500 on this measure. In dollars, Charles Schwab Bank, SSB estimated $42.9 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $225.2 bn | +7.5% | 16th of 499 |
| Net loans and leases | $67.2 bn | +39.0% | 27th of 500 |
| Loan-to-deposit ratio | 29.85% | +6.77 pp | 486th of 500 |
| Tier 1 leverage ratio | 10.65% | -1.51 pp | 211th of 500 |
| Total risk-based capital ratio | 30.19% | -11.82 pp | 16th of 448 |
| Net interest margin | 2.14% | +0.70 pp | 477th of 500 |
| Return on assets (ROA) | 1.33% | +0.53 pp | 235th of 500 |
| Efficiency ratio | 17.57% | -6.74 pp | 7th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $8.5 bn | Narrowed by $379.0 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $3.6 bn | Narrowed by $1.1 bn | |
| Noncurrent loans to total loans | 0.04% | -0.04 pp | 20th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.00% | 0.00 pp | 50th of 500 (1 = lowest) |
US rank of Charles Schwab Bank, SSB: 1 = highest unless marked 1 = lowest.
Balance sheet
Charles Schwab Bank, SSB: assets, deposits and loans
- Total assets $251bn
- Deposits $225bn
- Net loans $67.2bn
Capital and securities
The CET1 ratio of Charles Schwab Bank, SSB stood at 30.15% in , -11.83 pp year on year. Low and high at Charles Schwab Bank, SSB since : 18.63% () to 43.37% (). Equity capital of Charles Schwab Bank, SSB at : $18.1 bn, or 7.2% of total assets. Charles Schwab Bank, SSB also reported a total capital ratio of 30.19% for , and a tier 1 leverage ratio of 10.65%.
On held-to-maturity securities, Charles Schwab Bank, SSB carried an unrealized loss of $8.5 bn at , equal to 47.0% of equity capital. The loss narrowed by $379.0 mn over the year. Its deepest point: $17.3 bn in . The available-for-sale portfolio of Charles Schwab Bank, SSB showed an unrealized loss of $3.6 bn at ; the loss narrowed by $1.1 bn over the year.
Charles Schwab Bank, SSB: capital ratios
- Total capital 30%
- CET1 30%
- Tier 1 leverage 11%
Charles Schwab Bank, SSB: unrealized securities gains and losses
- Available for sale -$3.6bn
- Held to maturity -$8.5bn
Profitability and loan quality
For the year to , Charles Schwab Bank, SSB earned a return on equity of 18.03%; return on assets: 1.33%. Net interest margin at Charles Schwab Bank, SSB: 2.14%, +0.70 pp in a year. Charles Schwab Bank, SSB net income: $1.7 bn, up 58.9% year on year. The efficiency ratio of Charles Schwab Bank, SSB was 17.57%: about 18 cents cost per revenue dollar, against 63 cents at the median peer.
At , noncurrent loans were 0.04% of total loans at Charles Schwab Bank, SSB; net charge-offs: 0.00% of average loans. Gross loans and leases at Charles Schwab Bank, SSB: $67.3 bn, up 39.1% in a year.
Charles Schwab Bank, SSB: profitability
- Return on equity 18%
- Net interest margin 2.1%
- Return on assets 1.3%
Peer group of Charles Schwab Bank, SSB
The peer group of Charles Schwab Bank, SSB is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 0 share the charter type of Charles Schwab Bank, SSB (state member bank), 6 sit in the same size group (over $100 bn) and 0 have head offices in Texas. Against them, Charles Schwab Bank, SSB shows CET1 ratio 30.15% against a peer median of 12.16%, return on equity 18.03% against a peer median of 8.98% and uninsured deposit share 19.04% against a peer median of 40.94%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Fifth Third Bank | National bank | OH | $299.2 bn | 11.70% | 7.89% | 44.48% | |
| The Huntington National Bank | National bank | OH | $283.1 bn | 11.82% | 9.47% | 32.46% | |
| BMO Bank | National bank | IL | $255.0 bn | 14.97% | 0.99% | 52.71% | |
| Charles Schwab Bank, SSB | State member bank | TX | $250.8 bn | 30.15% | 18.03% | 19.04% | |
| Morgan Stanley Private Bank | National bank | NY | $250.4 bn | 24.99% | 16.07% | 19.47% | |
| First-Citizens Bank & Trust Company | State nonmember bank | NC | $236.3 bn | 12.41% | 10.29% | 37.40% | |
| Citizens Bank | National bank | RI | $232.5 bn | 11.92% | 8.50% | 47.48% | |
. FDIC Call Reports.
Last eight quarters
Two years at Charles Schwab Bank, SSB, to : assets -8.0%, deposits +1.4%, equity -7.7%. Staff 1,002 to 1,133.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $272.7 bn | $275.4 bn | $260.4 bn | $247.7 bn | $243.1 bn | $253.8 bn | $242.9 bn | $250.8 bn |
| Total deposits | $222.2 bn | $231.3 bn | $219.9 bn | $209.5 bn | $214.3 bn | $230.5 bn | $219.9 bn | $225.2 bn |
| Bank equity capital | $19.6 bn | $19.7 bn | $21.3 bn | $21.2 bn | $21.3 bn | $18.7 bn | $18.3 bn | $18.1 bn |
| CET1 ratio | 40.55% | 41.70% | 43.37% | 41.98% | 40.81% | 35.93% | 33.99% | 30.15% |
| Return on equity (ROE) | 3.44% | 4.54% | 9.64% | 10.03% | 10.72% | 11.76% | 17.40% | 18.03% |
| Uninsured share of domestic deposits | 14.29% | 15.67% | 16.02% | 16.84% | 17.01% | 18.94% | 16.11% | 19.04% |
| Full-time equivalent employees | 1,002 | 998 | 1,031 | 1,062 | 1,074 | 1,063 | 1,127 | 1,133 |
| Number of offices | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
FDIC Call Reports.
Mergers and acquisitions
No merger or acquisition by Charles Schwab Bank, SSB appears in the FDIC history since , and its total assets never moved more than 25% in one quarter.
Questions and identifiers
What were the total assets of Charles Schwab Bank, SSB?
Charles Schwab Bank, SSB reported $250.8 bn at in its Call Report. That makes Charles Schwab Bank, SSB the 17th largest of 497 banks in our US coverage.
Is Charles Schwab Bank, SSB the same as its holding company?
No. This page covers Charles Schwab Bank, SSB, FDIC certificate 57450; CHARLES SCHWAB CORP THE (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Charles Schwab Bank, SSB profitable?
Charles Schwab Bank, SSB reported net income of $1.7 bn for the year to ; annualized return on equity: 18.03%. So yes: Charles Schwab Bank, SSB made a profit over these months.
When is data for Charles Schwab Bank, SSB next updated?
Figures from Charles Schwab Bank, SSB for are due after .
Where can I check the figures for Charles Schwab Bank, SSB?
In the FDIC BankFind Suite record for certificate 57450, and in the Call Reports of Charles Schwab Bank, SSB (RSSD ID 3150447) at the FFIEC Central Data Repository.