Cohen & Co.

Cohen & Co., Inc. engages in fixed income markets. It operates through the following segments: Capital Markets, Asset Management, and Principal Investing. The Capital Markets segment consists of fixed income sales, trading, matched book repo financing, and new issue placements in corporate and securitized products and advisory services, operating primarily through its subsidiaries. The Asset Management segment manages assets through investment vehicles, such as collateralized debt obligations, managed accounts, and investment funds. The Principal Investing segment includes investments that made for the purpose of earning an investment return. The company was founded in 1999 and is headquartered in Philadelphia, PA.

Earnings data Q1 2024

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Fourth Quarter Net Income Attributable to Cohen & Company Inc. of $4.5 Million, or $2.97 per Diluted Share

Cohen & Company Reports Fourth Quarter & Full Year 2023 Financial Results

NEW YORK and BOCA RATON, Fla., Jan. 22, 2024 (GLOBE NEWSWIRE) -- J.V.B. Financial Group, LLC (“JVB”), an indirect, controlled subsidiary of Cohen & Company Inc. (NYSE American: COHN), a financial services firm specializing in an expanding range of capital markets and asset management services, announced that George Holstead has joined as Managing Director and Head of the Middle Markets Group in JVB's Boca Raton office.

J.V.B. Financial Group, LLC Hires George Holstead to Expand Middle Markets Group

Ranked Leading Advisor in the De-SPAC Market for 2023 Well Positioned to Build on Momentum in 2024 Driven by Increased Deal Volume Announces Three New Appointments to Senior Leadership Team with Nearly 50 Years of Combined Experience Top Ranked Industry Advisory Teams Including #1 Bitcoin Banker by Hashrateindex MENLO PARK, Calif. and NEW YORK , Jan. 17, 2024 /PRNewswire/ -- Cohen & Company Capital Markets ("CCM" or "the firm"), a leading full-service boutique investment bank, with a focus on mergers and acquisitions (M&A), capital markets, and SPAC advisory, today highlighted the firm's accomplishments throughout a successful 2023 and announced three new hires to its growing senior leadership team.

Cohen & Company Capital Markets Highlights Strong 2023

PHILADELPHIA and NEW YORK, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN), a financial services firm specializing in an expanding range of capital markets and asset management services, today reported financial results for its third quarter ended September 30, 2023. Summary Operating Results         ($ in thousands) Three Months Ended       Nine Months Ended        9/30/23      6/30/23      9/30/22      9/30/23      9/30/22   Net trading $     7,491     $      7,416     $       7,966     $   23,117     $  30,365   Asset management 1,788     1,605     3,456     5,418     7,243   New issue and advisory 7,247     1,395     13,235     9,542     20,486   Principal transactions and other revenue 595     12,156     (1,192 )   10,440     (26,157 ) Total revenues 17,121     22,572     23,465     48,517     31,937   Compensation and benefits 15,219     10,001     15,227     35,757     41,320   Non-compensation operating expenses 6,006     5,572     5,390     17,348     15,809   Operating income (loss) (4,104 )   6,999     2,848     (4,588 )   (25,192 ) Interest expense, net (1,685 )   (1,630 )   (1,346 )   (4,907 )   (3,803 ) Income (loss) from equity method affiliates (702 )   (511 )   618     (1,608 )   (14,530 ) Income (loss) before income tax expense (benefit) (6,491 )   4,858     2,120     (11,103 )   (43,525 ) Income tax expense (benefit) (755 )   5,550     1,761     5,379     3,534   Net income (loss) (5,736 )   (692 )   359     (16,482 )   (47,059 ) Less: Net income (loss) attributable to the non-convertible non-controlling interest 1,936     6,503     (109 )   8,536     (18,980 ) Enterprise net income (loss) (7,672 )   (7,195 )   468     (25,018 )   (28,079 ) Less: Net income (loss) attributable to the convertible non-controlling interest (7,249 )   (594 )   1,387     (15,357 )   (17,691 ) Net income (loss) attributable to Cohen & Company Inc. $       (423 )   $    (6,601 )   $        (919 )   $    (9,661 )   $ (10,388 ) Fully diluted net income (loss) per share $      (0.28 )   $      (4.34 )   $       (0.64 )   $      (6.40 )   $     (7.33 )                               Adjusted pre-tax income (loss) $    (8,427 )   $    (1,645 )   $       2,229     $ (19,639 )   $ (24,545 ) Fully diluted adjusted pre-tax income (loss) per share $      (1.52 )   $      (0.30 )   $         0.41     $      (3.55 )   $     (4.49 ) Adjusted pre-tax income (loss) is not a measure recognized under U.S. generally accepted accounting principles (“GAAP”).

Cohen & Company Reports Third Quarter 2023 Financial Results

Leading M&A, Capital Markets, and SPAC Advisory Firm Hires New Senior Talent   MENLO PARK, Calif. and NEW YORK , Oct. 30, 2023 /PRNewswire/ -- Cohen & Company Capital Markets ("CCM") is pleased to announce the appointment of Gary Quin as Senior Advisor, who will lead CCM's efforts in Europe, the Middle East, and Africa (EMEA).

Cohen & Company Capital Markets Continues Strong Momentum, Appoints Gary Quin Senior Advisor, EMEA Investment Banking to Expand Global Reach

PHILADELPHIA and NEW YORK, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN), a financial services firm specializing in an expanding range of capital markets and asset management services, today reported financial results for its second quarter ended June 30, 2023. Summary Operating Results                       Three Months Ended   Six Months Ended ($ in thousands) 6/30/23   3/31/23   6/30/22   6/30/23   6/30/22                     Net trading $ 7,416     $ 8,210     $ 10,377     $ 15,626     $ 22,399   Asset management   1,605       2,025       1,898       3,630       3,787   New issue and advisory   1,395       900       3,481       2,295       7,251   Principal transactions and other revenue   12,156       (2,311 )     (6,602 )     9,845       (24,965 ) Total revenues   22,572       8,824       9,154       31,396       8,472   Compensation and benefits   10,001       10,537       12,214       20,538       26,093   Non-compensation operating expenses   5,572       5,770       5,102       11,342       10,419   Operating income   6,999       (7,483 )     (8,162 )     (484 )     (28,040 ) Interest expense, net   (1,630 )     (1,592 )     (1,106 )     (3,222 )     (2,457 ) Income (loss) from equity method affiliates   (511 )     (395 )     (3,044 )     (906 )     (15,148 ) Income (loss) before income tax expense (benefit)   4,858       (9,470 )     (12,312 )     (4,612 )     (45,645 ) Income tax expense (benefit)   5,550       584       (60 )     6,134       1,773   Net income (loss)   (692 )     (10,054 )     (12,252 )     (10,746 )     (47,418 ) Less: Net income (loss) attributable to the non-convertible non-controlling interest   6,503       97       (4,167 )     6,600       (18,871 ) Enterprise net income (loss)   (7,195 )     (10,151 )     (8,085 )     (17,346 )     (28,547 ) Less: Net income (loss) attributable to the convertible non-controlling interest   (594 )     (7,514 )     (6,228 )     (8,108 )     (19,078 ) Net income (loss) attributable to Cohen & Company Inc. $ (6,601 )   $ (2,637 )   $ (1,857 )   $ (9,238 )   $ (9,469 ) Fully diluted net income (loss) per share $ (4.34 )   $ (1.77 )   $ (1.53 )   $ (6.14 )   $ (6.71 )                     Adjusted pre-tax income (loss) $ (1,645 )   $ (9,567 )   $ (8,145 )   $ (11,212 )   $ (26,774 ) Fully diluted adjusted pre-tax income (loss) per share $ (0.30 )   $ (1.74 )   $ (1.51 )   $ (2.03 )   $ (4.91 )                       Adjusted pre-tax income (loss) is not a measure recognized under U.S. generally accepted accounting principles (“GAAP”).

Cohen & Company Reports Second Quarter 2023 Financial Results

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Cohen & Company Inc. (NYSE:COHN ) Q1 2023 Results Conference Call May 4, 2023 1:00 PM ET Company Participants Lester Brafman - CEO Joe Pooler - CFO Operator Good morning, ladies and gentlemen. Welcome to the Cohen & Company's First Quarter 2023 Earnings Call.

Cohen & Company Inc. (COHN) Q1 2023 Earnings Call Transcript

PHILADELPHIA and NEW YORK, May 04, 2023 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN), a financial services firm specializing in an expanding range of capital markets and asset management services, today reported financial results for its first quarter ended March 31, 2023. Summary Operating Results     Three Months Ended ($ in thousands)   3/31/23   12/31/22   3/31/22               Net trading   $ 8,210     $ 9,644     $ 12,022   Asset management     2,025       1,761       1,889   New issue and advisory     900       4,235       3,770   Principal transactions and other revenue     (2,311 )     (3,190 )     (18,363 ) Total revenues     8,824       12,450       (682 ) Compensation and benefits     10,537       8,970       13,879   Non-compensation operating expenses     5,770       6,251       5,317   Operating income     (7,483 )     (2,771 )     (19,878 ) Interest expense, net     (1,592 )     (1,179 )     (1,351 ) Income (loss) from equity method affiliates     (395 )     (6,401 )     (12,104 ) Income (loss) before income tax expense (benefit)     (9,470 )     (10,351 )     (33,333 ) Income tax expense (benefit)     584       1,260       1,833   Net income (loss)     (10,054 )     (11,611 )     (35,166 ) Less: Net income (loss) attributable to the non-convertible non-controlling interest     97       (4,223 )     (14,704 ) Enterprise net income (loss)     (10,151 )     (7,388 )     (20,462 ) Less: Net income (loss) attributable to the convertible non-controlling interest     (7,514 )     (4,387 )     (12,850 ) Net income (loss) attributable to Cohen & Company Inc.   $ (2,637 )   $ (3,001 )   $ (7,612 ) Fully diluted net income (loss) per share   $ (1.77 )   $ (2.10 )   $ (5.46 )               Adjusted pre-tax income (loss)   $ (9,567 )   $ (6,128 )   $ (18,629 ) Fully diluted adjusted pre-tax income (loss) per share   $ (1.74 )   $ (1.13 )   $ (3.35 )   Adjusted pre-tax income (loss) is not a measure recognized under U.S. generally accepted accounting principles (“GAAP”).

Cohen & Company Reports First Quarter 2023 Financial Results

PHILADELPHIA and NEW YORK, May 02, 2023 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN) will release its financial results for the first quarter 2023 on Thursday, May 4, 2023. The Company will host a conference call at 1:00 p.m. Eastern Time (ET) that day to discuss these results.

Cohen & Company Sets Release Date for First Quarter 2023 Financial Results

Board Declares Quarterly Dividend of $0.25 per Share Board Declares Quarterly Dividend of $0.25 per Share

Cohen & Company Reports Fourth Quarter & Full Year 2022 Financial Results

PHILADELPHIA and NEW YORK, March 03, 2023 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN) will release its financial results for the fourth quarter and full year 2022 on Tuesday, March 7, 2023. The Company will host a conference call at 10:00 a.m. Eastern Time (ET) that morning to discuss these results.

Cohen & Company Sets Release Date for Fourth Quarter & Full Year 2022 Financial Results

Leading M&A, Capital Markets, and SPAC Advisory Firm Promotes Five Senior Talents MENLO PARK, Calif. and NEW YORK , Jan. 19, 2023 /PRNewswire/ -- Cohen & Company Capital Markets ("CCM"), a leading full-service boutique investment bank with a focus on mergers and acquisitions (M&A), capital markets, and SPAC advisory, closed out a strong 2022.

Cohen & Company Capital Markets Continues Strong Growth Despite Tumultuous Capital Market Environment

Cohen & Company Inc. (NYSE:COHN ) Q3 2022 Earnings Conference Call November 2, 2022 10:00 AM ET Company Participants Lester Brafman - Chief Executive Officer Joe Pooler - Chief Financial Officer Conference Call Participants Operator Good morning, ladies and gentlemen, and welcome to Cowen's Third Quarter 2022 Earnings Conference Call. My name is Maria, and I'll be your operator for today.

Cohen & Company, Inc. (COHN) Q3 2022 Earnings Call Transcript

Cohen & Company Reports Third Quarter 2022 Financial Results

PHILADELPHIA and NEW YORK, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN) will release its financial results for the third quarter 2022 on Wednesday, November 2, 2022. The Company will host a conference call at 10:00 a.m. Eastern Time (ET) that morning to discuss these results.

Cohen & Company Sets Release Date for Third Quarter 2022 Financial Results

Cohen & Company, Inc. (NYSE:COHN ) Q2 2022 Earnings Conference Call August 3, 2022 10:00 AM ET Company Participants Lester Brafman - Chief Executive Officer Joe Pooler - Chief Financial Officer Conference Call Participants Operator Good morning, ladies and gentlemen and welcome to Cohen & Company's Second Quarter 2022 Earnings Call. My name is John, and I will be your operator for today.

Cohen & Company, Inc. (COHN) CEO Lester Brafman on Q2 2022 Results - Earnings Call Transcript

Cohen & Company Reports Second Quarter 2022 Financial Results

PHILADELPHIA and NEW YORK, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN) will release its financial results for the second quarter 2022 on Wednesday, August 3, 2022. The Company will host a conference call at 10:00 a.m. Eastern Time (ET) that morning to discuss these results.

Cohen & Company Sets Release Date for Second Quarter 2022 Financial Results

Cohen & Company, Inc. (NYSE:COHN ) Q1 2022 Results Conference Call May 5, 2022 10:00 AM ET Company Participants Lester Brafman - CEO Joe Pooler - CFO Conference Call Participants Operator Good morning, ladies and gentlemen, and welcome to Cohen & Company's First Quarter 2022 Earnings Call. My name is Terren, and I will be your operator for today.

Cohen & Company, Inc. (COHN) CEO Lester Brafman on Q1 2022 Results - Earnings Call Transcript

CORRECTION - Cohen & Company Reports First Quarter 2022 Financial Results

Cohen & Company Reports First Quarter 2022 Financial Results

PHILADELPHIA and NEW YORK, May 03, 2022 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN) will release its financial results for the first quarter 2022 on Thursday, May 5, 2022. The Company will host a conference call at 10:00 a.m. Eastern Time (ET) that morning to discuss these results.

Cohen & Company Sets Release Date for First Quarter 2022 Financial Results

Cohen & Company, Inc. (COHN) CEO Lester Brafman on Q4 2021 Results - Earnings Call Transcript

Board Declares Quarterly Dividend of $0.25 per Share and Special Dividend of $0.75 per Share

News for Cohen & Co. Stock (COHN)