Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 1508

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 1B
Chunk 1508
---
     (25,063
     )

     39,035

     13,972

     (3,573
     )

     10,399

      Other consolidated subsidiary non-controlling interest 

     19,590

     19,590

      Net income / (loss) attributable to the Operating LLC 

     (25,063
     )

     19,445

     (5,618
     )

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

     72.59
     %

      Operating LLC non-controlling interest 

     $
     (4,078
     )

      ﻿ 

      Summary 

      Other consolidated subsidiary non-controlling interest 

     $
     19,590

      Operating LLC non-controlling interest 

     (4,078
     )

     $
     15,512

      (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.   

﻿   

      52

Year Ended December 31, 2023 Compared to the Year Ended December 31, 2022

﻿ 

The following table sets forth information regarding our consolidated results of operations for the years ended December 31, 2023 and 2022.

﻿ 

      COHEN & COMPANY INC. 

      CONSOLIDATED STATEMENTS OF OPERATIONS 

      (Dollars in Thousands) 

      Year Ended December 31, 

      Favorable / (Unfavorable) 

      2023 

      2022 

      $ Change 

      % Change 

      Revenues 

      Net trading 
      
     $
     30,926

     $
     40,009

     $
     (9,083
     )

     (23
     )%

      Asset management 

     7,337

     9,004

     (1,667
     )

     (19
     )%

      New issue and advisory 

     28,264

     24,721

     3,543

     14
     %

      Principal transactions and other income 

     16,454

     (29,347
     )

     45,801

     (156