| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 47.07 | 2.1% |
| Total Income | 47.07 | 2.1% |
| Expenditure | 44.41 | 4.7% |
| PBT | 2.66 | 82.2% |
| Net Profit | 1.90 | 84.5% |
| OPM | — | |
| NPM | 4.04% | 1.89pp |
| EPS | 0.09 | 50.0% |
Binah Capital Group Reports Q1 2026 Results: AUM Increased 12.9% to $29.0 Billion
16 May 2026 · 16 May, 1:59 am
Summary
Binah Capital Group reported results for the first quarter of 2026, with total advisory and brokerage assets growing 12.9% year-over-year to $29.0 billion. Total revenue remained consistent at approximately $48.7 million. GAAP net income rose to $1.9 million, an 84% increase compared to the first quarter of 2025. The company's EBITDA of $3.3 million grew 50% as compared to the prior year quarter.
Key Highlights
- 1
Assets Under Management increased by 12.9% year-over-year to $29.0 billion as of March 31, 2026.
- 2
Net income increased to $1.9 million, up from $1.0 million in the prior year.
- 3
EBITDA increased to $3.3 million, compared to $2.2 million in the prior year.
- 4
Total revenue remained consistent at approximately $48.7 million.
- 5
Gross profit increased by 18.6% to $10.2 million, compared to $8.6 million in the prior-year period.
- 6
GAAP diluted EPS was $0.09, up 125% compared to $0.04 in the prior year quarter.
- 7
Adjusted EBITDA of $3.7 million increased 68% compared to $2.2 million in the prior year quarter.
Management Comments
Craig Gould
"I am pleased with our strong operational results in the first quarter, despite a sometimes challenging market, as this reflects the continuing growth of our differentiated platform,” stated Craig Gould, Chief Executive Officer of Binah Capital Group. “Our continued momentum kept revenue steady, and importantly, drove higher GAAP profitability and EBITDA. We remain focused on additional opportunities to continue our growth this year, while we demonstrate the appeal and agility of our differentiated platform to more customers." He added, “To help accelerate growth in our World Equity Group subsidiary, we recently promoted Christopher Motta to President. Chris’ deep experience will enable WEG to build on its strong reputation to pursue new growth opportunities more effectively. Altogether, we believe that the successful implementation of our growth initiatives along with our steady performance will generate meaningful long-term shareholder value.”
Informational and educational content only. Not investment advice.