Company: COHN
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001437749-25-024506
Chunk: 275

Company: Cohen & Co Inc.
Filing Date: 2025-08-04
Form: 10-Q
Item: Item 8
Chunk 275
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      Income tax expense / (benefit) 

     914

     (4
     )

     910

      Net income / (loss) after tax 

     5,562

     4

     5,566

      Other consolidated subsidiary non-controlling interest 

     (314
     )

      Net income / (loss) attributable to the Operating LLC 

     5,876

      Average effective Operating LLC non-controlling interest % (1) 

     70.51
     %

      Convertible non-controlling interest 
      
     $
     4,143

SUMMARY CALCULATION OF NON-CONTROLLING INTEREST

For the Six Months Ended June 30, 2024

      Total Operating LLC 

      Cohen & 

      Consolidated 

      Company Inc. 

      Consolidated 

      Net income / (loss) before tax 
      
     $
     10,216

     $
     -

     $
     10,216

      Income tax expense / (benefit) 

     289

     4

     293

      Net income / (loss) after tax 

     9,927

     (4
     )

     9,923

      Other consolidated subsidiary non-controlling interest 

     11,064

      Net income / (loss) attributable to the Operating LLC 

     (1,137
     )

      Average 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. 

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       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