---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-111478"
form_type: "8-K"
ticker: "BCG"
cik: "0001953984"
company_name: "Binah Capital Group, Inc."
filed_at: "2025-11-13T23:59:59+00:00"
generated_at: "2026-05-16T20:38:07.960768+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Binah Capital reports Q3 net income $1.8M vs loss $1.2M; revenue up 9.5% to $46.2M

## Summary
- Nine-month total revenue grew 10% YoY to $137.0M; Q3 revenue rose 9.5% to $46.2M.
- AuM rose 11% YoY to $30.0B as of Sept 30, 2025.
- Nine-month net income $2.1M vs net loss $3.5M in prior year; Q3 net income $1.8M vs loss $1.2M.
- EBITDA increased to $5.8M from $1.0M in the prior-year period.
- Operating expenses down to $23.5M from $26.0M, aided by lower non-recurring business combination costs.

## SEC filing metadata
- accession: 0001104659-25-111478
- form_type: 8-K
- ticker: BCG
- cik: 0001953984
- company_name: Binah Capital Group, Inc.
- filed_at: 2025-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1953984/000110465925111478/0001104659-25-111478-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1953984/000110465925111478/tm2531199d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-111478
- JSON: https://secwatch.observer/filing/0001104659-25-111478.json
- Plain text: https://secwatch.observer/filing/0001104659-25-111478.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
