10-Q · May 15, 2026
Binah Capital Group, Inc. reported total revenue of approximately $48.7 million with a net income of $1.9 million for the quarter ending March 31, 2026, showing a slight decline in revenue but a significant increase in…
Earnings analysis · 10-Q
BCG earnings analysis
Filed August 13, 2026 · Our reading of the company's report
The latest report
The provided 10-Q extraction does not include the income statement, balance sheet, cash-flow statement, segment disclosures, or MD&A, so current-quarter revenue, margins, EPS, cash flow, and year-over-year trends cannot…
Read full summary
The provided 10-Q extraction does not include the income statement, balance sheet, cash-flow statement, segment disclosures, or MD&A, so current-quarter revenue, margins, EPS, cash flow, and year-over-year trends cannot be quantified. The filing does disclose $7.7 million of floating-rate debt as of June 30, 2026, while management views the associated interest-rate exposure as substantially offset by client-cash interest revenue. Controls were effective, and the filing reports no material changes to previously disclosed risk factors.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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Floating-rate exposure viewed as offset
As of June 30, 2026, $7.7 million of outstanding debt was exposed to floating interest-rate risk. Management stated that a short-term rate change is not expected to materially affect net income because interest-related revenue from client cash balances generally provides an offset.
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Controls remain effective
Management concluded that disclosure controls and procedures were effective as of June 30, 2026. The filing also reported no changes during the quarter that materially affected, or were reasonably likely to materially affect, internal control over financial reporting.
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No pending material proceedings
The filing states that the company was not subject to any pending material legal proceedings, and that no material proceeding was known to be threatened against the company or its officers or directors as of the filing.
What to watch
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Floating-rate debt exposure
The company had $7.7 million of floating-rate debt outstanding as of June 30, 2026, creating sensitivity to higher interest rates despite management's expectation of an offset from interest earned on client cash balances.
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Asset-based fee sensitivity
The company remains exposed to market risk on fees tied to the market value of advisory and brokerage assets, trailing-commission assets, and sponsor-payment-eligible assets; the filing identifies this exposure under Item 3 but provides no quantified sensitivity.
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No new risk-factor changes
Item 1A states that there were no material changes to the risk factors disclosed in the December 31, 2025 Form 10-K. Accordingly, no new quantified risk-factor change was identified in this 10-Q.
Management's outlook
The provided 10-Q text contains no quantitative revenue or EPS outlook and does not state a change to prior guidance. Financial statements and MD&A outlook sections were not included in the extracted filing text.
Earlier filings 4
10-K · March 31, 2026
The 2025 Form 10-K positions Binah Capital Group as a scale-oriented wealth-management platform: the filing states the Company “owns and operates ten entities… that have over 1,600 registered individuals” and highlights…
10-Q · November 13, 2025
Binah Capital reported a quarter of revenue and profitability improvement: total revenues of $46,198 thousand in Q3 2025 (up from $42,197 thousand in Q3 2024) and net income of $1,760 thousand (EPS $0.08) versus a loss…
10-Q · May 15, 2025
Binah Capital reported Q1 2025 revenue of $48,936,000, up $7,487,000 (≈18.1%) versus Q1 2024 ($41,449,000), and swung to net income of $1,033,000 (EPS $0.06) from a loss of $1,581,000 (EPS -$0.14). Operating performance…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.