Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 2335

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 4
Chunk 2335
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087)  (2,463)
 Gains and losses   20,905   16,875   10,120 
             
 Interest income-trading inventory   4,375   4,250   2,888 
 Interest income-reverse repos   37,958   28,238   47,023 
 Interest income   42,333   32,488   49,911 
             
 Interest expense-repos   (34,496)  (25,072)  (31,021)
 Interest expense-margin payable   (3,852)  (6,267)  (2,680)
 Interest expense   (38,348)  (31,339)  (33,701)
             
 Other trading revenue   11,519   12,902   13,679 
             
 Net trading  $36,409  $30,926  $40,009 

   ﻿Trading inventory includes investments classified as investments-trading as well as trading securities sold, not yet purchased.  For discussion of margin payable, see note 6. Other trading revenue is primarily comprised of revenue earned on the Company's agency repo business. See note 11.

        F-
       22

   6. RECEIVABLES FROM AND PAYABLES TO BROKERS, DEALERS, AND CLEARING AGENCIES
   ﻿ 
   Amounts receivable from brokers, dealers, and clearing agencies consisted of the following.
   ﻿ 
   ﻿ 
   ﻿ 
    RECEIVABLES FROM BROKERS, DEALERS, AND CLEARING AGENCIES 
 (Dollars in Thousands) 

       December 31, 2024    December 31, 2023  
 Deposits with clearing agencies  $250  $250 
 Unsettled regular way trades, net   2,263   1,527 
 Receivable from clearing organizations   43,137   65,024 
 Receivables from brokers, dealers, and clearing agencies  $45,650  $66,801 

   ﻿ Amounts payable to brokers, dealers, and clearing agencies consisted of the following.
   ﻿ 
   ﻿ 
   ﻿ 
    PAYABLES TO BROKERS, DEALERS, AND CLEARING AGENCIES 
 (