Robinhood (HOOD) Posts May 2024 Operating Data

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Go back to Robinhood (HOOD) Posts May 2024 Operating Data

Robinhood Markets, Inc. Reports May 2024 Operating Data

June 11, 2024 4:05 PM EDT

MENLO PARK, Calif., June 11, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (Robinhood) (NASDAQ: HOOD) today reported select monthly operating data for May 2024:

Funded Customers at the end of May were 24.1 million (up approximately 120 thousand from April 2024, up 960 thousand year-over-year).

Assets Under Custody (AUC) at the end of May were $135.0 billion (up 9% from April 2024, up 65% year-over-year). Net Deposits were $3.6 billion in May, translating to a 35% annualized growth rate relative to April 2024 AUC. Over the last twelve months, Net Deposits were $29.4 billion, translating to an annual growth rate of 36% relative to May 2023... More