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BCG — Binah Capital News Story

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Binah Capital soars after posting Q3 profit

** Wealth management firm Binah Capital's BCG.O shares jump 32% to $1.88

** Late Thursday, BCG reported Q3 profit of ~$1.8 million vs a net loss of $1.2 million a year earlier

** Total revenue grew 9.5% to $46.2 million in the quarter ended September 30 as assets under management jumped 11%

** Last year, Wentworth Management Services combined with Kingswood Acquisition Corp to form Binah Capital

** As of last close, BCG stock down 51.5% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))

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