Binah Capital Group (Binah Capital Group) Pre-Tax Income : $-2.3 Mil (TTM As of Mar. 2024)

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What is Binah Capital Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Binah Capital Group's pretax income for the three months ended in Mar. 2024 was $-1.4 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-2.3 Mil. Binah Capital Group's pretax margin was -3.60%.

During the past 4 years, Binah Capital Group's highest Pretax Margin was 1.20%. The lowest was -3.41%. And the median was 0.58%.

Binah Capital Group Pre-Tax Income Historical Data

The historical data trend for Binah Capital Group's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Binah Capital Group Pre-Tax Income Chart

Binah Capital Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

-3.77

2.01

1.49

0.49

Binah Capital Group Quarterly Data
	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial						1.36	0.38	-	-1.25	-1.44

Competitive Comparison of Binah Capital Group's Pre-Tax Income

For the Asset Management subindustry, Binah Capital Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Binah Capital Group's Pre-Tax Income Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Binah Capital Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Binah Capital Group's Pre-Tax Income falls into.

Binah Capital Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Binah Capital Group's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	0.734	+	-3.225	+	-5.119	+	8.096	+	-6.6613381477509E-16
	=	0.5

Binah Capital Group's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-2.327	+	0.578	+	-1.062	+	1.369	+	4.4408920985006E-16
	=	-1.4

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.3 Mil.

Binah Capital Group (NAS:BCG) Pre-Tax Income Explanation

Binah Capital Group's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-1.442	/	40.08
	=	-3.60%

During the past 4 years, Binah Capital Group's highest Pretax Margin was 1.20%. The lowest was -3.41%. And the median was 0.58%.

Binah Capital Group Pre-Tax Income Related Terms

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Binah Capital Group (Binah Capital Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Binah Capital Group Inc (NAS:BCG) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Cowboys Way, Suite 490, Frisco, TX, USA, 75034

Website

https://www.wentworthms.com

Wentworth Management Services LLC is a holding company that acquires and manages businesses in the wealth management industry. The company specializes in consolidating independent broker-dealers to capture economies of scale needed to service financial advisors in today's technology-enabled regulatory environment. Wentworth's core philosophy focuses on building long-term, productive relationships with its advisor base.

Binah Capital Group (Binah Capital Group) Headlines

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