Schwab Charles (SCHW) Tax Provisions (2009 - 2026)
Schwab Charles' Tax Provisions came in at $869 million for Q2 2026, up 28.4% from $677 million a year earlier and up 22.6% from the prior quarter.
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Analysis
Schwab Charles (SCHW) Tax Provisions (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Schwab Charles reported Tax Provisions of $2.96 billion, up 39.6% year-over-year; for FY2025, it came in at $2.61 billion, up 49.0% from FY2024.
- Tax Provisions carries a five-year compound annual growth rate of 21.1% (FY2020 to FY2025).
- Going back by year, Tax Provisions was $1.75 billion in FY2024 (+33.5%), $1.31 billion in FY2023 (-40.5%), $2.21 billion in FY2022 (+18.7%) and $1.86 billion in FY2021 (+85.6%).
- The Q2 2026 figure represents the highest quarterly Tax Provisions in data going back to Q1 2009.
- Year-over-year, Tax Provisions has increased for nine consecutive quarters, with growth averaging 66.8% over the last eight quarters.
- The fastest year-over-year change in Tax Provisions over five years came in Q4 2024 (growth of 212.1%), and the weakest in Q4 2023 (a decline of 76.3%).
- Business Quant data shows SCHW's Tax Provisions at $709 million (Q1 2026), $721 million (Q4 2025) and $663 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | 6.36 Bn |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | -51.13 Bn |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | 2.49 Bn |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | 1.70 Bn |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | 1.24 Bn |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | 1.17 Bn |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | 1.94 Bn |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | 1.40 Bn |
| 10 | Schwab Charles | 167.23 Bn | 5.07 Bn | - | 869.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 869.00 Mn |
| Mar 31, 2026 | 709.00 Mn |
| Dec 31, 2025 | 721.00 Mn |
| Sep 30, 2025 | 663.00 Mn |
| Jun 30, 2025 | 677.00 Mn |
| Mar 31, 2025 | 546.00 Mn |
| Dec 31, 2024 | 465.00 Mn |
| Sep 30, 2024 | 434.00 Mn |
| Jun 30, 2024 | 415.00 Mn |
| Mar 31, 2024 | 436.00 Mn |
| Dec 31, 2023 | 149.00 Mn |
| Sep 30, 2023 | 258.00 Mn |
| Jun 30, 2023 | 397.00 Mn |
| Mar 31, 2023 | 507.00 Mn |
| Dec 31, 2022 | 630.00 Mn |
| Sep 30, 2022 | 657.00 Mn |
| Jun 30, 2022 | 481.00 Mn |
| Mar 31, 2022 | 437.00 Mn |
| Dec 31, 2021 | 443.00 Mn |
| Sep 30, 2021 | 485.00 Mn |
API Access
Schwab Charles Tax Provisions 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=tax-provisions&ticker=SCHW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=SCHW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();