Company: COHN
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001437749-25-014235
Chunk: 144

Company: Cohen & Co Inc.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 8
Chunk 144
---
 trading inventory  $4,228  $5,415 
 Net unrealized gains (losses) - trading inventory   625   966 
 Net gains and losses   4,853   6,381 
         
 Interest income- trading inventory   830   1,407 
 Interest income-reverse repos   9,541   7,879 
 Interest income   10,371   9,286 
         
 Interest expense-repos   (8,502)  (7,095)
 Interest expense-margin payable   (651)  (1,396)
 Interest expense   (9,153)  (8,491)
         
 Other trading revenue   3,140   2,672 
         
 Net trading  $9,211  $9,848 

    ﻿
   Trading inventory includes investments classified as investments-trading as well as trading securities sold, not yet purchased.  See note 7.  For discussion of margin payable, see note 6.  Other trading revenue includes revenue earned from our agency repo business (see note 10).
   ﻿  

       16

   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)

       March 31, 2025    December 31, 2024  
 Deposits with clearing agencies  $250  $250 
 Unsettled regular way trades, net   1,814   2,263 
 Receivables from clearing agencies   41,305   43,137 
 Receivables from brokers, dealers, and clearing agencies  $43,369  $45,650 

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

       March 31, 2025    December 31, 2024  
 Margin payable  $76,246  $66,655 
 Payables to