HealthEquity (HQY) HSAs Increase 17%, Assets Rise 19%

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Go back to HealthEquity (HQY) HSAs Increase 17%, Assets Rise 19%

HealthEquity Reports Year-End Sales Metrics

February 6, 2019 4:07 PM EST

DRAPER, Utah, Feb. 06, 2019 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity" or the "Company"), one of the nation's largest health savings account ("HSA") custodians, today announced HSA Member and custodial assets as of its fiscal year ended January 31, 2019.

The total number of HSAs for which it serves as a non-bank custodian ("HSA Members") as of January 31, 2019 was 4.0 million, an increase of 17%, from 3.4 million as of January 31, 2018. Total custodial assets held by HSA Members as of January 31, 2019 was $8.1 billion, an increase of 19% from $6.8 billion a year earlier.

Jon Kessler, President and CEO of HealthEquity,... More