Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 2293

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 4
Chunk 2293
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 Total stockholders' equity   41,728   41,682 
 Non-controlling interest   48,555   50,115 
 Total equity   90,283   91,797 
 Total liabilities and equity  $971,149  $772,761 

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See accompanying notes to consolidated financial statements.

      F-3

COHEN & COMPANY INC. 

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME / (LOSS) 

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

      Year Ended December 31,  
   2024    2023    2022  
 Revenues             
 Net trading  $36,409  $30,926  $40,009 
 Asset management   9,009   7,337   9,004 
 New issue and advisory   63,422   28,264   24,721 
 Principal transactions and other income   (29,242)  16,454   (29,347)
 Total revenues   79,598   82,981   44,387 
             
 Operating expenses             
 Compensation and benefits   56,388   52,092   50,290 
 Business development, occupancy, equipment   6,617   5,204   5,076 
 Subscriptions, clearing, and execution   9,639   8,965   8,274 
 Professional fee and other operating   14,421   9,296   8,153 
 Depreciation and amortization   556   563   557 
 Total operating expenses   87,621   76,120   72,350 
             
 Operating income / (loss)   (8,023)  6,861   (27,963)
             
 Non-operating income / (expense)             
 Interest expense, net   (5,821)  (6,526)  (4,982)
 Income / (loss) from equity method affiliates   21,704   15,609   (20,931)
 Income / (loss) before income tax expense / (benefit)   7,860   15,944   (53,876)
 Income