Binah Capital Group Reports Third Quarter Growth
- Grew Total Revenue 10% Year-over-Year to $137.0 Million -
- Assets Under Management (“AuM”) Increased 11% Year-over-Year to $30.0 Billion -
- Net Income of $2.1 Million -
- Increased EBITDA to $5.8 Million from $1.0 Million in the Prior Year -
NEW YORK, Nov. 13, 2025 -- Binah Capital Group, Inc. (NASDAQ: BCG; BCGWW), a prominent financial services company operating a network of innovative firms supporting independent financial advisors, announced its performance for the most recent quarter.
Craig Gould, the Chief Executive Officer of Binah Capital Group, expressed satisfaction with the strong results achieved in the third quarter. "This performance reflects the value and effectiveness of our unique RIA platform," he said. Craig highlighted that the company’s successful growth initiatives have led to double-digit growth in revenue and EBITDA while ensuring GAAP profitability. He commended the dedicated efforts of the expanding team that contributed to this success. Craig also emphasized the confidence in leveraging the dynamic macro environment for further growth.
Key Third Quarter Achievements
Several impressive highlights emerged from the third quarter and the first nine months of 2025:
- Total advisory and brokerage assets increased by 11% year-over-year, reaching $30.0 billion by September 30, 2025.
- Overall total revenue rose by 10% year-over-year to $137.0 million, with the third quarter reflecting a 9.5% increase to $46.2 million.
- Gross profit climbed to $26.4 million, compared to $23.5 million in the same period last year.
- Total operating expenses were optimized to $23.5 million, down from $26.0 million the previous year, largely due to non-recurring costs from the previous business combination.
- GAAP net income for the first three quarters of 2025 increased to $2.1 million, a significant recovery from the GAAP net loss of $3.5 million during the same timeframe in 2024.
EBITDA Performance
The company's EBITDA improved to $5.8 million in the first three quarters of 2025, rising from just $1.0 million the previous year. In the third quarter alone, EBITDA rose to $2.9 million, up from $0.4 million in the corresponding prior period. These increases are primarily attributed to heightened revenue and decreased expenses.
Current Liquidity and Capital Status
As of September 30, 2025, Binah Capital Group reported cash and cash equivalents amounting to $8.3 million, alongside an outstanding long-term debt of $18.2 million. The financial health of the company reflects a sustainable platform for further expansion and investment.
Understanding Binah Capital Group
Binah Capital Group is a highly regarded financial services firm, recognized for owning and operating a suite of industry-leading firms that empower independent financial advisors. As a national broker-dealer aggregator, Binah capitalizes on its innovative hybrid-friendly model, optimally supporting Registered Investment Advisors (RIAs) in navigating a complex financial landscape. Binah’s portfolio is designed to assist advisors in efficiently managing their commission-based businesses, offering top-tier resources to enhance their advisory practices. Rather than merely providing tools, Binah emphasizes cultivating partnerships that reinforce its role as a trusted ally for RIAs by delivering the structure, flexibility, and advanced solutions they require to thrive.
For further information, visit www.binahcap.com.
Contact Information
For inquiries, please contact:
Binah Capital Investor RelationsMary T. Conway
Conway Communications
mtconway@conwaycommsir.com
Binah Capital Media Relations
Donald Cutler or Lorene Yue
Haven Tower Group
(424) 317-4864 or (424) 317-4854
binah@haventower.com
Frequently Asked Questions
What are the key financial results for Binah Capital Group?
Binah Capital Group reported a total revenue increase of 10% year-over-year, totaling $137 million, and a net income of $2.1 million.
How much did Binah Capital increase its Assets Under Management?
The Assets Under Management (AuM) grew by 11% year-over-year to $30 billion as of September 30, 2025.
What was the EBITDA for Binah in Q3 2025?
Binah's EBITDA for Q3 2025 reached $2.9 million, a notable increase from $0.4 million in Q3 2024.
What is the company's strategy moving forward?
Binah Capital aims to leverage its differentiated platform to enhance growth opportunities and provide value to long-term shareholders.
How can I learn more about the company's products?
For comprehensive information, you can visit the company’s website at www.binahcap.com.
