Reading BCG? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track BCG free→Reading BCG? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track BCG free→NASDAQFinancialsAsset ManagementSnapshot 2026-06-16
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is neutral, and earnings quality is also neutral, indicating some uncertainty in cash flow backing reported profits. Management's recent track record has been steady, but risk is high, and the sector backdrop presents a headwind. Peer multiples imply a price about 27% above where it trades (it looks cheap on this basis); the read is cheap, quality intact. The outlook hinges on guidance changes from BCG and the performance of sector bellwethers like BLK, BX, and KKR. This read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 3 valuation methods, at three horizons. Current price $1.61. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $1.61 BCG trades at 14× p/e, below its 15× p/e peer median. Our $1.99 fair value sits above the price; high confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price sits about 19% below a flat-multiple fair value; not enough history to forecast a comparison. This describes what's priced in, not a forecast of the move.
Only a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Financials names rated neutral grew net income 52% of the time over the next year (vs 61% for the rest of the cohort, n=4936).
Over the trailing year it converted 1.46x of net income into operating cash flow. Historically, Financials names rated neutral grew net income 58% of the time over the next year (vs 55% for the rest of the cohort, n=4725).
Not enough signal yet.
Not enough signal to read sensitivity to the US dollar, the broad stock market, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity.
3 material management or governance events in the past 24 months, led by executive changes. Historically, Financials names rated stable grew net income 56% of the time over the next year (vs 56% for the rest of the cohort, n=3736).
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
via XLF
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$252.
How much price usually moves either way.
On a bad day, this stock has moved -$889.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $5,032.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
Valuation changed. It rose to inexpensive. Risk remained high. The sector backdrop showed a headwind.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Interest rate changes can raise or lower borrowing costs. This affects Binah Capital's business.
Confirms one read:FOMC raises interest rates during the June 17 meeting.
Confirms the other:FOMC keeps interest rates unchanged or lowers them.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for BCG yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
No upside scenarios in the latest snapshot.
No downside scenarios in the latest snapshot.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Results of Operations and Financial Condition. On May 15, 2026, Binah Capital Group, Inc. (“Binah”) issued a press release announcing financial results for its first quarter ended March 31, 2026. A copy of the press release is furnished herewith as Exhibit 99.1. The information in this current report on Form 8-K, including the press release attached as Exhibit 99.1 hereto, is being furnished, but shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 19…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
Roughly priced in line with peers.
Self-history needs ~20 months of data.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Asset Management & Custody Banks.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
BCG Binah Capital Group Inc | Above typical Show detailsSector percentile: 91 of 100 | inexpensive | high |
BLK BlackRock | Typical Show detailsSector percentile: 63 of 100 | expensive | moderate |
BX Blackstone Inc. | Below typical Show detailsSector percentile: 26 of 100 | expensive | elevated |
BNY BNY Mellon | Typical Show detailsSector percentile: 57 of 100 | expensive | low |
BK BNY Mellon | Above typical Show detailsSector percentile: 100 of 100 | inexpensive | high |
Not investment advice. As of 2026-06-16.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on achieving a 10.7% increase in total annual revenue to reach $187.1 million by the end of the fiscal year.
Newly stated in 2025-Q4. Revenue grew from $46.2M in 2025-Q3 to $48.7M in 2026-Q1, indicating progress towards the annual target of $187.1M. The trajectory shows delivering on the stated growth priority.
“Total annual revenue increased by 10.7% to $187.1 million.”
Focus on improving operating income through strategic initiatives and cost management.
Stated in 2 of last 2 quarters. Operating income improved from a loss of $234,000 in 2025-Q4 to $2.66M in 2026-Q1, showing significant progress in cost management and strategic initiatives.
“Operating income improved to $2.66M in 2026-Q1.”
“Operating income was a loss of $234,000.”
Increase cash flow from operations to support business growth and financial stability.
Stated in 2 of last 2 quarters. Cash from operations increased from $310,000 in 2025-Q4 to $538,000 in 2026-Q1, indicating improved financial stability and support for business growth.
“Cash from operations increased to $538,000.”
“Cash from operations was $310,000.”
Why it matters: A drop in revenue growth would signal a slowdown in the financial sector. This could hurt Binah Capital's performance.
Confirms:Revenue growth falls below its median of around 15%.
Disproves:Revenue growth remains above the median.
Why it matters: Retail sales data shows how much consumers spend. This impacts the economy and Binah Capital's market.
Confirms one read:Retail sales increase more than 0.5% month over month.
Confirms the other:Retail sales decline or grow less than 0.5% month over month.
Results of Operations and Financial Condition. On March 31, 2026, Binah Capital Group, Inc. (“Binah”) issued a press release announcing financial results for its fourth quarter and full year ended December 31, 2025. A copy of the press release is furnished herewith as Exhibit 99.1. The information in this current report on Form 8-K, including the press release attached as Exhibit 99.1 hereto, is being furnished, but shall not be deemed to be “filed” for purposes of Section 18 of the Securitie…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On February 25, 2026, the Compensation Committee of the Board of Directors (the “ Committee ”) of the Company, approved the grant to Mr. Craig Gould, the Company’s Chief Executive Officer, under the Company’s 2024 Equity Incentive Plan (the “ Plan ”) of 94,828 fully vested restricted shares (the “ Gould Restricted Stock Award ”) of common stock, pa…
Material Modification to Rights of Security Holders As previously disclosed, on September 4, 2024, the Company entered into a subscription agreement (the “ Series B Subscription Agreement ”) with certain investors (the “ Series B Investors ”) for the purchase of 150,000 shares of Binah Capital Group, Inc. (the “ Company ”) in a private placement at $10.00 per share, for an aggregate purchase price of $1,500,000. The terms of the Series B Junior Convertible Preferred Stock of the Company (the…
Results of Operations and Financial Condition. On November 13, 2025, Binah Capital Group, Inc. (“Binah”) issued a press release announcing financial results for its third quarter ended September 30, 2025. A copy of the press release is furnished herewith as Exhibit 99.1. The information in this current report on Form 8-K, including the press release attached as Exhibit 99.1 hereto, is being furnished, but shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange…