Connect with us

Business

Webull Reports 32% Revenue Growth Amid Increased Trading Volume

Published

on

Webull Financial Results May 2025

ST. PETERSBURG, Fla., May 22, 2025 /PRNewswire/ — Webull Corporation reported a 32% year-over-year increase in total revenues, totaling $117 million for the quarter ending March 31, 2025. The surge in revenue was attributed to strong account openings and trading volume growth, reflecting continued demand for the platform.

Anthony Denier, Webull’s Group President and U.S. CEO, expressed pride in the company’s performance, stating, “We’re proud to have delivered a very strong first quarter, driven by significant account and trading volume growth.”u00a0 He highlighted the importance of their innovative platform and global distribution strategy that allows them to meet the diverse needs of their customers.

In addition to revenue growth, Webull’s customer assets rose by 45% year-over-year, indicating robust net deposits from users. H.C. Wang, Webull’s Group CFO, noted the company’s focus on expanding its customer base to address the long-term investing needs of individual investors worldwide.

Webull will host a conference call to discuss the financial results at 5:00 p.m. ET today. Interested parties can access the call via the company’s website or by dialing in. A replay and transcript will be available following the call.

The future for Webull includes plans to broaden its product offerings and enhance the customer experience, with an emphasis on introducing new asset classes and improving global access.