Company: COHN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437749-25-033482
Chunk: 4

Company: Cohen & Co Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 4
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2,040,052 shares issued and outstanding, respectively, including 295,008 and 404,791 unvested or restricted share awards, respectively   21   20 
 Additional paid-in capital   78,088   76,704 
 Accumulated other comprehensive loss   (915)  (1,007)
 Accumulated deficit   (29,381)  (34,016)
 Total stockholders' equity   47,840   41,728 
 Non-controlling interest   53,214   48,555 
 Total equity   101,054   90,283 
 Total liabilities and equity  $773,854  $971,149 

( 

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See accompanying notes to unaudited consolidated financial statements.

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      Table of Contents

COHEN & COMPANY INC. 

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) 

(Dollars in Thousands, except share or per share information) 

(Unaudited) 

      Three Months Ended September 30,    Nine Months Ended September 30,  
   2025    2024    2025    2024  
 Revenues                 
 Net trading  $13,560  $8,816  $33,528  $27,462 
 Asset management   1,948   2,147   6,136   6,942 
 New issue and advisory   228,008   22,459   298,658   53,347 
 Principal transactions and other income (loss)   (159,303)  (1,727)  (165,498)  (26,694)
 Total revenues   84,213   31,695   172,824   61,057 
                 
 Operating expenses                 
 Compensation and benefits   53,684   17,915   119,673   43,453 
 Business development, occupancy, equipment   2,041   1,567   5,858   4,599 
 Subscriptions, clearing, and execution   2,771   2,691   7,277   6,994 
 Professional fee and other operating   3,774   2,156   10,127