Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 337

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 1
Chunk 337
---
     15,944

     (8,084
     )

     (51
     )%

      Income tax expense / (benefit) 

     (329
     )

     5,545

     5,874

     106
     %

      Net income / (loss) 

     8,189

     10,399

     (2,210
     )

     (21
     )%

      Less: Net income (loss) attributable to the non-convertible non-controlling interest 

     8,675

     19,590

     10,915

     56
     %

      Enterprise net income (loss) 

     (486
     )

     (9,191
     )

     8,705

     95
     %

      Less: Net income (loss) attributable to the convertible non-controlling interest 

     (357
     )

     (4,078
     )

     (3,721
     )

     (91
     )%

      Net income / (loss) attributable to Cohen & Company Inc. 
      
     $
     (129
     )
      
     $
     (5,113
     )
      
     $
     4,984

     97
     %

﻿ 

Revenues 

﻿ 

Revenues decreased by $3,383, or 4%, to $79,598 for the year ended December 31, 2024, as compared to $82,981 for the year ended December 31, 2023. As discussed in more detail below, the change was comprised of (i) an increase of $5,483 in net trading revenue; (ii) an increase of $1,672 in asset management revenue; (iii) an increase of $35,158 in new issue and advisory revenue; and (iv) a decrease of $45,696 in principal transactions and other income.

﻿   

      43

Net Trading 

﻿ 

Net trading revenue increased by $5,483, or 18%, to $36,409 for the year ended December 31, 2024, as compared to $30,926 for the year ended December 31, 2023.  The following table shows the detail by trading group.

﻿

      NET TRADING 

      (Dollars in Thousands) 

      Year Ended December 31