Binah Capital Group 2025 Q3 Earnings Profitability Surges 253% Amid Revenue Growth

Binah Capital Group (BCG) reported Q3 2025 earnings on November 13, 2025, showcasing a dramatic turnaround in profitability while exceeding revenue expectations. The company’s GAAP net income surged 253% year-over-year to $1.76 million, reversing a $1.15 million loss in the prior-year period. Revenue rose 9.5% to $46.2 million, driven by robust performance across core segments. Guidance emphasized confidence in leveraging the RIA platform and macroeconomic opportunities, though specific quantitative targets were omitted.

Revenue

Binah Capital Group’s total revenue rose to $46.20 million in Q3 2025, a 9.5% increase from $42.20 million in Q3 2024. Commissions remained the largest contributor at $37.37 million, with advisory fees adding $7.41 million. Interest and other income supplemented the total with $1.42 million. The growth reflects sustained momentum in the company’s differentiated RIA platform, which has driven double-digit revenue expansion.

Earnings/Net Income

The company returned to profitability with a GAAP net income of $1.76 million in Q3 2025, a 253% improvement from a $1.15 million loss in the prior-year quarter. Earnings per share (EPS) turned positive at $0.08, reversing a $0.09 loss. This marked a significant operational turnaround, underscoring the company’s improved cost management and revenue diversification. The EPS and net income performance exceeded expectations, signaling a strong rebound.

Post-Earnings Price Action Review

The stock price of Binah Capital Group experienced mixed reactions post-earnings. While the company reported a revenue increase, the stock dropped 4.36% during the latest trading day and 31.49% month-to-date. A backtest of a strategy to buy shares after the earnings release and hold for 30 days revealed poor performance: a -80.94% CAGR, -107.14% excess return, and a Sharpe ratio of -0.57. These metrics indicate high volatility and underperformance relative to the market, suggesting limited investor confidence in the strategy’s viability.

CEO Commentary

Craig Gould, CEO of Binah Capital Group, highlighted the company’s “sustained momentum and growth initiatives,” crediting the RIA platform’s appeal and performance for double-digit revenue and EBITDA growth. He emphasized GAAP profitability ($2.1 million net income for nine months) and confidence in leveraging macroeconomic opportunities to deliver long-term shareholder value. The tone remained optimistic, with a focus on operational execution and platform agility.

Guidance

The company expects continued growth through its RIA platform, with assets under management (AuM) rising 11% year-over-year to $30.0 billion. While no specific revenue or EPS targets were provided, management expressed optimism about expanding AuM and enhancing operational performance. Forward-looking statements centered on macroeconomic opportunities and the platform’s agility, though quantitative metrics for future periods remain unspecified.

Additional News

Recent developments include Binah Capital Group’s stock surging 74.76% in after-hours trading following Q3 results, driven by stronger-than-expected revenue and profitability. Conversely, the share price fell 26% over the past month, reflecting broader market sentiment and volatility. Additionally, pre-market trading saw a 52.2% gain after the earnings report, underscoring mixed investor reactions to the results. These price swings highlight the stock’s sensitivity to macroeconomic and market dynamics, despite the company’s operational improvements.