Cohen & Co
COHN

$9.76

3.21%

Market Cap: 18.8M

About: Cohen & Co Inc is a United States company that delivers financial services in fixed-income markets. It is focused on small-cap banking institutions and has grown to provide an expanding range of capital markets and asset management services. It has three business segments. The Capital Markets segment, which is the key revenue driver, consists of fixed-income sales, trading, matched book repo financing, new issue placements in corporate and securitized products, and advisory services. The Asset Management segment manages assets within collateralized debt obligations, managed accounts, joint ventures, and investment funds. The Principal Investing segment is comprised of investments to earn return rather than to support trading, matched book repo, or other Capital Markets segment activities.

Employees: 118

Financials Security Brokers, Dealers & Flotation Companies

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

64% more capital invested

Capital invested by funds: $253K [Q4 2023] → $416K (+$163K) [Q1 2024]

0.92% more ownership

Funds ownership: 2.09% [Q4 2023] → 3.02% (+0.92%) [Q1 2024]

0% more funds holding

Funds holding: 8 [Q4 2023] → 8 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 2

33% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 3

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Research analyst outlook

We haven’t received any recent analyst ratings for COHN.

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Financial journalist opinion

Cohen & Company Inc. (COHN) Q1 2024 Earnings Call Transcript

Cohen & Company Inc. (NYSE:COHN ) Q1 2024 Earnings Conference Call May 6, 2024 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 the Cohen & Company's First Quarter 2024 Earnings Call. My name is Maria and I will be your operator for today.

Cohen & Company Inc. (COHN) Q1 2024 Earnings Call Transcript

Cohen & Company Reports First Quarter 2024 Financial Results

Net Income Attributable to Cohen & Company Inc. of $2.0 Million, or $1.28 per Diluted Share Adjusted Pre-Tax income of $7.7 Million, or $1.37 per Diluted Share Board Declares Quarterly Dividend of $0.25 per Share PHILADELPHIA and NEW YORK, May 06, 2024 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN), a financial services firm specializing in an expanding range of capital markets and asset management services, today reported financial results for its first quarter ended March 31, 2024. Summary Operating Results Three Months Ended ($ in thousands) 3/31/24 12/31/23 3/31/23 Net trading $ 9,848 $ 7,809 $ 8,210 Asset management 2,717 1,919 2,025 New issue and advisory 24,388 18,722 900 Principal transactions and other revenue (18,389 ) 6,014 (2,311 ) Total revenues 18,564 34,464 8,824 Compensation and benefits 14,839 16,335 10,537 Non-compensation operating expenses 7,100 6,680 5,770 Goodwill impairment - - - Operating income (loss) (3,375 ) 11,449 (7,483 ) Interest expense, net (1,666 ) (1,619 ) (1,592 ) Other non-operating income - - - Income (loss) from equity method affiliates 29,045 17,217 (395 ) Income (loss) before income tax expense (benefit) 24,004 27,047 (9,470 ) Income tax expense (benefit) 498 166 584 Net income (loss) 23,506 26,881 (10,054 ) Less: Net income (loss) attributable to the non-convertible non-controlling interest 16,270 11,054 97 Enterprise net income (loss) 7,236 15,827 (10,151 ) Less: Net income (loss) attributable to the convertible non-controlling interest 5,213 11,279 (7,514 ) Net income (loss) attributable to Cohen & Company Inc. $ 2,023 $ 4,548 $ (2,637 ) Fully diluted net income (loss) per share $ 1.28 $ 2.97 $ (1.77 ) Adjusted pre-tax income (loss) (1) $ 7,734 $ 15,993 $ (9,567 ) Fully diluted adjusted pre-tax income (loss) per share $ 1.37 $ 2.88 $ (1.74 ) (1) Adjusted pre-tax income (loss) is not a measure recognized under U.S. generally accepted accounting principles (“GAAP”).

Cohen & Company Reports First Quarter 2024 Financial Results

Cohen & Company Sets Release Date for First Quarter 2024 Financial Results

PHILADELPHIA and NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN) will release its financial results for the first quarter 2024 on Monday, May 6, 2024. The Company will host a conference call at 10:00 a.m. Eastern Time (ET) that day to discuss these results.

Cohen & Company Sets Release Date for First Quarter 2024 Financial Results

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

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

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

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

Cohen & Company Capital Markets Highlights Strong 2023

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

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