BRC Group Holdings releases transcript of Q2 2026 earnings call
RILY•Debt maturities and capital allocation
CFO Scott Yessner flagged two 2026 senior note maturities: $142 million RILYN due Sept. 30 and $164 million RILYG due Dec. 31.
Management pointed to $724 million in securities and other investments, and $156 million in cash and restricted cash, and said the maturities are manageable.
Riley kept exchanges or equity offerings on the table; he said preferred dividend catch-up is deferred in favor of higher-return capital uses, and that there are no hedges on principal investments.
Q2 2026 earnings call transcript released
BRC Group Holdings’ transcript covered its Q2 2026 earnings call, attended by Chairman and Co-CEO Bryant Riley, Co-CEO Tom Kelleher, and CFO Scott Yessner.
Net income to common shareholders was $18.5 million; Operating Adjusted EBITDA was $66 million, described as the best core operating quarter in nearly three years.
