BULL Stock Jumps Amid Strong User Deposit Growth, FINRA Approval

• Reports Q1 revenue of $159.9 million, beating expectations of $157.7 million. 
• Net loss dropped to $0.04 per share in Q1 from $0.06 in the same quarter last year. 
• FINRA approved Webull for self and correspondent clearing in April.

Webull Securities (BULL) share price jumped 2% after-hours after the company’s losses narrowed and revenues beat expectations amid soaring customer assets during the quarter ended March this year. 

Customer assets, which the company defines as the sum of the fair value of all equities, ETFs, options, warrants, futures, digital assets, and cash held by customers in their Webull brokerage accounts, surged 90% year-on-year (YoY) to $24 billion in the quarter ended March. 

The stockbroker reported revenue of $159.93 million, beating expectations of $157.7 million, as per data from Fiscal.ai,  driven by a jump in equity and options trading order flow. It reported a Q1 net loss of $0.04 per share, down from $0.06 last year. However, its adjusted operating profit came in at $0.03 per share, meeting expectations. 

"We continue to innovate in AI, including beta-testing for our Vega Analyst, which will bring comprehensive research reports to our users, as well as launching agentic trading solutions on Webull,” said Anthony Denier, Group President and U.S. CEO of Webull. 

Webull Vega Analyst is an AI-powered stock research tool built right into the Webull platform. 

“The demand from sophisticated, self-directed investors, including institutional and B2B clients, has never been greater,” added Denier. 

The company also announced that in April this year, the Financial Industry Regulatory Authority (FINRA) approved Webull Securities US for self and correspondent clearing, which refers to how a stockbroker-dealer handles trade execution and settlement, marking a pivotal step toward long-term cost savings and operational scale. This approval lays the groundwork for further growth by enabling the provision of clearing services to institutional partners.

BULL Retail View 

Retail sentiment on Stocktwits was ‘extremely bullish’ with ‘extremely high’ message volumes. 

One user highlighted the importance of the FINRA approval. 

Another user said that the company is gaining market share. 

The stock has lost 48% over the past 12 months. 

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