Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 1264

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 1A
Chunk 1264
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 1%, to $556 for the year ended December 31, 2024, as compared to $563 for the year ended December 31, 2023.

Non-Operating Income and Expense 

Interest Expense, net 

﻿ 

Interest expense, net decreased by $705 to $5,821 for the year ended December 31, 2024, as compared to $6,526 for the year ended December 31, 2023.

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﻿ 

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      INTEREST EXPENSE 

      (Dollars in Thousands) 

      Year Ended December 31, 

      2024 

      2023 

      Change 

      Junior subordinated notes 
      
     $
     4,695

     $
     5,247

     $
     (552
     )

      2020/2024 Notes 

     740

     450

     290

      Byline Bank 

     76

     338

     (262
     )

      Redeemable Financial Instrument - JKD Capital Partners I LTD 

     310

     491

     (181
     )

     $
     5,821

     $
     6,526

     $
     (705
     )

 See notes 19 and 20 to our consolidated financial statements included in this Annual Report on Form 10-K for additional information regarding our redeemable financial instruments and debt.

      49

Income / (Loss) from Equity Method Affiliates 

Income / (loss) from equity method affiliates increased by $6,095 to $21,704 for the year ended December 31, 2024, as compared to $15,609 for the year ended December 31, 2023.  See note 12 to our consolidated financial statements included in this Annual Report on Form 10-K.

      Year Ended December 31, 

      2024 

      2023 

      Change 

      SPAC Sponsor Entities 
      
     $
     22,463

     $
     15,275

     $
     7,188

      Dutch Real Estate Entities 

     (759
     )

     334

     (1,093
     )

     $
     21,704

     $
     15,609

     $
     6,095

SPAC sponsor entities includes both indirect and direct investments in