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Schwab Charles Corp. – ‘10-Q’ for 9/30/21 – ‘EX-32.1’

On:  Monday, 11/8/21, at 4:44pm ET   ·   For:  9/30/21   ·   Accession #:  316709-21-81   ·   File #:  1-09700

Previous ‘10-Q’:  ‘10-Q’ on 8/6/21 for 6/30/21   ·   Next:  ‘10-Q’ on 5/9/22 for 3/31/22   ·   Latest:  ‘10-Q’ on 5/9/24 for 3/31/24   ·   1 Reference:  By:  Charles Schwab Corp. – ‘10-K’ on 2/24/22 for 12/31/21

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  As Of               Filer                 Filing    For·On·As Docs:Size

11/08/21  Schwab Charles Corp.              10-Q        9/30/21  102:19M

Quarterly Report   —   Form 10-Q

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   2.25M 
 2: EX-10.425   Material Contract                                   HTML     59K 
 3: EX-31.1     Certification -- §302 - SOA'02                      HTML     32K 
 4: EX-31.2     Certification -- §302 - SOA'02                      HTML     32K 
 5: EX-32.1     Certification -- §906 - SOA'02                      HTML     30K 
 6: EX-32.2     Certification -- §906 - SOA'02                      HTML     30K 
13: R1          Cover Page                                          HTML     90K 
14: R2          Condensed Consolidated Statements of Income         HTML    138K 
15: R3          Condensed Consolidated Statements of Comprehensive  HTML     68K 
                Income                                                           
16: R4          Condensed Consolidated Balance Sheets               HTML    114K 
17: R5          Condensed Consolidated Balance Sheets               HTML     48K 
                (Parenthetical)                                                  
18: R6          Condensed Consolidated Statements of Stockholders'  HTML     93K 
                Equity                                                           
19: R7          Condensed Consolidated Statements of Stockholders'  HTML     30K 
                Equity (Parenthetical)                                           
20: R8          Condensed Consolidated Statements of Cash Flows     HTML    157K 
21: R9          Condensed Consolidated Statements of Cash Flows     HTML     38K 
                (Parenthetical)                                                  
22: R10         Introduction and Basis of Presentation              HTML     35K 
23: R11         New Accounting Standards                            HTML     39K 
24: R12         Business Acquisitions                               HTML     42K 
25: R13         Revenue Recognition                                 HTML     66K 
26: R14         Investment Securities                               HTML    188K 
27: R15         Bank Loans and Related Allowance for Credit Losses  HTML    388K 
28: R16         Variable Interest Entities                          HTML     49K 
29: R17         Bank Deposits                                       HTML     40K 
30: R18         Borrowings                                          HTML     97K 
31: R19         Commitments and Contingencies                       HTML     52K 
32: R20         Exit and Other Related Liabilities                  HTML    131K 
33: R21         Financial Instruments Subject to Off-Balance Sheet  HTML    107K 
                Credit Risk                                                      
34: R22         Fair Values of Assets and Liabilities               HTML    216K 
35: R23         Stockholders' Equity                                HTML    124K 
36: R24         Accumulated Other Comprehensive Income              HTML     86K 
37: R25         Earnings Per Common Share                           HTML     88K 
38: R26         Regulatory Requirements                             HTML    128K 
39: R27         Segment Information                                 HTML     93K 
40: R28         New Accounting Standards (Policy)                   HTML     31K 
41: R29         Business Acquisitions (Tables)                      HTML     38K 
42: R30         Revenue Recognition (Tables)                        HTML     61K 
43: R31         Investment Securities (Tables)                      HTML    248K 
44: R32         Bank Loans and Related Allowance for Credit Losses  HTML    389K 
                (Tables)                                                         
45: R33         Variable Interest Entities (Tables)                 HTML     50K 
46: R34         Bank Deposits (Tables)                              HTML     39K 
47: R35         Borrowings (Tables)                                 HTML     90K 
48: R36         Commitments and Contingencies (Tables)              HTML     35K 
49: R37         Exit and Other Related Liabilities (Tables)         HTML    128K 
50: R38         Financial Instruments Subject to Off-Balance Sheet  HTML    105K 
                Credit Risk (Tables)                                             
51: R39         Fair Values of Assets and Liabilities (Tables)      HTML    214K 
52: R40         Stockholders' Equity (Tables)                       HTML    124K 
53: R41         Accumulated Other Comprehensive Income (Tables)     HTML     88K 
54: R42         Earnings Per Common Share (Tables)                  HTML     87K 
55: R43         Regulatory Requirements (Tables)                    HTML    127K 
56: R44         Segment Information (Tables)                        HTML     89K 
57: R45         Business Acquisitions (TD Ameritrade Narrative)     HTML     49K 
                (Details)                                                        
58: R46         Business Acquisitions (Pro Forma Information)       HTML     36K 
                (Details)                                                        
59: R47         Business Acquisitions (USAA-IMCO Narrative)         HTML     33K 
                (Details)                                                        
60: R48         Revenue Recognition (Disaggregated Revenue)         HTML     74K 
                (Details)                                                        
61: R49         Revenue Recognition (Capitalized Contract Costs     HTML     30K 
                and Contract Balances) (Details)                                 
62: R50         Investment Securities (Amortized Cost, Gross        HTML     76K 
                Unrealized Gains and Losses, and Fair Value of                   
                Securities Available for Sale) (Details)                         
63: R51         Investment Securities (Narrative) (Details)         HTML     49K 
64: R52         Investment Securities (Available For Sale with      HTML     69K 
                Unrealized Losses, Aggregated by Category and                    
                Period of Continuous Unrealized Loss) (Details)                  
65: R53         Investment Securities (Maturities of Securities     HTML     92K 
                Available for Sale) (Details)                                    
66: R54         Investment Securities (Proceeds and Gross Realized  HTML     35K 
                Gains And Losses from Sales of Securities                        
                Available for Sale) (Details)                                    
67: R55         Bank Loans and Related Allowance for Credit Losses  HTML    128K 
                (Composition of Bank Loans and Delinquency                       
                Analysis by Loan Segment) (Details)                              
68: R56         Bank Loans and Related Allowance for Credit Losses  HTML     63K 
                (Changes in Allowance for Credit Losses) (Details)               
69: R57         Bank Loans and Related Allowance for Credit Losses  HTML     44K 
                (Nonperforming Assets and Troubled Debt                          
                Restructuring) (Details)                                         
70: R58         Bank Loans and Related Allowance for Credit Losses  HTML    192K 
                (Credit Quality Indicators of Bank Loan Portfolio)               
                (Details)                                                        
71: R59         Bank Loans and Related Allowance for Credit Losses  HTML     60K 
                (Narrative) (Details)                                            
72: R60         Bank Loans and Related Allowance for Credit Losses  HTML     43K 
                (Convert to Amortizing Loans) (Details)                          
73: R61         Variable Interest Entities (Aggregate Assets,       HTML     55K 
                Liabilities and Maximum Exposure to Loss)                        
                (Details)                                                        
74: R62         Bank Deposits (Details)                             HTML     39K 
75: R63         Borrowings (Long-term Debt Including Unamortized    HTML    144K 
                Debt Discounts and Premiums) (Details)                           
76: R64         Borrowings (Annual Maturities on Long-term Debt     HTML     53K 
                Outstanding) (Details)                                           
77: R65         Borrowings (Narrative) (Details)                    HTML     58K 
78: R66         Commitments and Contingencies (Commitments to       HTML     41K 
                Extend/Purchase) (Details)                                       
79: R67         Commitments and Contingencies (Narrative)           HTML     49K 
                (Details)                                                        
80: R68         Exit and Other Related Liabilities (Narrative)      HTML     42K 
                (Details)                                                        
81: R69         Exit and Other Related Liabilities (Summary of the  HTML     45K 
                Activity in Exit Liabilities) (Details)                          
82: R70         Exit and Other Related Liabilities (Summary of the  HTML    103K 
                Cumulative Acquisition-Related Exit Costs)                       
                (Details)                                                        
83: R71         Financial Instruments Subject to Off-Balance Sheet  HTML     31K 
                Credit Risk (Narrative) (Details)                                
84: R72         Financial Instruments Subject to Off-Balance Sheet  HTML    126K 
                Credit Risk (Offsetting Assets and Liabilities)                  
                (Details)                                                        
85: R73         Financial Instruments Subject to Off-Balance Sheet  HTML     44K 
                Credit Risk (Summary of the Fair Value of Client                 
                Securities Available to Utilize as Collateral and                
                Amounts Pledged) (Details)                                       
86: R74         Fair Values of Assets and Liabilities (Fair Value   HTML    151K 
                Hierarchy for Assets and Liabilities Measured at                 
                Fair Value on a Recurring Basis) (Details)                       
87: R75         Fair Values of Assets and Liabilities (Fair Value   HTML    101K 
                of Other Financial Instruments) (Details)                        
88: R76         Stockholders' Equity (Narrative) (Details)          HTML     66K 
89: R77         Stockholders' Equity (Preferred Stock Issued and    HTML    101K 
                Outstanding) (Details)                                           
90: R78         Stockholders' Equity (Dividends Declared)           HTML     57K 
                (Details)                                                        
91: R79         Accumulated Other Comprehensive Income (Components  HTML     69K 
                of Other Comprehensive Income (Loss)) (Details)                  
92: R80         Accumulated Other Comprehensive Income              HTML     48K 
                (Accumulated Other Comprehensive Income Balances)                
                (Details)                                                        
93: R81         Earnings Per Common Share (Details)                 HTML     95K 
94: R82         Regulatory Requirements (Regulatory Capital and     HTML    106K 
                Ratios) (Details)                                                
95: R83         Regulatory Requirements (Narrative) (Details)       HTML     41K 
96: R84         Regulatory Requirements (Net Capital and Net        HTML     42K 
                Capital Requirements for CS&Co) (Details)                        
97: R85         Segment Information (Narrative) (Details)           HTML     29K 
98: R86         Segment Information (Financial Information for      HTML     78K 
                Reportable Segments) (Details)                                   
100: XML         IDEA XML File -- Filing Summary                      XML    196K  
12: XML         XBRL Instance -- schw-20210930_htm                   XML   7.02M 
99: EXCEL       IDEA Workbook of Financial Reports                  XLSX    148K 
 8: EX-101.CAL  XBRL Calculations -- schw-20210930_cal               XML    328K 
 9: EX-101.DEF  XBRL Definitions -- schw-20210930_def                XML   1.10M 
10: EX-101.LAB  XBRL Labels -- schw-20210930_lab                     XML   2.39M 
11: EX-101.PRE  XBRL Presentations -- schw-20210930_pre              XML   1.45M 
 7: EX-101.SCH  XBRL Schema -- schw-20210930                         XSD    263K 
101: JSON        XBRL Instance as JSON Data -- MetaLinks              553±   827K  
102: ZIP         XBRL Zipped Folder -- 0000316709-21-000081-xbrl      Zip    550K  


‘EX-32.1’   —   Certification — §906 – SOA’02


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 <!   C:   C: 
  Document  

THE CHARLES SCHWAB CORPORATION 
EXHIBIT 32.1


CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of The Charles Schwab Corporation (the Company) on Form 10-Q for the quarter ended September 30, 2021 (the Report), I, Walter W. Bettinger II, Chief Executive Officer of the Company, hereby certify, pursuant to 18 U.S.C. section 1350, as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge:

(1)The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2)    The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company for the periods presented therein.


/s/ Walter W. Bettinger II Date:November 8, 2021
Walter W. Bettinger II   
Chief Executive Officer   























A signed original of this written statement required by Section 906 has been provided to The Charles Schwab Corporation and will be retained by The Charles Schwab Corporation and furnished to the Securities and Exchange Commission or its staff upon request.


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:11/8/214
For Period end:9/30/21
 List all Filings 


1 Subsequent Filing that References this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/24/22  Charles Schwab Corp.              10-K       12/31/21  162:27M
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Filing Submission 0000316709-21-000081   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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