
BUZZ-Binah Capital soars after posting Q3 profit

Wealth management firm Binah Capital’sshares jump 32% to $1.88 Late Thursday, BCG reported Q3 profit of ~$1.8 million vs a net loss of $1.2 million a year earlierTotal revenue grew 9.5% to $46.2 million in the quarter ended September 30 as assets under management jumped 11% Last year, Wentworth Management Services combined with Kingswood Acquisition Corp to form Binah CapitalAs of last close, BCG stock down 51.5% YTD
Wealth management firm Binah Capital’s (BCG.O) shares jump 32% to $1.88 Late Thursday, BCG reported Q3 profit of ~$1.8 million vs a net loss of $1.2 million a year earlier
Total revenue grew 9.5% to $46.2 million in the quarter ended September 30 as assets under management jumped 11% Last year, Wentworth Management Services combined with Kingswood Acquisition Corp to form Binah Capital
As of last close, BCG stock down 51.5% YTD

