Quarterly ResultMay 15, 2026, 04:06 PM
Binah Capital Q1 Net Income Up 84% to $1.9M; AuM $29.0B
AI Summary
Binah Capital Group reported strong first-quarter 2026 results, with net income increasing 84% to $1.9 million and diluted EPS rising 125% to $0.09. Assets Under Management grew 12.9% year-over-year to $29.0 billion, while total revenue remained consistent at $48.7 million. The company also promoted Christopher Motta to President of its World Equity Group subsidiary to accelerate growth, reflecting continued momentum and focus on growth initiatives.
Key Highlights
- Net income increased 84% year-over-year to $1.9 million.
- Diluted EPS rose 125% to $0.09 from $0.04 in the prior year.
- Assets Under Management (AuM) grew 12.9% year-over-year to $29.0 billion.
- EBITDA increased 50% to $3.3 million from $2.2 million.
- Gross profit rose 18.6% to $10.2 million.
- Total revenue was $48.7 million, consistent with $48.9 million in prior year.
- Christopher Motta was promoted to President of World Equity Group subsidiary.
Price Impact
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