New York, May 28, 2026, 18:05 (EDT)
- Binah Capital slipped 5 cents to $1.62 with fewer than 40,000 shares traded in the last session.
- Binah Capital said first-quarter advisory and brokerage assets totaled $29.0 billion, a gain of 12.9% from the same quarter last year, according to its latest release.
- Regular trading on the Nasdaq had ended. After-hours trading, which often sees less liquidity, continues until 8 p.m. Eastern.
Binah Capital Group Inc. shares traded lower in late Thursday action, last changing hands at $1.62, off 5 cents. There was not much new out of the wealth-management firm, so trading stayed light with eyes on earlier quarterly results. Binah opened at $1.63 and moved between $1.57 and $1.67.
This matters right now since Nasdaq had already closed in New York, so the stock was only trading after hours. After-hours trading typically sees more price swings and thinner liquidity, with less trading activity that can push prices around, Nasdaq says.
Binah’s investor-relations page hasn’t posted anything after its first-quarter results on May 15. So investors are left watching the stock, picking through recent filings, and tracking moves in broker-dealer and wealth-management stocks.
Binah said advisory and brokerage assets hit $29.0 billion at March 31, rising from $25.7 billion last year. Assets under management, or AuM, is a key metric for firms in wealth management, measuring client assets a company advises on or services.
Revenue slipped. The filing shows total revenue at $48.7 million for the quarter ended March 31, a drop of 0.5% from $48.9 million last year. Net income moved up to $1.9 million from $1.0 million.
Chief Executive Craig Gould said the quarter saw “strong operational results” with momentum pushing “higher GAAP profitability and EBITDA.” GAAP stands for standard U.S. accounting; EBITDA leaves out some financing and non-cash items. Binah Capital
The company posted adjusted EBITDA of $3.7 million, higher than $2.2 million last year. Adjusted EBITDA is a non-GAAP metric, so it’s not based on standard accounting rules and should be considered with net income, not as a replacement for it.
Binah’s market value is a fraction of what bigger names carry. LPL Financial, Raymond James Financial, and Stifel Financial shares fell Thursday too, but each has a market cap in the billions. Binah’s hovered at about $27.4 million.
The gap is important. Binah is small, trading is thin, and just 39,659 shares showed up on its latest volume. The stock’s price-to-earnings ratio was about 18.
Higher advisory and brokerage assets may not mean quicker revenue growth if trading drops or adviser flows weaken, or if markets shift. Binah also pointed to risks with regulatory issues, adviser misconduct, investment results, capital, and the economy.
For the next session, the question is if buyers step in near Thursday’s low or if thin volume leaves the shares open to another move. The tape is pretty clear—trading just isn’t very active right now.
