The earnings call highlighted several strategic advancements including positive earnings per share, strategic acquisitions, and improved operating expenses. However, the flat growth in the loan portfolio and impact of nonaccrual loans presented challenges. Overall, the positive developments and strategic moves are promising, but there are notable financial challenges that need to be addressed.

Company Guidance

During the Beneficient Third Quarter Fiscal 2025 earnings call, several key metrics and developments were highlighted. The company reported fiscal year-to-date earnings per share of $10.30 and $0.12 on a fully diluted basis as of December 31, 2024. Investments held a fair value of $334.3 million, while Ben Liquidity and Ben Custody segments generated revenues of $4.4 million and $23.0 million, respectively, for the quarter. Operating expenses decreased by 38% to $13.9 million, compared to the same quarter in the previous year. A significant transaction was the proposed acquisition of Mercantile Bank International Corp. for $1.5 million, which is expected to enhance Ben's custody services. Additionally, the company announced a $1.4 million primary capital commitment and increased its permanent equity by $35 million. The call emphasized the strategic restructuring of the company's liquidation priority to enhance shareholder value, which contributed to a pro forma tangible book value of $9.2 million attributable to Ben's public shareholders.

Positive Earnings Per Share

Beneficient reported $10.30 of basic earnings per share and $0.12 of fully diluted earnings per share as of December 31, 2024.

Strategic Acquisition of Mercantile Bank

Beneficient entered into an agreement to acquire Mercantile Bank International Corp., which is expected to enhance custody services and generate additional cash flow.

Strengthened Capital Structure

Permanent equity improved from a deficit of $148.3 million to a positive $14.3 million through redesignation of preferred equity and additional capital transactions.

New Board Members with Digital Asset Expertise

The addition of Karen Wendel to the Board brings expertise in digital asset markets, technology M&A, and cybersecurity.

Improved Operating Expenses

Operating expenses declined 38% to $13.9 million in Q3 2025 compared to the same period in 2024, excluding noncash goodwill impairment.

Beneficient (BENF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

BENF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 12, 2025	2026 (Q2)	-0.25 / -	0.03	―	―	―
Aug 13, 2025	2026 (Q1)	- / -	-1.16	―	―	―
Jul 15, 2025	2025 (Q4)	-0.26 / -0.26	-1.16	77.59% (+0.90)	―	―
Feb 13, 2025	2025 (Q3)	-0.38 / -1.32	-158.26	99.17% (+156.94)	―
Nov 14, 2024	2025 (Q2)	-0.29 / 0.03	-115.769	100.03% (+115.80)	―
Aug 14, 2024	2025 (Q1)	- / -	-438.966	―	―
Jul 09, 2024	2024 (Q4)	- / -1.16	-438.966	99.74% (+437.81)	―	―
Feb 13, 2024	2024 (Q3)	- / -158.26	3.489	-4635.97% (-161.75)	―
Nov 13, 2023	2024 (Q2)	- / -115.77	0.616	-18893.67% (-116.39)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

BENF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 13, 2025	$0.30	$0.32	+6.67%
Jul 15, 2025	$0.30	$0.30	0.00%
Feb 13, 2025	$0.64	$0.55	-14.06%
Nov 14, 2024	$1.25	$1.20	-4.00%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Beneficient (BENF) report earnings?

Beneficient (BENF) is schdueled to report earning on Nov 12, 2025, After Close (Confirmed).

What is Beneficient (BENF) earnings time?

Beneficient (BENF) earnings time is at Nov 12, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is BENF EPS forecast?

BENF EPS forecast for the fiscal quarter 2026 (Q2) is -0.25.

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