Ads
related to: brokerage cash in robinhoodparknationalbank.com has been visited by 10K+ users in the past month
Search results
Results From The WOW.Com Content Network
Finally, Robinhood Gold, the company's subscription offering, costs $5 per month or $50 annually and offers users benefits like higher yields on uninvested brokerage cash.
For example, E-Trade offers just 0.01 percent APY on brokerage accounts with less than $500,000 in cash. J.P. Morgan brokerage accounts earn the same 0.01 percent through its deposit sweep program ...
Robinhood co-founder Baiju Bhatt (left) and moderator Josh Constine (right) speak onstage during Day 2 of TechCrunch Disrupt SF 2018 at the Moscone Center on September 6, 2018, in San Francisco, California. Robinhood Markets, Inc. is an American financial services company headquartered in Menlo Park, California.
Robinhood currently has $4.8 billion in cash on its balance sheet, in addition to $4.4 billion in cash it's holding on behalf of its clients. That money is stored in bank accounts which pay ...
“Q4 was a record-breaking quarter that caps off a record-setting year in 2024,” said Jason Warnick, Chief Financial Officer of Robinhood. “For both the quarter and full year, we reached new highs for Assets Under Custody, Net Deposits, Gold Subscribers, Revenues, Net Income, Adjusted EBITDA, and EPS.
The company earned truckloads of interest revenue on its own cash, its customers' cash, and on margin loans. That helped drive a recovery in its stock price, which includes an 83% gain in 2024 so far.