Summary
The Charles Schwab Corporation filed an 8-K on October 15, 2019, primarily to furnish a press release announcing its financial results for the third quarter ended September 30, 2019. While the 8-K itself does not contain the detailed financial data, it directs investors to the accompanying press release (Exhibit 99.1) for the specific operational and financial condition outcomes for the period. Investors should review this press release for key metrics such as revenue, earnings per share, client assets, and net new assets, which would have been disclosed on that date.
Key Highlights
- 1The 8-K filing on October 15, 2019, serves to officially report Schwab's third-quarter 2019 financial results.
- 2The core information regarding the company's performance is contained within the press release furnished as Exhibit 99.1.
- 3Investors need to refer to the press release for detailed financial figures and operational performance metrics for the quarter ending September 30, 2019.
- 4The filing was made by Peter Crawford, Executive Vice President and Chief Financial Officer.
- 5This report is a standard disclosure mechanism for material events, in this case, quarterly earnings.
Frequently Asked Questions
The 8-K filing itself does not contain the detailed financial results. Investors must refer to the press release dated October 15, 2019 (Exhibit 99.1) which was furnished with this report for Schwab's Q3 2019 financial and operational performance.
The actual financial figures, including revenue, net income, earnings per share, and client asset data for the quarter ended September 30, 2019, are located in the press release furnished as Exhibit 99.1 to this 8-K filing.
This 8-K filing's primary purpose is to officially report that Schwab has released its Q3 2019 financial results. The detailed information is provided in the press release (Exhibit 99.1) that is furnished as part of this filing, rather than being embedded within the 8-K document itself.