Schwab Charles (SCHW) Interest Expenses (2009 - 2026)
Schwab Charles' Interest Expenses was $789 million in Q2 2026, down 18.2% from $965 million a year earlier and down 3.5% from the prior quarter.
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Analysis
Schwab Charles (SCHW) Interest Expenses (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Schwab Charles' Interest Expenses was $3.35 billion through Jun 30, 2026, down 33.7% year-over-year; for FY2025, it came in at $3.75 billion, down 41.3% from FY2024.
- Interest Expenses shows a five-year compound annual growth rate of 55.1% (FY2020 to FY2025).
- In earlier years, Interest Expenses was $6.39 billion in FY2024 (-4.4%), $6.68 billion in FY2023 (+332.6%), $1.55 billion in FY2022 (+224.6%) and $476 million in FY2021 (+13.9%).
- The Q2 2026 figure marks the lowest quarterly Interest Expenses since Q3 2022.
- Compared with a year earlier, Interest Expenses has declined for nine straight quarters, with an average decline of 29.7% over the last eight quarters.
- The best year-over-year quarter for Interest Expenses over five years was Q2 2023 (growth of 992.8%); the worst was Q3 2025 (a decline of 46.9%).
- Per Business Quant data, SCHW's Interest Expenses in the three quarters before Q2 2026 was $818 million (Q1 2026), $832 million (Q4 2025) and $906 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | 25.11 Bn |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | -538.61 Bn |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | 17.84 Bn |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | 13.12 Bn |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | 12.80 Bn |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | 9.12 Bn |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | 18.09 Bn |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | 10.97 Bn |
| 10 | Schwab Charles | 167.23 Bn | 5.07 Bn | - | 789.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 789.00 Mn |
| Mar 31, 2026 | 818.00 Mn |
| Dec 31, 2025 | 832.00 Mn |
| Sep 30, 2025 | 906.00 Mn |
| Jun 30, 2025 | 965.00 Mn |
| Mar 31, 2025 | 1.05 Bn |
| Dec 31, 2024 | 1.32 Bn |
| Sep 30, 2024 | 1.71 Bn |
| Jun 30, 2024 | 1.66 Bn |
| Mar 31, 2024 | 1.71 Bn |
| Dec 31, 2023 | 1.83 Bn |
| Sep 30, 2023 | 1.79 Bn |
| Jun 30, 2023 | 1.81 Bn |
| Mar 31, 2023 | 1.25 Bn |
| Dec 31, 2022 | 812.00 Mn |
| Sep 30, 2022 | 431.00 Mn |
| Jun 30, 2022 | 166.00 Mn |
| Mar 31, 2022 | 136.00 Mn |
| Dec 31, 2021 | 128.00 Mn |
| Sep 30, 2021 | 123.00 Mn |
API Access
Schwab Charles Interest Expenses 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-expenses&ticker=SCHW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=SCHW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();