Robinhood (HOOD) Reports August 2024 Operating Data

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Go back to Robinhood (HOOD) Reports August 2024 Operating Data

Robinhood Markets, Inc. Reports August 2024 Operating Data

September 9, 2024 4:05 PM EDT

MENLO PARK, Calif., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (Robinhood) (NASDAQ: HOOD) today reported select monthly operating data for August 2024:

Funded Customers at the end of August were 24.3 million (up approximately 60 thousand from July 2024, up over one million year-over-year).

Assets Under Custody (AUC) at the end of August were $143.6 billion (down 1% from July 2024, up 60% year-over-year). Net Deposits were $3.3 billion in August, translating to a 27% annualized growth rate relative to July 2024 AUC. Over the last twelve months, Net Deposits were $37.5 billion, translating to an annual growth rate of 42%... More