Company: COHN
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001437749-25-024506
Chunk: 3

Company: Cohen & Co Inc.
Filing Date: 2025-08-04
Form: 10-Q
Item: Item 1
Chunk 3
---
COHEN & COMPANY INC. 

CONSOLIDATED BALANCE SHEETS 

(Dollars in Thousands) 

      June 30, 2025      
   (unaudited)    December 31, 2024  
 Assets         
 Cash and cash equivalents  $25,996  $19,590 
 Receivables from brokers, dealers, and clearing agencies   36,011   45,650 
 Due from related parties   1,289   941 
 Other receivables   9,432   6,526 
 Investments-trading   170,955   148,332 
 Other investments, at fair value   50,575   35,262 
 Receivables under resale agreements   790,874   668,259 
 Investments in equity method affiliates   24,681   23,430 
 Deferred income taxes   1,774   2,257 
 Goodwill   109   109 
 Right-of-use asset - operating leases   14,833   15,540 
 Other assets   5,121   5,253 
 Total assets  $1,131,650  $971,149 
         
 Liabilities         
 Payables to brokers, dealers, and clearing agencies  $79,742  $66,655 
 Accounts payable and other liabilities   8,373   10,913 
 Accrued compensation   48,750   17,770 
 Lease liability - operating leases   16,322   16,575 
 Trading securities sold, not yet purchased   37,160   36,432 
 Other investments sold, not yet purchased, at fair value   -   1,651 
 Securities sold under agreements to repurchase   816,290   695,966 
 Debt   32,555   34,904 
 Total liabilities   1,039,192   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