Quarterly ResultMay 15, 2026, 04:29 PM
Binah Capital Q1 Net Income $1.9M, EPS $0.09
AI Summary
Binah Capital Group reported a significant increase in net income and EPS for Q1 2026, reaching $1.90 million and $0.09 respectively, compared to $1.03 million and $0.04 in Q1 2025. This improvement occurred despite a slight dip in total revenues to $48.70 million from $48.94 million year-over-year, primarily due to reduced expenses and higher interest and other income. However, net cash provided by operating activities decreased, and revenue from alternative investments saw a substantial decline.
Key Highlights
- Net income increased to $1.90 million in Q1 2026 from $1.03 million in Q1 2025.
- Basic and diluted EPS rose to $0.09 in Q1 2026 from $0.04 in Q1 2025.
- Total revenues slightly decreased to $48.70 million in Q1 2026 from $48.94 million.
- Total expenses decreased to $46.04 million in Q1 2026 from $47.48 million.
- Advisory fees grew to $7.31 million in Q1 2026 from $6.92 million.
- Alternative investments revenue fell to $1.14 million from $5.99 million.
- Net cash provided by operating activities decreased to $0.54 million from $1.05 million.
- Total assets increased to $71.25 million as of March 31, 2026.
Price Impact
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