Filing Flows › Binah Capital Group (BCG) › How it makes money
How Binah Capital Group (BCG) makes money
Binah Capital Group (BCG) made $46.5M of revenue in the second quarter 2026 (Q2 2026), +12% from a year earlier. Variable annuities and other insurance commissions brought in $26.7M (57%); Advisory fees brought in $7.4M (16%); Mutual fund commissions brought in $6.7M (15%). Of every dollar of revenue, 1¢ was left as operating profit, 1¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Variable annuities and other insurance commissions | $26.7M | 57.5% | -5% | +9% |
| Advisory fees | $7.4M | 15.8% | +0.6% | +11% |
| Mutual fund commissions | $6.7M | 14.5% | +3% | +14% |
| Securities commissions | $3.0M | 6.4% | -22% | +15% |
| Alternative investments | $1.6M | 3.5% | +41% | +72% |
| Other revenues | $1.1M | 2.4% | -33% | +26% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $46.5M | 100.0% |
| Operating profit | $423K | 0.9% |
| Income tax | $86K | 0.2% |
| Net earnings | $337K | 0.7% |
| Operating cash flow | $1.1M | 2.4% |
| Free cash flow | $1.1M | 2.4% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $46.5M | +12% |
| Q1 2026 | $48.7M | -0.5% |
| Q4 2025 | $50.5M | +13% |
| Q3 2025 | $46.2M | +10% |
| Q2 2025 | $41.5M | +2% |
| Q1 2025 | $48.9M | +18% |
| Q4 2024 | $44.6M | +8% |
From Binah Capital Group's 10-Q filed Aug 13, 2026 (on EDGAR).
Questions
How does Binah Capital Group make money?
Binah Capital Group (BCG) made $46.5M of revenue in the second quarter 2026 (Q2 2026), +12% from a year earlier. Variable annuities and other insurance commissions brought in $26.7M (57%); Advisory fees brought in $7.4M (16%); Mutual fund commissions brought in $6.7M (15%). Of every dollar of revenue, 1¢ was left as operating profit, 1¢ was left as net earnings.
What is Binah Capital Group's biggest business?
Variable annuities and other insurance commissions: $26.7M in the second quarter 2026, 57% of revenue, +9% from a year earlier.
What is Binah Capital Group's profit margin?
Net earnings were $337K, 0.7% of revenue, in the second quarter 2026; the operating margin was 0.9%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.