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BCG (Binah Capital Group) Tax Rate % : -40.92% (As of Jun. 2024)


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What is Binah Capital Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Binah Capital Group's Tax Expense for the three months ended in Jun. 2024 was $0.2 Mil. Binah Capital Group's Pre-Tax Income for the three months ended in Jun. 2024 was $-0.5 Mil. Therefore, Binah Capital Group's Tax Rate % for the quarter that ended in Jun. 2024 was -40.92%.

Binah Capital Group Tax Rate % Historical Data

The historical data trend for Binah Capital Group's Tax Rate % 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 Tax Rate % Chart

Binah Capital Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
9.88 -38.95 38.90 -17.49

Binah Capital Group Quarterly Data
Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.25 -24,300.00 29.97 -9.64 -40.92

Binah Capital Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Binah Capital Group's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=-0.085/0.486
=-17.49 %

Binah Capital Group's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=0.214/-0.523
=-40.92 %

* 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 Tax Rate % Related Terms

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Binah Capital Group Business Description

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O1Y:Germany
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.