RankAlpha logo
Back to Rankings

BCG

Binah Capital GroupC
Nasdaq / Financial Services
Last Price
Quote time unavailable
View Chart
Documents
12
Stored
Transcripts
0
Recent loaded
Latest report
2026-08-13
Investor release

Document history

Earnings documents stored for BCG.

12 shown
Investor releaseQuarter not tagged2026-08-13

Binah Capital Group Reports Results for Second Quarter of 2026

GlobeNewswire
- Assets Under Management (“AuM”) Increased 13.4% Year-over-Year to $31.6 Billion - - Increased Net Income to $0.3 Million from a net loss of $(0.7) million in the Prior Year Period - - Increased EBITDA[*] to $1.0 Million from $0.1 Million in the Prior Year Period - - Increased Total Revenue to $46.5 million from $41.5 million in prior year period - NEW YORK, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Binah Capital Group, Inc. (“Binah”, “Binah Capital” or the “Company”) (NASDAQ: BCG; BCGWW), a leading financial services enterprise that owns and operates a network of industry-leading firms empowering independent financial advisors, today announced results for the second quarter and six months ended June 30, 2026. "Our second quarter results demonstrate that Binah is accelerating its growth in wealth management by leveraging our differentiated platform,” stated Craig Gould, Chief Executive Officer of Binah Capital Group. “Our continued momentum this quarter drove improved performance across all our key metrics. We are very pleased with the operational strength our teams demonstrated as they continue to effectively address customer needs, and we remain focused on additional opportunities to bolster our growth this year.” Second Quarter 2026 Key Highlights Total advisory and brokerage assets as of June 30, 2026, grew 13.4% year-over-year to $31.6 billion, compared to $27.8 billion in last year’s second quarter. Total revenue was approximately $46.5 million, a 12.1% increase from $41.5 million in the same period in 2025. GAAP net income rose to $0.3 million, a 152% increase compared to a GAAP net loss of $0.7 million in the second quarter of 2025. Gross profit* was $9.8 million, an increase of 12.6% compared to $8.8 million in the prior-year period. GAAP diluted EPS was $(0.00) compared to a GAAP net loss per share of $(0.06) in the prior year quarter, up 94%. EBITDA* of $1.0 million grew 546% as compared to EBITDA of $0.1 million in the prior year quarter, driven by the increase in GAAP net income. Adjusted EBITDA* of $1.2 million increased 21% compared to $0.9 million in the prior year quarter. * Non-GAAP Financial Measures. EBITDA and Adjusted EBITDA are non-GAAP financial measures defined as net income (loss) adjusted for depreciation expense, amortization expense, interest expense, share-based compensation and income tax. See the section captioned “Non-GAAP Financial…Read full document

- Assets Under Management (“AuM”) Increased 13.4% Year-over-Year to $31.6 Billion - - Increased Net Income to $0.3 Million from a net loss of $(0.7) million in the Prior Year Period - - Increased EBITDA[*] to $1.0 Million from $0.1 Million in the Prior Year Period - - Increased Total Revenue to $46.5 million from $41.5 million in prior year period - NEW YORK, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Binah Capital Group, Inc. (“Binah”, “Binah Capital” or the “Company”) (NASDAQ: BCG; BCGWW), a leading financial services enterprise that owns and operates a network of industry-leading firms empowering independent financial advisors, today announced results for the second quarter and six months ended June 30, 2026. "Our second quarter results demonstrate that Binah is accelerating its growth in wealth management by leveraging our differentiated platform,” stated Craig Gould, Chief Executive Officer of Binah Capital Group. “Our continued momentum this quarter drove improved performance across all our key metrics. We are very pleased with the operational strength our teams demonstrated as they continue to effectively address customer needs, and we remain focused on additional opportunities to bolster our growth this year.” Second Quarter 2026 Key Highlights Total advisory and brokerage assets as of June 30, 2026, grew 13.4% year-over-year to $31.6 billion, compared to $27.8 billion in last year’s second quarter. Total revenue was approximately $46.5 million, a 12.1% increase from $41.5 million in the same period in 2025. GAAP net income rose to $0.3 million, a 152% increase compared to a GAAP net loss of $0.7 million in the second quarter of 2025. Gross profit* was $9.8 million, an increase of 12.6% compared to $8.8 million in the prior-year period. GAAP diluted EPS was $(0.00) compared to a GAAP net loss per share of $(0.06) in the prior year quarter, up 94%. EBITDA* of $1.0 million grew 546% as compared to EBITDA of $0.1 million in the prior year quarter, driven by the increase in GAAP net income. Adjusted EBITDA* of $1.2 million increased 21% compared to $0.9 million in the prior year quarter. * Non-GAAP Financial Measures. EBITDA and Adjusted EBITDA are non-GAAP financial measures defined as net income (loss) adjusted for depreciation expense, amortization expense, interest expense, share-based compensation and income tax. See the section captioned “Non-GAAP Financial Measures” below for a detailed description and reconciliation of such Non-GAAP financial measures to their most directly comparable GAAP financial measures, as required by Regulation G. Liquidity and Capital The Company had cash and cash equivalents of $10.5 million and outstanding long-term debt of $17.3 million as of June 30, 2026. About Binah Capital Group Binah Capital Group (“Binah Capital”, “Binah” or the “Company,”) is a financial services enterprise that owns and operates a network of industry-leading firms that empower independent financial advisors. Binah specializes in delivering value through its innovative hybrid-friendly model, making it an optimal platform for RIAs navigating today’s complex financial landscape. Binah’s portfolio companies are built to help advisors run, manage, and execute commission-based business seamlessly while providing best in class resources to support their advisory practice. We don’t just offer tools—we cultivate partnerships. Binah Capital Group stands alongside RIAs as a trusted ally, delivering the structure, flexibility, and cutting-edge solutions they need to succeed in an increasingly competitive marketplace. For more, please visit: www.binahcap.com Contact: Binah Capital Investor RelationsMary T. ConwayConway [email protected] Binah Capital Media RelationsDonald Cutler or Lorene YueHaven Tower Group(424) 317-4864 or (424) [email protected] Non-GAAP Financial Measures EBITDA is a non-GAAP financial measure defined as net income plus interest expense, provision for income taxes, and depreciation and amortization. Adjusted EBITDA is defined as EBITDA, a non-GAAP measure, plus share-based compensation costs. The Company presents EBITDA and Adjusted EBITDA because management believes that it can be a useful financial metric in understanding the Company’s earnings from operations. EBITDA and Adjusted EBITDA are not measures of the Company’s financial performance under GAAP and should not be considered as an alternative to net income or any other performance measure derived in accordance with GAAP. Additionally, Adjusted EBITDA is used in connection with the Company’s credit agreements, specifically in the calculation of financial-related covenants. Gross profit is a non-GAAP financial measure defined as total revenue less commissions paid to financial advisors and registered representatives and other fees that generate the revenue. We consider our gross profit amounts to be non-GAAP financial measures that may not be comparable to those of others in our industry. We believe that gross profit amounts can provide investors with useful insight into our core operating performance before other costs that are general and administrative in nature. A reconciliation of our non-GAAP financial measures to their most directly comparable GAAP financial measures appears below in the footnotes to the table of our key operating, business and financial metrics. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be subject to the "safe harbor" created by those sections and other applicable laws. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors that could cause actual results to differ materially from such statements, many of which are outside the control of Binah. Forward-looking statements include, but are not limited to statements regarding: Binah’s financial and operational outlook; Binah’s operational and financial strategies, including planned growth initiatives and the benefits thereof, Binah’s ability to successfully effect those strategies, and the expected results therefrom. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “expect,” ‎‎”intend,” “anticipate,” “goals,” “prospects,” “will,” “would,” “will continue,” “will likely result,” and similar expressions (including the negative versions of such words or expressions). While Binah believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in predicting certain important factors that could impact the future performance or results of its business. The factors that could cause results to differ materially from those indicated by such forward-looking statements include, but are not limited to: our ability to comply with supervisory and regulatory compliance obligations, the risk we may be held liable for misconduct by our advisors; poor performance of our investment products and services; our ability to effectively maintain and enhance our brand and reputation; our ability to expand and retain our customer base; our future capital requirements and sources and uses of cash; the risk that an increase in government regulation of the industries and markets in which we operate could negatively impact our business; the impact of worldwide and regional political, military or economic conditions, including declines in foreign currencies in relation to the value of the U.S. dollar, hyperinflation, devaluation and significant political or civil disturbances in international markets; and the effectiveness of Binah’s control environment, including the identification of control deficiencies. These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties set forth in documents filed by Binah with ‎the U.S. Securities and Exchange Commission from time to time, including the Annual ‎Report on Form 10-K and Quarterly Reports on Form 10-Q and subsequent ‎periodic reports. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Binah cautions you not to place undue reliance on the ‎forward-looking statements contained in this press release. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Binah assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Binah does not give any assurance that it will achieve its expectations. Binah Capital Group Consolidated Balance Sheet Binah Capital Group Consolidated Statement of Operations Binah Capital Group Reconciliation of GAAP Net Income to EBITDA and Adjusted EBITDA EBITDA is a non-GAAP financial measure defined as net income plus interest expense, provision for income taxes, and depreciation and amortization. Adjusted EBITDA is defined as EBITDA, a non-GAAP measure, plus share-based compensation costs. The Company presents EBITDA and Adjusted EBITDA because management believes that it can be a useful financial metric in understanding the Company’s earnings from operations. EBITDA and Adjusted EBITDA are not measures of the Company’s financial performance under GAAP and should not be considered as an alternative to net income or any other performance measure derived in accordance with GAAP. Additionally, Adjusted EBITDA is used in connection with the Company’s credit agreements, specifically in the calculation of financial-related covenants. A reconciliation of our non-GAAP financial measures to their most directly comparable GAAP financial measures appears below in the footnotes to the table of our key operating, business and financial metrics.

Investor releaseQuarter not tagged2026-05-16

Binah Capital Group Reports Results for First Quarter of 2026

GlobeNewswire
- Assets Under Management (“AuM”) Increased 12.9% Year-over-Year to $29.0 Billion - - Increased Net Income to $1.9 Million from $1.0 million in the Prior Year - - Increased EBITDA[*] to $3.3 Million from $2.2 Million in the Prior Year - - Total Revenue of $48.7 million similar to $48.9 million in prior year period - NEW YORK, May 15, 2026 (GLOBE NEWSWIRE) -- Binah Capital Group, Inc. (“Binah”, “Binah Capital” or the “Company”) (NASDAQ: BCG; BCGWW), a leading financial services enterprise that owns and operates a network of industry-leading firms empowering independent financial advisors, today announced results for the quarter ended March 31, 2026. "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.” First Quarter 2026 Key Highlights Total advisory and brokerage assets as of March 31, 2026, grew 12.9% year-over-year to $29.0 billion. Total revenue remained consistent at approximately $48.7 million. Gross profit was $10.2 million, an increase of 18.6% compared to $8.6 million in the prior-year period. Total operating expenses were $7.5 million, compared to $7.1 million in the prior-year period. GAAP net income rose to $1.9 million, an 84% increase compared to $1.0 million in the first quarter of 2025. GAAP diluted EPS was $0.09 compared to $0.04 in the prior year quarter, up 125%. EBITDA of $3.3 million grew 50% as compared to EBITDA of $2.2 million in the prior year quarter, driven by the increase in GAAP net income. Adjusted EBITDA of $3.7 million increased 68% compar…Read full document

- Assets Under Management (“AuM”) Increased 12.9% Year-over-Year to $29.0 Billion - - Increased Net Income to $1.9 Million from $1.0 million in the Prior Year - - Increased EBITDA[*] to $3.3 Million from $2.2 Million in the Prior Year - - Total Revenue of $48.7 million similar to $48.9 million in prior year period - NEW YORK, May 15, 2026 (GLOBE NEWSWIRE) -- Binah Capital Group, Inc. (“Binah”, “Binah Capital” or the “Company”) (NASDAQ: BCG; BCGWW), a leading financial services enterprise that owns and operates a network of industry-leading firms empowering independent financial advisors, today announced results for the quarter ended March 31, 2026. "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.” First Quarter 2026 Key Highlights Total advisory and brokerage assets as of March 31, 2026, grew 12.9% year-over-year to $29.0 billion. Total revenue remained consistent at approximately $48.7 million. Gross profit was $10.2 million, an increase of 18.6% compared to $8.6 million in the prior-year period. Total operating expenses were $7.5 million, compared to $7.1 million in the prior-year period. GAAP net income rose to $1.9 million, an 84% increase compared to $1.0 million in the first quarter of 2025. GAAP diluted EPS was $0.09 compared to $0.04 in the prior year quarter, up 125%. EBITDA of $3.3 million grew 50% as compared to EBITDA of $2.2 million in the prior year quarter, driven by the increase in GAAP net income. Adjusted EBITDA of $3.7 million increased 68% compared to $2.2 million in the prior year quarter. * Non-GAAP Financial Measures. EBITDA and Adjusted EBITDA are non-GAAP financial measures defined as net income (loss) adjusted for depreciation expense, amortization expense, interest expense, share-based compensation and income tax. See the section captioned “Non-GAAP Financial Measures” below for a detailed description and reconciliation of such Non-GAAP financial measures to their most directly comparable GAAP financial measures, as required by Regulation G. Liquidity and Capital The Company had cash and cash equivalents of $10.5 million and outstanding long-term debt of $17.7 million as of March 31, 2026. About Binah Capital Group Binah Capital Group (“Binah Capital”, “Binah” or the “Company,”) is a financial services enterprise that owns and operates a network of industry-leading firms that empower independent financial advisors. As a national broker-dealer aggregator, Binah specializes in delivering value through its innovative hybrid-friendly model, making it an optimal platform for RIAs navigating today’s complex financial landscape. Binah’s portfolio companies are built to help advisors run, manage, and execute commission-based business seamlessly while providing best in class resources to support their advisory practice. We don’t just offer tools—we cultivate partnerships. Binah Capital Group stands alongside RIAs as a trusted ally, delivering the structure, flexibility, and cutting-edge solutions they need to succeed in an increasingly competitive marketplace. For more, please visit: www.binahcap.com Contact: Binah Capital Investor Relations Mary T. Conway Conway Communications [email protected] Binah Capital Media Relations Donald Cutler or Lorene Yue Haven Tower Group (424) 317-4864 or (424) 317-4854 [email protected] Non-GAAP Financial Measures EBITDA is a non-GAAP financial measure defined as net income plus interest expense, provision for income taxes, and depreciation and amortization. Adjusted EBITDA is defined as EBITDA, a non-GAAP measure, plus share-based compensation costs. The Company presents EBITDA and Adjusted EBITDA because management believes that it can be a useful financial metric in understanding the Company’s earnings from operations. EBITDA and Adjusted EBITDA are not measures of the Company’s financial performance under GAAP and should not be considered as an alternative to net income or any other performance measure derived in accordance with GAAP. Additionally, Adjusted EBITDA is used in connection with the Company’s credit agreements, specifically in the calculation of financial-related covenants. A reconciliation of our non-GAAP financial measures to their most directly comparable GAAP financial measures appears below in the footnotes to the table of our key operating, business and financial metrics. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be subject to the "safe harbor" created by those sections and other applicable laws. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors that could cause actual results to differ materially from such statements, many of which are outside the control of Binah. Forward-looking statements include, but are not limited to statements regarding: Binah’s financial and operational outlook; Binah’s operational and financial strategies, including planned growth initiatives and the benefits thereof, Binah’s ability to successfully effect those strategies, and the expected results therefrom. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “expect,” ‎‎”intend,” “anticipate,” “goals,” “prospects,” “will,” “would,” “will continue,” “will likely result,” and similar expressions (including the negative versions of such words or expressions). While Binah believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in predicting certain important factors that could impact the future performance or results of its business. The factors that could cause results to differ materially from those indicated by such forward-looking statements include, but are not limited to: our ability to comply with supervisory and regulatory compliance obligations, the risk we may be held liable for misconduct by our advisors; poor performance of our investment products and services; our ability to effectively maintain and enhance our brand and reputation; our ability to expand and retain our customer base; our future capital requirements and sources and uses of cash; the risk that an increase in government regulation of the industries and markets in which we operate could negatively impact our business; the impact of worldwide and regional political, military or economic conditions, including declines in foreign currencies in relation to the value of the U.S. dollar, hyperinflation, devaluation and significant political or civil disturbances in international markets; and the effectiveness of Binah’s control environment, including the identification of control deficiencies. These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties set forth in documents filed by Binah with ‎the U.S. Securities and Exchange Commission from time to time, including the Annual ‎Report on Form 10-K and Quarterly Reports on Form 10-Q and subsequent ‎periodic reports. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Binah cautions you not to place undue reliance on the ‎forward-looking statements contained in this press release. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Binah assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Binah does not give any assurance that it will achieve its expectations. Binah Capital Group Reconciliation of GAAP Net Income to EBITDA and Adjusted EBITDA EBITDA is a non-GAAP financial measure defined as net income plus interest expense, provision for income taxes, and depreciation and amortization. Adjusted EBITDA is defined as EBITDA, a non-GAAP measure, plus share-based compensation costs. The Company presents EBITDA and Adjusted EBITDA because management believes that it can be a useful financial metric in understanding the Company’s earnings from operations. EBITDA and Adjusted EBITDA are not measures of the Company’s financial performance under GAAP and should not be considered as an alternative to net income or any other performance measure derived in accordance with GAAP. Additionally, Adjusted EBITDA is used in connection with the Company’s credit agreements, specifically in the calculation of financial-related covenants. A reconciliation of our non-GAAP financial measures to their most directly comparable GAAP financial measures appears below in the footnotes to the table of our key operating, business and financial metrics.

Investor releaseQuarter not tagged2026-04-01

Binah Capital Group Reports Results for Fourth Quarter and Full Year 2025

GlobeNewswire
– Grew Total Revenue 11% Year-over-Year to $187.1 Million – – Assets Under Management (“AuM”) Increased 11% Year-over-Year to $29.9 Billion – – Net Income of $2.3 Million – – Increased EBITDA[*] to $5.4 Million from $2.0 Million in the Prior Year – NEW YORK, March 31, 2026 (GLOBE NEWSWIRE) -- Binah Capital Group, Inc. (“Binah”, “Binah Capital” or the “Company”) (NASDAQ: BCG; BCGWW), a leading financial services enterprise that owns and operates a network of industry-leading firms empowering independent financial advisors, today announced results for the quarter and full year ended December 31, 2025. “We completed our first full year as a public company with strong results in the fourth quarter, which reflects the continuing growth of our differentiated platform,” stated Craig Gould, Chief Executive Officer of Binah Capital Group. “The momentum we have created through our growth initiatives led to double-digit year-over-year growth in revenue and importantly, GAAP profitability. This excellent performance reflects the continuing contributions of our expanding team, whose determination helped us achieve our goals despite a sometimes challenging market. We remain focused on attractive opportunities to continue our growth in 2026, while we demonstrate the appeal and agility of our differentiated platform to more customers. We are confident that our strong performance will also drive meaningful long-term shareholder value.” Fourth Quarter 2025 Key Highlights Total advisory and brokerage assets as of December 31, 2025, grew 11% year-over-year to $29.9 billion. Total revenue grew 13.2% to $50.5 million. Gross profit was $10.3 million, compared to $8.9 million in the prior-year period. Total operating expenses were $10.5 million, compared to $9.5 million in the prior-year period, reflecting a stabilization in expense levels compared to prior year results that included non-recurring business combination costs. GAAP net income rose to $0.2 million, compared to a GAAP net loss of $1.1 million in the fourth quarter of 2024. GAAP diluted EPS was $0.01 compared to $(0.07) in the prior year quarter. EBITDA of $0.5 as compared to EBITDA of $1.0 in the prior year quarter which is driven primarily by the change in the income tax provision. Adjusted EBITDA of $0.8 as compared to $2.2 million in the prior year quarter, which included an adjustment for business combination and r…Read full document

– Grew Total Revenue 11% Year-over-Year to $187.1 Million – – Assets Under Management (“AuM”) Increased 11% Year-over-Year to $29.9 Billion – – Net Income of $2.3 Million – – Increased EBITDA[*] to $5.4 Million from $2.0 Million in the Prior Year – NEW YORK, March 31, 2026 (GLOBE NEWSWIRE) -- Binah Capital Group, Inc. (“Binah”, “Binah Capital” or the “Company”) (NASDAQ: BCG; BCGWW), a leading financial services enterprise that owns and operates a network of industry-leading firms empowering independent financial advisors, today announced results for the quarter and full year ended December 31, 2025. “We completed our first full year as a public company with strong results in the fourth quarter, which reflects the continuing growth of our differentiated platform,” stated Craig Gould, Chief Executive Officer of Binah Capital Group. “The momentum we have created through our growth initiatives led to double-digit year-over-year growth in revenue and importantly, GAAP profitability. This excellent performance reflects the continuing contributions of our expanding team, whose determination helped us achieve our goals despite a sometimes challenging market. We remain focused on attractive opportunities to continue our growth in 2026, while we demonstrate the appeal and agility of our differentiated platform to more customers. We are confident that our strong performance will also drive meaningful long-term shareholder value.” Fourth Quarter 2025 Key Highlights Total advisory and brokerage assets as of December 31, 2025, grew 11% year-over-year to $29.9 billion. Total revenue grew 13.2% to $50.5 million. Gross profit was $10.3 million, compared to $8.9 million in the prior-year period. Total operating expenses were $10.5 million, compared to $9.5 million in the prior-year period, reflecting a stabilization in expense levels compared to prior year results that included non-recurring business combination costs. GAAP net income rose to $0.2 million, compared to a GAAP net loss of $1.1 million in the fourth quarter of 2024. GAAP diluted EPS was $0.01 compared to $(0.07) in the prior year quarter. EBITDA of $0.5 as compared to EBITDA of $1.0 in the prior year quarter which is driven primarily by the change in the income tax provision. Adjusted EBITDA of $0.8 as compared to $2.2 million in the prior year quarter, which included an adjustment for business combination and re-financing costs incurred during such quarter. Full Year 2025 Key Highlights Total advisory and brokerage assets as of December 31, 2025, grew 11% to $29.9 billion. Total annual revenue increased by 10.7% to $187.1 million. Annual Gross profit was $37.8 million, compared to $33.7 million in 2024. Total annual operating expenses were $35.2 million, compared to $36.8 million in 2024. Annual GAAP net income rose to $2.3 million, compared to a GAAP net loss of $4.6 million in 2024. Annual GAAP diluted EPS was $0.04 compared to $(0.39) in the prior year. Annual EBITDA increased to $5.4 million from $1.9 million in the prior year. * Non-GAAP Financial Measures. EBITDA and Adjusted EBITDA are non-GAAP financial measures defined as net income (loss) adjusted for depreciation expense, amortization expense, interest expense, share-based compensation and income tax. See the section captioned “Non-GAAP Financial Measures” below for a detailed description and reconciliation of such Non-GAAP financial measures to their most directly comparable GAAP financial measures, as required by Regulation G. Liquidity and Capital The Company had cash and cash equivalents of $10.7 million and outstanding long-term debt of $17.7 million as of December 31, 2025. About Binah Capital Group Binah Capital Group (“Binah Capital”, “Binah” or the “Company,” is a financial services enterprise that owns and operates a network of industry-leading firms that empower independent financial advisors. As a national broker-dealer aggregator, Binah specializes in delivering value through its innovative hybrid-friendly model, making it an optimal platform for RIAs navigating today’s complex financial landscape. Binah’s portfolio companies are built to help advisors run, manage, and execute commission-based business seamlessly while providing best in class resources to support their advisory practice. We don’t just offer tools—we cultivate partnerships. Binah Capital Group stands alongside RIAs as a trusted ally, delivering the structure, flexibility, and cutting-edge solutions they need to succeed in an increasingly competitive marketplace. For more, please visit: www.binahcap.com Contact: Binah Capital Investor Relations Mary T. Conway Conway Communications [email protected] Binah Capital Media Relations Donald Cutler or Lorene Yue Haven Tower Group (424) 317-4864 or (424) 317-4854 [email protected] Non-GAAP Financial Measures EBITDA is a non-GAAP financial measure defined as net income plus interest expense, provision for income taxes, and depreciation and amortization. Adjusted EBITDA is defined as EBITDA, a non-GAAP measure, plus non-recurring costs related to our business combination, costs related to the re-financing of the senior credit facility, and share-based compensation costs. The Company presents EBITDA and Adjusted EBITDA because management believes that it can be a useful financial metric in understanding the Company’s earnings from operations. EBITDA and Adjusted EBITDA are not a measure of the Company’s financial performance under GAAP and should not be considered as an alternative to net income or any other performance measure derived in accordance with GAAP. Additionally, Adjusted EBITDA is used in connection with the Company’s credit agreements, specifically in the calculation of financial-related covenants. A reconciliation of our non-GAAP financial measures to their most directly comparable GAAP financial measures appears below in the footnotes to the table of our key operating, business and financial metrics. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be subject to the "safe harbor" created by those sections and other applicable laws. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors that could cause actual results to differ materially from such statements, many of which are outside the control of Binah. Forward-looking statements include, but are not limited to statements regarding: Binah’s financial and operational outlook; Binah’s operational and financial strategies, including planned growth initiatives and the benefits thereof, Binah’s ability to successfully effect those strategies, and the expected results therefrom. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “expect,” ‎‎”intend,” “anticipate,” “goals,” “prospects,” “will,” “would,” “will continue,” “will likely result,” and similar expressions (including the negative versions of such words or expressions). While Binah believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in predicting certain important factors that could impact the future performance or results of its business. The factors that could cause results to differ materially from those indicated by such forward-looking statements include, but are not limited to: our ability to comply with supervisory and regulatory compliance obligations, the risk we may be held liable for misconduct by our advisors; poor performance of our investment products and services; our ability to effectively maintain and enhance our brand and reputation; our ability to expand and retain our customer base; our future capital requirements and sources and uses of cash; the risk that an increase in government regulation of the industries and markets in which we operate could negatively impact our business; the impact of worldwide and regional political, military or economic conditions, including declines in foreign currencies in relation to the value of the U.S. dollar, hyperinflation, devaluation and significant political or civil disturbances in international markets; and the effectiveness of Binah’s control environment, including the identification of control deficiencies. These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties set forth in documents filed by Binah with ‎the U.S. Securities and Exchange Commission from time to time, including the Annual ‎Report on Form 10-K and Quarterly Reports on Form 10-Q and subsequent ‎periodic reports. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Binah cautions you not to place undue reliance on the ‎forward-looking statements contained in this press release. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Binah assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Binah does not give any assurance that it will achieve its expectations. Binah Capital Group Consolidated Balance Sheet Binah Capital Group Consolidated Statement of Operations Binah Capital Group Reconciliation of GAAP Net Income to EBITDA and Adjusted EBITDA EBITDA is a non-GAAP financial measure defined as net income plus interest expense, provision for income taxes, and depreciation and amortization. Adjusted EBITDA is defined as EBITDA, a non-GAAP measure, plus non-recurring costs related to our business combination, costs related to the re-financing of the senior credit facility, and share-based compensation costs. The Company presents EBITDA and Adjusted EBITDA because management believes that it can be a useful financial metric in understanding the Company’s earnings from operations. EBITDA and Adjusted EBITDA are not a measure of the Company’s financial performance under GAAP and should not be considered as an alternative to net income or any other performance measure derived in accordance with GAAP. Additionally, Adjusted EBITDA is used in connection with the Company’s credit agreements, specifically in the calculation of financial-related covenants. A reconciliation of our non-GAAP financial measures to their most directly comparable GAAP financial measures appears below in the footnotes to the table of our key operating, business and financial metrics.

Investor releaseQuarter not tagged2025-11-19

BCG Shreds Expectations and Delivers Top-Down Beat – Quarterly Update Report

Exec Edge

Download the Complete Report Here By Brandon Hornback Binah Capital Group, Inc. (NASDAQ: BCG) delivered a top-down beat, led by strong asset under management (AUM) growth, clearing the way for further expansion. The company posted an impressive 9.5% increase in revenue to $46.2 million, led by strengthened commissions, increased advisory fees, and higher interest income. Considerable growth in both trailing commissions and advisory fees helped offset some dampened sales-driven business results. AUM increased 11% year-over-year to $30.0 billion, reflecting the scalability of BCG’s advisor-centric business model and underlining further capacity to attract and grow client assets via advisory and commission-based business lines. Market appreciation and successful asset retention remained supportive of AUM growth and are exciting indicators for future earnings potential. Profitability increased to a multi-quarter high, with EBITDA growing to $2.9 million, kicking the profitability machine into gear. As debt levels continue to moderate and the top line approaches record highs, BCG has room to make strategic investments to support advisors and enhance platforms if needed. BCG’s management indicated positive momentum into the fourth quarter, which is fueled by advisor productivity, macro trends, and a competitive operating structure. Although shares experienced increased volatility following this print, they settled almost flat and trade at a discounted entry point: Shares trade at a 92% discount on a last twelve months price-to-sales ratio. To access more information on KPIs, segment drivers, and future outlook, view the complete report below. Download the Complete Report Here Read Exec Edge’s Initiation on Binah Here Subscribe to our Weekly Newsletter to Receive All Research Contact: Executives-Edge.com [email protected]

Investor releaseQuarter not tagged2025-11-14

Binah Capital Group Reports Results for Third Quarter and First Nine Months of 2025

GlobeNewswire
- 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 (GLOBE NEWSWIRE) -- Binah Capital Group, Inc. (“Binah”, “Binah Capital” or the “Company”) (NASDAQ: BCG; BCGWW), a leading financial services enterprise that owns and operates a network of industry-leading firms empowering independent financial advisors, today announced results for the quarter ended September 30, 2025. "In the third quarter this year, we again generated strong results, which reflects the appeal and performance of our differentiated RIA platform,” stated Craig Gould, Chief Executive Officer of Binah Capital Group. “Our sustained momentum and growth initiatives enabled us to achieve double-digit year-over-year growth in both revenue and EBITDA while delivering GAAP profitability. We are grateful to our expanding team whose dedication helped to drive this excellent performance. We remain confident that the dynamic macro environment offers us meaningful opportunity to continue our growth and demonstrate the agility of our differentiated platform, and through our strong performance, achieve long-term shareholder value.” Third Quarter and First Nine Months of 2025 Key Highlights Total advisory and brokerage assets as of September 30, 2025, grew 11% year-over-year to $30.0 billion. Total revenue increased 10% year-over-year to $137.0 million; for the third quarter, total revenue grew 9.5% to $46.2 million. Gross profit was $26.4 million, compared to $23.5 million in the prior-year period. Total operating expenses were $23.5 million, compared to $26.0 million in the prior-year period, with the improvement primarily reflecting non-recurring costs from the prior-year period related to the consummation of the business combination. GAAP net income for the first three quarters of 2025 grew to $2.1 million, compared to a GAAP net loss of $3.5 million in the same period in 2024. In the third quarter of 2025, GAAP net income rose to $1.8 million from a GAAP net loss of $1.2 million in the prior year period. [*] Non-GAAP Financial Measures. EBITDA is a non-GAAP financial measure defined as net income (loss) adjusted for depreciation expense, amortization expense, interest expense, share-base…Read full document

- 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 (GLOBE NEWSWIRE) -- Binah Capital Group, Inc. (“Binah”, “Binah Capital” or the “Company”) (NASDAQ: BCG; BCGWW), a leading financial services enterprise that owns and operates a network of industry-leading firms empowering independent financial advisors, today announced results for the quarter ended September 30, 2025. "In the third quarter this year, we again generated strong results, which reflects the appeal and performance of our differentiated RIA platform,” stated Craig Gould, Chief Executive Officer of Binah Capital Group. “Our sustained momentum and growth initiatives enabled us to achieve double-digit year-over-year growth in both revenue and EBITDA while delivering GAAP profitability. We are grateful to our expanding team whose dedication helped to drive this excellent performance. We remain confident that the dynamic macro environment offers us meaningful opportunity to continue our growth and demonstrate the agility of our differentiated platform, and through our strong performance, achieve long-term shareholder value.” Third Quarter and First Nine Months of 2025 Key Highlights Total advisory and brokerage assets as of September 30, 2025, grew 11% year-over-year to $30.0 billion. Total revenue increased 10% year-over-year to $137.0 million; for the third quarter, total revenue grew 9.5% to $46.2 million. Gross profit was $26.4 million, compared to $23.5 million in the prior-year period. Total operating expenses were $23.5 million, compared to $26.0 million in the prior-year period, with the improvement primarily reflecting non-recurring costs from the prior-year period related to the consummation of the business combination. GAAP net income for the first three quarters of 2025 grew to $2.1 million, compared to a GAAP net loss of $3.5 million in the same period in 2024. In the third quarter of 2025, GAAP net income rose to $1.8 million from a GAAP net loss of $1.2 million in the prior year period. [*] Non-GAAP Financial Measures. EBITDA is a non-GAAP financial measure defined as net income (loss) adjusted for depreciation expense, amortization expense, interest expense, share-based compensation and income tax. See the section captioned “Non-GAAP Financial Measures” below for a detailed description and reconciliation of such Non-GAAP financial measures to their most directly comparable GAAP financial measures, as required by Regulation G. EBITDA* increased to $5.8 million for the first three quarters of 2025, compared to $1.0 million in the prior year period. In the third quarter of 2025, EBITDA* rose to $2.9 million from $0.4 million in the same period in 2024. The increases in both 2025 periods primarily reflect higher revenue growth and lower expenses. Liquidity and Capital The Company had cash and cash equivalents of $8.3 million and outstanding long-term debt of $18.2 million as of September 30, 2025. * See "Non-GAAP Financial Measures” below for additional information and a reconciliation to GAAP for all Non-GAAP metrics. About Binah Capital Group Binah Capital Group (“Binah Capital”, “Binah” or the “Company”), is a financial services enterprise that owns and operates a network of industry-leading firms that empower independent financial advisors. As a national broker-dealer aggregator, Binah specializes in delivering value through its innovative hybrid-friendly model, making it an optimal platform for RIAs navigating today’s complex financial landscape. Binah’s portfolio companies are built to help advisors run, manage, and execute commission-based business seamlessly while providing best in class resources to support their advisory practice. We don’t just offer tools—we cultivate partnerships. Binah Capital Group stands alongside RIAs as a trusted ally, delivering the structure, flexibility, and cutting-edge solutions they need to succeed in an increasingly competitive marketplace. For more, please visit: www.binahcap.com Contact: Binah Capital Investor Relations Mary T. Conway Conway Communications [email protected] Binah Capital Media Relations Donald Cutler or Lorene Yue Haven Tower Group (424) 317-4864 or (424) 317-4854 [email protected] Non-GAAP Financial Measure EBITDA is a non-GAAP financial measure, defined as net income (loss) adjusted for depreciation expense, amortization, interest expense and income tax. The Company presents EBITDA because management believes that it can be a useful financial metric in understanding the Company’s earnings from operations. EBITDA is not a measure of the Company’s financial performance under GAAP or liquidity and should not be considered as an alternative to net income or any other performance measure derived in accordance with GAAP. The principal limitations of EBITDA are that it excludes certain expenses that are required by U.S. GAAP to be recorded in our consolidated financial statements. In addition, EBITDA is subject to inherent limitations as these metrics reflect the exercise of judgment by management about which expenses are excluded or included in determining EBITDA. A reconciliation of EBITDA to Net income, the most directly comparable GAAP measure, appears below. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors that could cause actual results to differ materially from such statements, many of which are outside the control of Binah. Forward-looking statements include, but are not limited to statements regarding: Binah’s financial and operational outlook; Binah’s operational and financial strategies, including planned growth initiatives and the benefits thereof, Binah’s ability to successfully effect those strategies, and the expected results therefrom. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “expect,” ‎‎”intend,” “anticipate,” “goals,” “prospects,” “will,” “would,” “will continue,” “will likely result,” and similar expressions (including the negative versions of such words or expressions). While Binah believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in predicting certain important factors that could impact the future performance or results of its business. The factors that could cause results to differ materially from those indicated by such forward-looking statements include, but are not limited to: our ability to comply with supervisory and regulatory compliance obligations, the risk we may be held liable for misconduct by our advisors; poor performance of our investment products and services; our ability to effectively maintain and enhance our brand and reputation; our ability to expand and retain our customer base; our future capital requirements and sources and uses of cash; the risk that an increase in government regulation of the industries and markets in which we operate could negatively impact our business; the impact of worldwide and regional political, military or economic conditions, including declines in foreign currencies in relation to the value of the U.S. dollar, hyperinflation, devaluation and significant political or civil disturbances in international markets; and the effectiveness of Binah’s control environment, including the identification of control deficiencies. These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties set forth in documents filed by Binah with ‎the U.S. Securities and Exchange Commission from time to time, including the Annual ‎Report on Form 10-K and Quarterly Reports on Form 10-Q and subsequent ‎periodic reports. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Binah cautions you not to place undue reliance on the ‎forward-looking statements contained in this press release. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Binah assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Binah does not give any assurance that it will achieve its expectations. Binah Capital Group Consolidated Balance Sheet Binah Capital Group Consolidated Statement of Operations Binah Capital Group Reconciliation of GAAP Net Income to EBITDA EBITDA is non-GAAP financial measure. EBITDA is defined as net income plus interest expense, provision for income taxes, and depreciation and amortization. The Company presents EBITDA because management believes that it can be a useful financial metric in understanding the Company’s earnings from operations. EBITDA is not a measure of the Company’s financial performance under GAAP or liquidity and should not be considered as an alternative to net income or any other performance measure derived in accordance with GAAP. Below is a reconciliation of net income to EBITDA for the periods presented (in millions):

Investor releaseQuarter not tagged2025-08-15

Binah Capital Group 2Q Revenue Rises as Wealth Platform Scales – Downloadable Quarterly Report

Exec Edge

Contact: Executives-Edge.com [email protected]

Investor releaseQuarter not tagged2025-08-15

Binah Capital Group Second Quarter 2025 Earnings: US$0.039 loss per share (vs US$0.044 loss in 2Q 2024)

Simply Wall St.

Revenue: US$41.0m (up 2.8% from 2Q 2024). Net loss: US$654.0k (loss narrowed by 11% from 2Q 2024). US$0.039 loss per share (improved from US$0.044 loss in 2Q 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Binah Capital Group's share price is broadly unchanged from a week ago. What about risks? Every company has them, and we've spotted 2 warning signs for Binah Capital Group (of which 1 is a bit unpleasant!) you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Investor releaseQuarter not tagged2025-08-15

Binah Capital Group Revenue Rises as Wealth Platform Scales – Quarterly Update Report

Exec Edge

Download the Complete Report Here By Rayk Riechmann Binah Capital Group, Inc. (Nasdaq: BCG) reported an in-line quarter of top-line growth, driven by a surge in its assets under management (AUM). BCG’s revenue grew by 2%, backed by increased profitability as gross margins reached a multi-year high of 21%. A major highlight is an 11% increase in AUM that shows an impressive ability to scale BCG’s business model. By recruiting and retaining high-performing financial advisors from traditional wirehouses, regionals, and IBDs, BCG should capture a greater client wallet share over time. Turning to valuation, BCG trades at a 65% discount to its own trailing price-to-sales multiple and a 90% discount to a basket of peers, suggesting a significant rerating may be on the horizon. Precedent transactions similarly suggest upside potential with a average AUM multiple of 0.79%. Applying this to BCG’s AUM of $27.8 billion, we see a potential valuation of $219 million or $13.20/share — far above the current share price of $2.10/share. Check out the full earnings report below. Download the Complete Report Here Subscribe to our Weekly Newsletter to Receive All Research Contact: Executives-Edge.com [email protected]

Investor releaseQuarter not tagged2025-08-14

Binah Capital Group Reports Second Quarter 2025 Results

GlobeNewswire
- Grew Total Revenue 2% Year-over-Year to $42 Million - - Assets Under Management (“AuM”) Increased 11% Year-over-Year to $28 Billion - - Net Loss of $0.7 Million, Comparable to the Prior Year - - Increased EBITDA* to $1.0 Million from $0.6 Million in the Prior Year - NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Binah Capital Group, Inc. (“Binah”, “Binah Capital” or the “Company”) (NASDAQ: BCG; BCGWW), a diversified financial services enterprise that owns and operates a network of industry-leading firms empowering independent financial advisors, across brokerage, advisory, and insurance solutions, today announced results for the quarter ended June 30, 2025. "We are pleased to report another strong performance this quarter, further demonstrating our advisor-centric platform built to power growth,” stated Craig Gould, Chief Executive Officer of Binah Capital Group. “Our second-quarter results reflect sustained momentum in our business model and disciplined execution of our strategy, with growth in both revenue and EBITDA. As we look ahead, our differentiated business model and strong execution capabilities position us well to capture the growth opportunities in front of us and create long-term shareholder value.” Second Quarter 2025 Key Highlights Total advisory and brokerage assets in the second quarter grew 11% year-over-year to $28 billion. Total revenue increased 2% year-over-year to $42 million. Gross profit grew 21% to $8.8 million, compared to $7.3 million in the prior-year period. Total operating expenses were $42 million, consistent with the prior-year period. GAAP net loss of $0.7 million, comparable to the prior-year period. EBITDA* increased to $1.0 million, compared to an EBITDA of $0.6 million in the prior year period. _______________ * Non-GAAP Financial Measures. EBITDA is a non-GAAP financial measure defined as net income (loss) adjusted for depreciation expense, amortization expense, interest expense, and income tax. See the section captioned “Non-GAAP Financial Measures” below for a detailed description and reconciliation of such Non-GAAP financial measures to their most directly comparable GAAP financial measures, as required by Regulation G. Liquidity and Capital The Company had cash and cash equivalents of $8.2 million and outstanding long-term debt, net of unamortized issuance costs of $18.6 million as of June 30, 2025. _______________ *…Read full document

- Grew Total Revenue 2% Year-over-Year to $42 Million - - Assets Under Management (“AuM”) Increased 11% Year-over-Year to $28 Billion - - Net Loss of $0.7 Million, Comparable to the Prior Year - - Increased EBITDA* to $1.0 Million from $0.6 Million in the Prior Year - NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Binah Capital Group, Inc. (“Binah”, “Binah Capital” or the “Company”) (NASDAQ: BCG; BCGWW), a diversified financial services enterprise that owns and operates a network of industry-leading firms empowering independent financial advisors, across brokerage, advisory, and insurance solutions, today announced results for the quarter ended June 30, 2025. "We are pleased to report another strong performance this quarter, further demonstrating our advisor-centric platform built to power growth,” stated Craig Gould, Chief Executive Officer of Binah Capital Group. “Our second-quarter results reflect sustained momentum in our business model and disciplined execution of our strategy, with growth in both revenue and EBITDA. As we look ahead, our differentiated business model and strong execution capabilities position us well to capture the growth opportunities in front of us and create long-term shareholder value.” Second Quarter 2025 Key Highlights Total advisory and brokerage assets in the second quarter grew 11% year-over-year to $28 billion. Total revenue increased 2% year-over-year to $42 million. Gross profit grew 21% to $8.8 million, compared to $7.3 million in the prior-year period. Total operating expenses were $42 million, consistent with the prior-year period. GAAP net loss of $0.7 million, comparable to the prior-year period. EBITDA* increased to $1.0 million, compared to an EBITDA of $0.6 million in the prior year period. _______________ * Non-GAAP Financial Measures. EBITDA is a non-GAAP financial measure defined as net income (loss) adjusted for depreciation expense, amortization expense, interest expense, and income tax. See the section captioned “Non-GAAP Financial Measures” below for a detailed description and reconciliation of such Non-GAAP financial measures to their most directly comparable GAAP financial measures, as required by Regulation G. Liquidity and Capital The Company had cash and cash equivalents of $8.2 million and outstanding long-term debt, net of unamortized issuance costs of $18.6 million as of June 30, 2025. _______________ * See "Non-GAAP Financial Measures” below for additional information and a reconciliation to GAAP for all Non-GAAP metrics. About Binah Capital Group Binah Capital Group (“Binah Capital”, “Binah” or the “Company,”) is a financial services enterprise that owns and operates a network of industry-leading firms that empower independent financial advisors. As a national broker-dealer aggregator, Binah specializes in delivering value through its innovative hybrid-friendly model, making it an optimal platform for RIAs navigating today’s complex financial landscape. Binah’s portfolio companies are built to help advisors run, manage, and execute commission-based business seamlessly while providing best in class resources to support their advisory practice. We don’t just offer tools—we cultivate partnerships. Binah Capital Group stands alongside RIAs as a trusted ally, delivering the structure, flexibility, and cutting-edge solutions they need to succeed in an increasingly competitive marketplace. For more, please visit: www.binahcap.com Contact: Binah Capital Investor Relations [email protected] Binah Capital Public Relations [email protected] Non-GAAP Financial Measure EBITDA is a non-GAAP financial measure, defined as net income (loss) adjusted for depreciation expense, amortization, interest expense and income tax. The Company presents EBITDA because management believes that it can be a useful financial metric in understanding the Company’s earnings from operations. EBITDA is not a measure of the Company’s financial performance under GAAP or liquidity and should not be considered as an alternative to net income or any other performance measure derived in accordance with GAAP. The principal limitations of EBITDA are that it excludes certain expenses that are required by U.S. GAAP to be recorded in our consolidated financial statements. In addition, EBITDA is subject to inherent limitations as these metrics reflect the exercise of judgment by management about which expenses are excluded or included in determining EBITDA. A reconciliation of EBITDA to Net income, the most directly comparable GAAP measure, appears below. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be subject to the "safe harbor" created by those sections and other applicable laws. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors that could cause actual results to differ materially from such statements, many of which are outside the control of Binah. Forward-looking statements include, but are not limited to statements regarding: Binah’s financial and operational outlook; Binah’s operational and financial strategies, including planned growth initiatives and the benefits thereof, Binah’s ability to successfully effect those strategies, and the expected results therefrom. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “expect,” ‎‎”intend,” “anticipate,” “goals,” “prospects,” “will,” “would,” “will continue,” “will likely result,” and similar expressions (including the negative versions of such words or expressions). While Binah believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in predicting certain important factors that could impact the future performance or results of its business. The factors that could cause results to differ materially from those indicated by such forward-looking statements include, but are not limited to: our ability to comply with supervisory and regulatory compliance obligations, the risk we may be held liable for misconduct by our advisors; poor performance of our investment products and services; our ability to effectively maintain and enhance our brand and reputation; our ability to expand and retain our customer base; our future capital requirements and sources and uses of cash; the risk that an increase in government regulation of the industries and markets in which we operate could negatively impact our business; the impact of worldwide and regional political, military or economic conditions, including declines in foreign currencies in relation to the value of the U.S. dollar, hyperinflation, devaluation and significant political or civil disturbances in international markets; and the effectiveness of Binah’s control environment, including the identification of control deficiencies. These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties set forth in documents filed by Binah with ‎the U.S. Securities and Exchange Commission from time to time, including the Annual ‎Report on Form 10-K and Quarterly Reports on Form 10-Q and subsequent ‎periodic reports. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Binah cautions you not to place undue reliance on the ‎forward-looking statements contained in this press release. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Binah assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Binah does not give any assurance that it will achieve its expectations. Binah Capital Group Consolidated Balance Sheet Binah Capital Group Consolidated Statement of Operations Binah Capital Group Reconciliation of GAAP Net Income to EBITDA EBITDA is non-GAAP financial measure. EBITDA is defined as net income plus interest expense, provision for income taxes, and depreciation and amortization. The Company presents EBITDA because management believes that it can be a useful financial metric in understanding the Company’s earnings from operations. EBITDA is not a measure of the Company’s financial performance under GAAP or liquidity and should not be considered as an alternative to net income or any other performance measure derived in accordance with GAAP. Below is a reconciliation of net income to EBITDA for the periods presented (in millions):

Investor releaseQuarter not tagged2025-05-16

Binah Capital Group Reports First Quarter 2025 Results

GlobeNewswire
- Grew Total Revenue 18% Year-over-Year to $49 Million - - Assets Under Management (“AuM”) Increased 3% Year-over-Year to $26 Billion - - Net Income of $1 Million - - Increased EBITDA1 to $2.2 Million from $(0.0) Million in the Prior Year - NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- Binah Capital Group, Inc. (“Binah”, “Binah Capital” or the “Company”) (NASDAQ: BCG; BCGWW), a leading financial services enterprise that owns and operates a network of industry-leading firms empowering independent financial advisors, today announced results for the quarter ended March 31, 2025. "We once again delivered strong results, which is a continued testament to our differentiated RIA platform,” stated Craig Gould, Chief Executive Officer of Binah Capital Group. “Highlighting our business model's sustained momentum and the effective execution of our growth initiatives, we achieved double-digit year-over-year growth in both revenue and EBITDA while delivering GAAP profitability in the first quarter. Subsequent to quarter-end, we were pleased to welcome Bleakley Financial Group to the Binah family, underscoring the strength of our open-architecture platform and the confidence that leading entrepreneurial firms place in Binah. Additionally, we further expanded and strengthened our executive leadership with the appointment of Ryan Marcus as our Chief Business Development and Engagement Officer. Looking ahead, we believe our resilient and differentiated platform leaves us well-positioned to navigate the dynamic macro environment and drive long-term shareholder value.” First Quarter 2025 Key Highlights Total advisory and brokerage assets in the first quarter grew 3% year-over-year to $26 billion. Total revenue increased 18% year-over-year to $49 million. Gross profit of $8.6 million, compared to $7.8 million in the prior-year period. Total operating expenses were $7 million, compared to $10 million in the prior-year period. The change in operating expenses was primarily due to costs incurred in the prior-year period related to the consummation of the business combination but did not occur in the first quarter of 2025. GAAP net income of $1 million, compared to GAAP net loss of $(1.6) million in the prior-year period. EBITDA* increased to $2.2 million, compared to an EBITDA of $(0.0) in the prior year period. The increase was primarily attributable to higher revenue gr…Read full document

- Grew Total Revenue 18% Year-over-Year to $49 Million - - Assets Under Management (“AuM”) Increased 3% Year-over-Year to $26 Billion - - Net Income of $1 Million - - Increased EBITDA1 to $2.2 Million from $(0.0) Million in the Prior Year - NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- Binah Capital Group, Inc. (“Binah”, “Binah Capital” or the “Company”) (NASDAQ: BCG; BCGWW), a leading financial services enterprise that owns and operates a network of industry-leading firms empowering independent financial advisors, today announced results for the quarter ended March 31, 2025. "We once again delivered strong results, which is a continued testament to our differentiated RIA platform,” stated Craig Gould, Chief Executive Officer of Binah Capital Group. “Highlighting our business model's sustained momentum and the effective execution of our growth initiatives, we achieved double-digit year-over-year growth in both revenue and EBITDA while delivering GAAP profitability in the first quarter. Subsequent to quarter-end, we were pleased to welcome Bleakley Financial Group to the Binah family, underscoring the strength of our open-architecture platform and the confidence that leading entrepreneurial firms place in Binah. Additionally, we further expanded and strengthened our executive leadership with the appointment of Ryan Marcus as our Chief Business Development and Engagement Officer. Looking ahead, we believe our resilient and differentiated platform leaves us well-positioned to navigate the dynamic macro environment and drive long-term shareholder value.” First Quarter 2025 Key Highlights Total advisory and brokerage assets in the first quarter grew 3% year-over-year to $26 billion. Total revenue increased 18% year-over-year to $49 million. Gross profit of $8.6 million, compared to $7.8 million in the prior-year period. Total operating expenses were $7 million, compared to $10 million in the prior-year period. The change in operating expenses was primarily due to costs incurred in the prior-year period related to the consummation of the business combination but did not occur in the first quarter of 2025. GAAP net income of $1 million, compared to GAAP net loss of $(1.6) million in the prior-year period. EBITDA* increased to $2.2 million, compared to an EBITDA of $(0.0) in the prior year period. The increase was primarily attributable to higher revenue growth and lower expenses, as the first quarter 2025 did not include the business combination related costs that occurred in the prior-year period. Liquidity and Capital The Company had cash and cash equivalents of $9 million and outstanding long-term debt of $25 million as of March 31, 2025. _______________ * See "Non-GAAP Financial Measures” below for additional information and a reconciliation to GAAP for all Non-GAAP metrics. About Binah Capital Group Binah Capital Group (“Binah Capital”, “Binah” or the “Company,” is a financial services enterprise that owns and operates a network of industry-leading firms that empower independent financial advisors. As a national broker-dealer aggregator, Binah specializes in delivering value through its innovative hybrid-friendly model, making it an optimal platform for RIAs navigating today’s complex financial landscape. Binah’s portfolio companies are built to help advisors run, manage, and execute commission-based business seamlessly while providing best in class resources to support their advisory practice. We don’t just offer tools—we cultivate partnerships. Binah Capital Group stands alongside RIAs as a trusted ally, delivering the structure, flexibility, and cutting-edge solutions they need to succeed in an increasingly competitive marketplace. For more, please visit: www.binahcap.com Contact: Binah Capital Investor [email protected] Binah Capital Public [email protected] Non-GAAP Financial Measure EBITDA is a non-GAAP financial measure, defined as net income (loss) adjusted for depreciation expense, amortization, interest expense and income tax. The Company presents EBITDA because management believes that it can be a useful financial metric in understanding the Company’s earnings from operations. EBITDA is not a measure of the Company’s financial performance under GAAP or liquidity and should not be considered as an alternative to net income or any other performance measure derived in accordance with GAAP. The principal limitations of EBITDA are that it excludes certain expenses that are required by U.S. GAAP to be recorded in our consolidated financial statements. In addition, EBITDA is subject to inherent limitations as these metrics reflect the exercise of judgment by management about which expenses are excluded or included in determining EBITDA. A reconciliation of EBITDA to Net income, the most directly comparable GAAP measure, appears below. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be subject to the "safe harbor" created by those sections and other applicable laws. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors that could cause actual results to differ materially from such statements, many of which are outside the control of Binah. Forward-looking statements include, but are not limited to statements regarding: Binah’s financial and operational outlook; Binah’s operational and financial strategies, including planned growth initiatives and the benefits thereof, Binah’s ability to successfully effect those strategies, and the expected results therefrom. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “expect,” ‎‎”intend,” “anticipate,” “goals,” “prospects,” “will,” “would,” “will continue,” “will likely result,” and similar expressions (including the negative versions of such words or expressions). While Binah believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in predicting certain important factors that could impact the future performance or results of its business. The factors that could cause results to differ materially from those indicated by such forward-looking statements include, but are not limited to: our ability to comply with supervisory and regulatory compliance obligations, the risk we may be held liable for misconduct by our advisors; poor performance of our investment products and services; our ability to effectively maintain and enhance our brand and reputation; our ability to expand and retain our customer base; our future capital requirements and sources and uses of cash; the risk that an increase in government regulation of the industries and markets in which we operate could negatively impact our business; the impact of worldwide and regional political, military or economic conditions, including declines in foreign currencies in relation to the value of the U.S. dollar, hyperinflation, devaluation and significant political or civil disturbances in international markets; and the effectiveness of Binah’s control environment, including the identification of control deficiencies. These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties set forth in documents filed by Binah with ‎the U.S. Securities and Exchange Commission from time to time, including the Annual ‎Report on Form 10-K and Quarterly Reports on Form 10-Q and subsequent ‎periodic reports. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Binah cautions you not to place undue reliance on the ‎forward-looking statements contained in this press release. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Binah assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Binah does not give any assurance that it will achieve its expectations. Binah Capital Group Consolidated Balance Sheet Binah Capital Group Consolidated Statement of Operations Binah Capital Group Reconciliation of GAAP Net Income to EBITDA EBITDA is a non-GAAP financial measure. EBITDA is defined as net income plus interest expense, provision for income taxes, and depreciation and amortization. The Company presents EBITDA because management believes that it can be a useful financial metric in understanding the Company’s earnings from operations. EBITDA is not a measure of the Company’s financial performance under GAAP or liquidity and should not be considered as an alternative to net income or any other performance measure derived in accordance with GAAP. Below is a reconciliation of net income to EBITDA for the periods presented (in millions): _____________________________ 1 Non-GAAP Financial Measures. EBITDA is a non-GAAP financial measure defined as net income (loss) adjusted for depreciation expense, amortization expense, interest expense, and income tax. See the section captioned “Non-GAAP Financial Measures” below for a detailed description and reconciliation of such Non-GAAP financial measures to their most directly comparable GAAP financial measures, as required by Regulation G.

Investor releaseQuarter not tagged2025-04-02

Binah Capital Group Full Year 2024 Earnings: US$0.28 loss per share (vs US$0.43 profit in FY 2023)

Simply Wall St.

Revenue: US$164.9m (up 1.3% from FY 2023). Net loss: US$4.56m (down from US$571.0k profit in FY 2023). US$0.28 loss per share (down from US$0.43 profit in FY 2023). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period Binah Capital Group shares are down 2.9% from a week ago. Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Binah Capital Group (1 doesn't sit too well with us) you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Investor releaseQuarter not tagged2025-04-01

Binah Capital Group Reports Fourth Quarter and Full Year 2024 Results

GlobeNewswire
- Grew Total Revenue 8% Year-over-Year to $45 Million in the Fourth Quarter 2024 - - Assets Under Management (“AuM”) Increased 13% Year-over-Year to $27 Billion - - GAAP Net Loss of $1.1 Million in the Fourth Quarter - - Grew Adjusted EBITDA* 43% Year-Over-Year to $2.0 Million in the Fourth Quarter - NEW YORK, March 31, 2025 (GLOBE NEWSWIRE) -- Binah Capital Group, Inc. (“Binah”, “Binah Capital” or the “Company”) (NASDAQ: BCG; BCGWW), a leading financial services enterprise that owns and operates a network of industry-leading firms empowering independent financial advisors, today announced results for the quarter and year ended December 31, 2024. "As we celebrate the one-year anniversary of our successful public listing, we’re pleased to deliver our 2024 fourth quarter results,” stated Craig Gould, Chief Executive Officer of Binah Capital Group. “Beyond our solid financial performance, we’ve accomplished several key milestones over the past year: closing of the business combination, forming Binah Capital Group, Inc. and listing on the NASDAQ, successful recruiting efforts, significantly reducing our cost of funding through the successful refinancing of our senior credit facility at favorable terms, and maintaining a mature and stable business despite ongoing market volatility.” “Looking ahead, we are off to a strong start in 2025, with a robust acquisition and recruiting pipeline. We continue to uncover many significant opportunities to onboard additional new businesses as we execute on our external growth strategy. Moreover, our hybrid-friendly business model, coupled with the favorable market for opportunities in our sector, we believe positions us well to deliver profitable, long-term growth as we work to create significant value for our shareholders.” ________________________________* Non-GAAP Financial Measures. Adjusted EBITDA is a non-GAAP financial measure defined as net income (loss) attributable to Binah adjusted for depreciation expense, amortization, interest expense, income tax and other non-cash and non-recurring items that in the judgement of management significantly impact the period-over-period assessment of performance and operating results that do not directly relate to business performance within Binah’s control. See the section captioned the “Non-GAAP Financial Measures” below for a detailed description and reconciliation of such Non-GAA…Read full document

- Grew Total Revenue 8% Year-over-Year to $45 Million in the Fourth Quarter 2024 - - Assets Under Management (“AuM”) Increased 13% Year-over-Year to $27 Billion - - GAAP Net Loss of $1.1 Million in the Fourth Quarter - - Grew Adjusted EBITDA* 43% Year-Over-Year to $2.0 Million in the Fourth Quarter - NEW YORK, March 31, 2025 (GLOBE NEWSWIRE) -- Binah Capital Group, Inc. (“Binah”, “Binah Capital” or the “Company”) (NASDAQ: BCG; BCGWW), a leading financial services enterprise that owns and operates a network of industry-leading firms empowering independent financial advisors, today announced results for the quarter and year ended December 31, 2024. "As we celebrate the one-year anniversary of our successful public listing, we’re pleased to deliver our 2024 fourth quarter results,” stated Craig Gould, Chief Executive Officer of Binah Capital Group. “Beyond our solid financial performance, we’ve accomplished several key milestones over the past year: closing of the business combination, forming Binah Capital Group, Inc. and listing on the NASDAQ, successful recruiting efforts, significantly reducing our cost of funding through the successful refinancing of our senior credit facility at favorable terms, and maintaining a mature and stable business despite ongoing market volatility.” “Looking ahead, we are off to a strong start in 2025, with a robust acquisition and recruiting pipeline. We continue to uncover many significant opportunities to onboard additional new businesses as we execute on our external growth strategy. Moreover, our hybrid-friendly business model, coupled with the favorable market for opportunities in our sector, we believe positions us well to deliver profitable, long-term growth as we work to create significant value for our shareholders.” ________________________________* Non-GAAP Financial Measures. Adjusted EBITDA is a non-GAAP financial measure defined as net income (loss) attributable to Binah adjusted for depreciation expense, amortization, interest expense, income tax and other non-cash and non-recurring items that in the judgement of management significantly impact the period-over-period assessment of performance and operating results that do not directly relate to business performance within Binah’s control. See the section captioned the “Non-GAAP Financial Measures” below for a detailed description and reconciliation of such Non-GAAP financial measures to their most directly comparable GAAP financial measures, as required by Regulation G. Fourth Quarter 2024 Key Highlights Compared to Prior Year Period Total advisory and brokerage assets in the fourth quarter grew 13% year-over-year to $27 billion. Total revenue increased 8% year-over-year to $45 million. Gross profit of $8.5 million, compared to $9.0 million in the prior year period. Total operating expenses were $9.6 million, compared to $7.8 million in the prior-year period. The change in operating expenses was primarily due to costs related to the re-financing of senior credit facility and public company operating expenses incurred in the fourth quarter but not incurred in the prior year. GAAP net loss of $1.1 million, compared to GAAP net loss of $1.1 million in the prior year. Adjusted EBITDA* grew 43% year-over-year to $2.0 million, which was primarily attributable to revenue growth, partially offset by higher expenses. Full Year 2024 Key Highlights Compared to 2023 Total revenue rose 1% year-over-year to $169 million. Gross profit increased 1% year-over-year to $32 million. Total operating expenses were $35 million, compared to $31 million in the prior-year. The change was primarily driven by costs related to the successful business combination, refinancing and public company related costs occurred in 2024 but were not incurred in 2023. GAAP net loss of $5.3 million, compared to GAAP net income of $0.6 million in the prior year. Adjusted EBITDA* of $6.3 million, compared to Adjusted EBITDA of $8.4 million in the prior year. Further optimized the balance sheet through the successful refinance of its $20.0 million senior notes at more favorable terms than the prior facility. Liquidity and Capital The Company had cash and cash equivalents of $8 million and outstanding long-term debt of $25 million, as of December 31, 2024. _______________* See "Non-GAAP Financial Measures” below for additional information and a reconciliation to GAAP for all Non-GAAP metrics. About Binah Capital Group Binah Capital Group (“Binah Capital”, “Binah” or the “Company,” is a financial services enterprise that owns and operates a network of industry-leading firms that empower independent financial advisors. As a national broker-dealer aggregator, Binah specializes in delivering value through its innovative hybrid-friendly model, making it an optimal platform for RIAs navigating today’s complex financial landscape. Binah’s portfolio companies are built to help advisors run, manage, and execute commission-based business seamlessly while providing best in class resources to support their advisory practice. We don’t just offer tools—we cultivate partnerships. Binah Capital Group stands alongside RIAs as a trusted ally, delivering the structure, flexibility, and cutting-edge solutions they need to succeed in an increasingly competitive marketplace. For more, please visit: www.binahcap.com Contact: Binah Capital Investor [email protected] Binah Capital Public [email protected] Non-GAAP Financial Measure EBITDA and Adjusted EBITDA are non-GAAP financial measures, defined as net income (loss) attributable to Binah adjusted for depreciation expense, amortization, interest expense, income tax and other non-cash and non-recurring items that in our judgement significantly impact the period-over-period assessment of performance and operating results that do not directly relate to business performance within Binah’s control. The Company presents EBITDA and Adjusted EBITDA because management believes that it can be a useful financial metric in understanding the Company’s earnings from operations. EBITDA and Adjusted EBITDA are not a measure of the Company’s financial performance under GAAP and should not be considered as an alternative to net income or any other performance measure derived in accordance with GAAP. The principal limitations of EBITDA and Adjusted EBITDA are that they exclude certain expenses that are required by U.S. GAAP to be recorded in our consolidated financial statements. In addition, EBITDA and Adjusted EBITDA are subject to inherent limitations as these metrics reflect the exercise of judgment by management about which expenses are excluded or included in determining EBITDA and Adjusted EBITDA. A reconciliation of Adjusted EBITDA to Net income attributable to Binah Capital, the most directly comparable GAAP measure, and Adjusted EBITDA to EBITDA appears below. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be subject to the "safe harbor" created by those sections and other applicable laws. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors that could cause actual results to differ materially from such statements, many of which are outside the control of Binah. Forward-looking statements include, but are not limited to statements regarding: Binah’s financial and operational outlook; Binah’s operational and financial strategies, including planned growth initiatives and the benefits thereof, Binah’s ability to successfully effect those strategies, and the expected results therefrom. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “expect,” ‎‎”intend,” “anticipate,” “goals,” “prospects,” “will,” “would,” “will continue,” “will likely result,” and similar expressions (including the negative versions of such words or expressions). While Binah believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in predicting certain important factors that could impact the future performance or results of its business. The factors that could cause results to differ materially from those indicated by such forward-looking statements include, but are not limited to: our ability to comply with supervisory and regulatory compliance obligations, the risk we may be held liable for misconduct by our advisors; poor performance of our investment products and services; our ability to effectively maintain and enhance our brand and reputation; our ability to expand and retain our customer base; our future capital requirements and sources and uses of cash; the risk that an increase in government regulation of the industries and markets in which we operate could negatively impact our business; the impact of worldwide and regional political, military or economic conditions, including declines in foreign currencies in relation to the value of the U.S. dollar, hyperinflation, devaluation and significant political or civil disturbances in international markets; and the effectiveness of Binah’s control environment, including the identification of control deficiencies. These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties set forth in documents filed by Binah with ‎the U.S. Securities and Exchange Commission from time to time, including the Annual ‎Report on Form 10-K and Quarterly Reports on Form 10-Q and subsequent ‎periodic reports. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Binah cautions you not to place undue reliance on the ‎forward-looking statements contained in this press release. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Binah assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Binah does not give any assurance that it will achieve its expectations. Binah Capital Group Consolidated Balance Sheet Binah Capital Group Consolidated Statement of Operations Binah Capital Group Reconciliation of GAAP Net Income to EBITDA and Adjusted EBITDA EBITDA and Adjusted EBITDA are non-GAAP financial measures. EBITDA is defined as net income plus interest expense, provision for income taxes, and depreciation and amortization. Adjusted EBITDA is defined as EBITDA plus non-recurring costs related to our business combination as well as re-financing the senior credit facility costs. The Company presents EBITDA and Adjusted EBITDA because management believes that it can be a useful financial metric in understanding the Company’s earnings from operations. EBITDA and Adjusted EBITDA are not a measure of the Company’s financial performance under GAAP and should not be considered as an alternative to net income or any other performance measure derived in accordance with GAAP. Below is a reconciliation of net income to EBITDA and EBITDA to Adjusted EBITDA for the periods presented (in millions):

As of 2026-08-15 • Updated weeklySource: Earnings sourceIngestion runbook