New York, May 28, 2026, 18:05 (EDT)
- Binah Capital finished the session at $1.62, off 5 cents. Fewer than 40,000 shares changed hands.
- Binah Capital first-quarter advisory and brokerage assets of $29.0 billion, a 12.9% gain over the same period last year.
- Nasdaq’s regular session was over. After-hours trading, which lasts to 8 p.m. Eastern, tends to be less liquid.
Binah Capital Group Inc. shares slipped late Thursday, last seen at $1.62, down 5 cents. Investors had little new from the wealth-management firm, and trading stayed light. The stock opened at $1.63 and moved between $1.57 and $1.67.
This shift hits after the regular Nasdaq closed in New York, with the stock sliding into after-hours trading — that’s trading beyond the usual 9:30 a.m. to 4 p.m. window. Nasdaq flags after-hours trading as more volatile and less liquid, where price swings can be sharper because there may be fewer buyers and sellers.
Binah’s investor-relations site hasn’t posted an update since the first-quarter results on May 15. So investors are mostly watching the stock, looking at recent filings and trading trends among broker-dealer and wealth-management names.
Binah said its total advisory and brokerage assets hit $29.0 billion at the end of March, compared with $25.7 billion last year. Assets under management measures the client assets a firm handles, making it a main metric for wealth-management firms.
Revenue slipped in the quarter. The company reported $48.7 million in total revenue for the three months ended March 31, down 0.5% from $48.9 million last year. Net income went up to $1.9 million from $1.0 million.
Chief Executive Craig Gould described the quarter as “strong operational results,” citing momentum for “higher GAAP profitability and EBITDA.” GAAP refers to U.S. accounting standards, while EBITDA is earnings before interest, taxes, depreciation and amortization, used to adjust for certain costs. Binah Capital
The company posted adjusted EBITDA of $3.7 million, better than $2.2 million last year. Adjusted EBITDA is a non-GAAP figure and isn’t calculated under standard rules. Investors should look at it with net income, not as a replacement.
Binah’s market cap is just $27.4 million, much less than advisory and brokerage names like LPL Financial, Raymond James Financial, and Stifel Financial. Those three were also trading down on Thursday, but each is valued in the billions. Binah is far smaller by comparison.
The gap is important. Binah is a small-cap with thin volume—last quoted at 39,659 shares—and can swing on smaller trades. Its price-to-earnings ratio was about 18, comparing share price to profit per share.
Higher advisory and brokerage assets don’t guarantee quicker revenue growth, especially if trading activity drops, adviser flows weaken or markets shift. Binah has also flagged risks around regulatory compliance, potential adviser misconduct, how investment products perform, capital requirements and changes in the overall economy.
Focus for the next session is on whether buyers step in around Thursday’s low, or if weak volume leaves the stock open to another move. Trading has been quiet, with little activity showing up on the tape.
