Group 1 - Binah Capital Group, Inc. (NASDAQ: BCG) reported a 9.5% increase in revenue to $46.2 million, driven by strong commissions, increased advisory fees, and higher interest income [1] - The company's assets under management (AUM) grew by 11% year-over-year to $30.0 billion, indicating the scalability of its advisor-centric business model [2] - Profitability reached a multi-quarter high with EBITDA increasing to $2.9 million, allowing for potential strategic investments to support advisors [3] Group 2 - Management expressed positive momentum heading into the fourth quarter, supported by advisor productivity and macro trends [4] - Despite increased volatility in shares, they settled almost flat and are trading at a 92% discount on a last twelve months price-to-sales ratio [4]
BCG Shreds Expectations and Delivers Top-Down Beat – Quarterly Update Report