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BCG (Binah Capital Group) Pre-Tax Income : $-3.8 Mil (TTM As of Sep. 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 Sep. 2024 was $-0.6 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2024 was $-3.8 Mil. Binah Capital Group's pretax margin was -1.49%.

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.

* Premium members only.

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 Jun24 Sep24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -1.25 -1.44 -0.52 -0.61

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 Sep. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1.199+-2.207+-0.775+1.17+0
=-0.6

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.8 Mil.

* 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.

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

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

Pretax Margin=Pretax Income/Revenue
=-0.613/41.027
=-1.49%

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%.

* 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.

Binah Capital Group Pre-Tax Income Related Terms

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Binah Capital Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Binah Capital Group Inc (NAS:BCG) » Definitions » Pre-Tax Income
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Traded in Other Exchanges
N/A
Address
80 State Street, Albany, NY, USA, 12207
Website
https://www.wentworthms.com
Binah Capital Group Inc formerly 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.