Company: COHN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437749-25-033482
Chunk: 3

Company: Cohen & Co Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 3
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COHEN & COMPANY INC. 

CONSOLIDATED BALANCE SHEETS 

(Dollars in Thousands) 

      September 30, 2025      
   (unaudited)    December 31, 2024  
 Assets         
 Cash and cash equivalents  $54,688  $19,590 
 Receivables from brokers, dealers, and clearing agencies   43,576   45,650 
 Due from related parties   1,236   941 
 Other receivables   8,454   6,526 
 Investments-trading   152,109   148,332 
 Other investments, at fair value   64,361   35,262 
 Receivables under resale agreements   414,710   668,259 
 Investments in equity method affiliates   11,752   23,430 
 Deferred income taxes   1,338   2,257 
 Goodwill   109   109 
 Right-of-use asset - operating leases   15,830   15,540 
 Other assets   5,691   5,253 
 Total assets  $773,854  $971,149 
         
 Liabilities         
 Payables to brokers, dealers, and clearing agencies  $33,844  $66,655 
 Accounts payable and other liabilities   10,371   10,913 
 Accrued compensation   85,988   17,770 
 Lease liability - operating leases   17,368   16,575 
 Trading securities sold, not yet purchased   35,390   36,432 
 Other investments sold, not yet purchased, at fair value   65   1,651 
 Securities sold under agreements to repurchase   457,058   695,966 
 Debt   32,716   34,904 
 Total liabilities   672,800   880,866 
         
 Commitments and contingencies (See note 20)         
         
 Stockholders' Equity:         
 Voting Non-Convertible Preferred Stock, $0.001 par value per share, 50,000,000 shares authorized, 27,413,098 shares issued and outstanding   27   27 
 Common Stock, $0.01 par value per share, 100,000,000 shares authorized, 2,035,863 and