Schwab Charles (SCHW) Interest Expense - Deposits (2021 - 2026)
Schwab Charles (SCHW) posted Interest Expense - Deposits of $114 million for Q2 2026, down 65.0% from $326 million a year earlier and down 3.4% from the prior quarter.
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Analysis
Schwab Charles (SCHW) Interest Expense - Deposits (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Expense - Deposits at Schwab Charles was $655 million, down 69.6% year-over-year; for FY2025, it came in at $1.19 billion, down 62.4% from FY2024.
- Annual Interest Expense - Deposits shows a five-year compound annual growth rate of 66.4% (FY2020 to FY2025).
- In prior years, Schwab Charles' Interest Expense - Deposits was $3.15 billion in FY2024 (-6.3%), $3.36 billion in FY2023 (+365.1%), $723 million in FY2022 and $54 million in FY2021 (-41.9%).
- The Q2 2026 figure stands as the lowest quarterly Interest Expense - Deposits since Q2 2022.
- On a year-over-year basis, Interest Expense - Deposits has declined in each of the last nine quarters, with an average decline of 55.2% over the last eight quarters.
- The strongest year-over-year quarter for Interest Expense - Deposits in the past five years was Q3 2023, with growth of 278.0%; the weakest was Q1 2026, with a decline of 72.9%.
- According to Business Quant data, Interest Expense - Deposits for the three prior quarters was $118 million (Q1 2026), $175 million (Q4 2025) and $248 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | 10.76 Bn |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | 7.37 Bn |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | 2.70 Bn |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | 7.85 Bn |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | 3.48 Bn |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | 5.10 Bn |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | 5.52 Bn |
| 10 | Schwab Charles | 167.23 Bn | 5.07 Bn | - | 114.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 114.00 Mn |
| Mar 31, 2026 | 118.00 Mn |
| Dec 31, 2025 | 175.00 Mn |
| Sep 30, 2025 | 248.00 Mn |
| Jun 30, 2025 | 326.00 Mn |
| Mar 31, 2025 | 436.00 Mn |
| Dec 31, 2024 | 550.00 Mn |
| Sep 30, 2024 | 841.00 Mn |
| Jun 30, 2024 | 840.00 Mn |
| Mar 31, 2024 | 921.00 Mn |
| Dec 31, 2023 | 971.00 Mn |
| Sep 30, 2023 | 911.00 Mn |
| Jun 30, 2023 | 863.00 Mn |
| Mar 31, 2023 | 618.00 Mn |
| Dec 31, 2022 | 438.00 Mn |
| Sep 30, 2022 | 241.00 Mn |
| Jun 30, 2022 | 28.00 Mn |
| Mar 31, 2022 | 16.00 Mn |
| Dec 31, 2021 | 14.00 Mn |
| Sep 30, 2021 | 14.00 Mn |
API Access
Schwab Charles Interest Expense - Deposits API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=SCHW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "ticker": "SCHW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=SCHW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();