Charles Schwab (NYSE:SCHW) shares dropped Monday. This, after the company once again brought employees together across the country for its annual Schwab Volunteer Week, a long-standing initiative dedicated to supporting local communities. This year’s effort engaged more than 8,500 employees in more than 10,000 volunteer opportunities and served 350 nonprofits nationwide.
Schwab’s approach to community engagement extends year-round. In 2025, nearly 13,000 employees contributed more than 156,000 hours in support of 555 nonprofits. Through benefits such as paid volunteer time off, charitable donation matching, and volunteer donation credits, Schwab continues to invest in creating opportunities for employees to give back to their communities in ways that are meaningful to them.
“An annual signature employee volunteerism event as part of Schwab's year-round commitment to community service, Schwab Volunteer Week offers a mix of in-person and virtual opportunities that reflect the causes employees care about most,” according to this morning’s news release.
Projects are organized in collaboration with nonprofit partners and guided by Schwab’s network of employee community ambassadors, who help identify local needs and coordinate volunteer efforts across regions.
Said Chris Wyse, Chief Corporate Affairs Officer. “That kind of commitment doesn't happen by accident. It reflects who our people are and what this company stands for, and it's something we work to sustain every day of the year."
SCHW shares docked 32 cents to $88.28.
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