Company: COHN
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001437749-25-024506
Chunk: 117

Company: Cohen & Co Inc.
Filing Date: 2025-08-04
Form: 10-Q
Item: Item 1
Chunk 117
---
 effective Operating LLC non-controlling interest % (1) 

     71.68
     %

      Operating LLC non-controlling interest 
      
     $
     (815
     )

      (1) 
      Non-controlling interest is recorded on a quarterly basis. Because earnings are recognized unevenly throughout the year and the non-controlling interest percentage may change during the period, the average effective non-controlling interest percentage may not equal the percentage at the end of any period or the simple average of the beginning and ending percentages. 

﻿ 

       72

Three Months Ended June 30, 2025 Compared to the Three Months Ended June 30, 2024

The following table sets forth information regarding our consolidated results of operations for the three months ended June 30, 2025 and 2024. 

COHEN & COMPANY INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited) 

      Three Months Ended June 30, 

      Favorable / (Unfavorable) 

      2025 

      2024 

      $ Change 

      % Change 

      Revenues 

      Net trading 
      
     $
     10,757

     $
     8,798

     $
     1,959

     22
     %

      Asset management 

     2,168

     2,078

     90

     4
     %

      New issue and advisory 

     37,411

     6,500

     30,911

     476
     %

      Principal transactions and other income (loss) 

     9,535

     (6,578
     )

     16,113

     245
     %

      Total revenues 

     59,871

     10,798

     49,073

     454
     %

      Operating expenses 

      Compensation and benefits 

     44,323

     10,699

     (33,624
     )

     (314
     %)

      Business development, occupancy, equipment 

     1,988

     1,591

     (397
     )

     (25
     %)

      Subscriptions, clearing, and execution 

     2,332

     2,217

     (115
     )

     (5
     %)

      Professional fee and other operating 

     3,561

     2,