Operating
Change in Brokerage Client Payables
Charles Schwab Corporation Change in Brokerage Client Payables decreased by 84.4% to $944.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 92.4%, from $12.40B to $944.00M. Over 3 years (FY 2021 to FY 2025), Change in Brokerage Client Payables shows a downward trend with a -11.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ4 2025
How to read this metric
An increase indicates higher client cash deposits, which provides more liquidity and potential interest income for the firm.
Detailed definition
This represents the net change in cash balances held by the firm on behalf of its brokerage clients. These balances are...
Peer comparison
A core liquidity metric for all major brokerage and wealth management firms.
Metric ID:
cf_schw_change_in_brokerage_client_payablesHistorical Data
18 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.67B | $8.04B | $12.62B | -$364.00M | -$10.43B | -$4.87B | -$12.57B | -$9.89B | -$2.76B | -$11.98B | -$782.00M | -$4.04B | $9.20B | $12.40B | -$980.00M | $8.78B | $6.04B | $944.00M |
| QoQ Change | — | +118.9% | +57.0% | -102.9% | <-999% | +53.3% | -158.3% | +21.4% | +72.1% | -334.3% | +93.5% | -416.4% | +327.8% | +34.8% | -107.9% | +995.5% | -31.2% | -84.4% |
| YoY Change | — | — | — | — | -383.9% | -160.5% | -199.6% | <-999% | +73.5% | -146.0% | +92.1% | -46.4% | +176.8% | — | -25.3% | +317.3% | -34.3% | -92.4% |
Range-$12.57B – $12.62B
CAGR-27.4%
Avg YoY Growth-234.2%
Median YoY Growth-46.4%
Current Streak2 quarters decline
Change in Brokerage Client Payables at Other Companies
Frequently Asked Questions
- What is Charles Schwab Corporation's change in brokerage client payables?
- Charles Schwab Corporation (SCHW) reported change in brokerage client payables of $944.00M in Q4 2025.
- How has Charles Schwab Corporation's change in brokerage client payables changed year-over-year?
- Charles Schwab Corporation's change in brokerage client payables decreased by 92.4% year-over-year, from $12.40B to $944.00M.
- What is the long-term trend for Charles Schwab Corporation's change in brokerage client payables?
- Over 3 years (2021 to 2025), Charles Schwab Corporation's change in brokerage client payables has grown at a -11.7% compound annual growth rate (CAGR), from $21.47B to $14.78B.
- What does change in brokerage client payables mean?
- The net change in cash held by the firm on behalf of its brokerage clients.