Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 1186

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 1A
Chunk 1186
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You should carefully consider the risks and uncertainties described below and elsewhere in this Annual Report on Form 10-K. If any of these risks actually occur, our business, financial condition, liquidity and results of operations could be adversely affected. The risks and uncertainties described below constitute all of the material risks of the Company of which we are currently aware; however, the risks and uncertainties described below may not be the only risks the Company will face. Additional risks and uncertainties of which we are presently unaware, or that we do not currently deem to be material, may become important factors that affect us and could materially and adversely affect our business, financial condition, results of operations and the trading price of our securities. Investing in the Company’s securities involves risk and the following risk factors, together with the other information contained in this report and the other reports and documents filed by us with the SEC, including Forms ADV filed by CCFM and DCM, should be considered carefully.

Summary of Risk Factors

The following summary highlights some of the principal risks that could adversely affect our business, financial condition or results of operations. This summary is not complete and the risks summarized below are not the only risks we face. 

Risks Related to Our Business and Our Industry:

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      Difficult market conditions have adversely affected our business and may continue to do so. 

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      Economic slowdown, market volatility, a recession and increasing interest rates may impair investments and operating results. 

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      We may experience write downs of financial instruments and other losses due to the volatile and illiquid market conditions. 

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      We have incurred losses for certain periods covered by this report and in the recent past and may incur losses in the future. 

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      Continued difficulties in our Capital Markets segment due to intense competition has resulted in significant strain on our administrative, operational and financial resources and these difficulties may continue in the future. 

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      Our gestation repo business serves a narrow market and is likely subject to highly volatile demand. 

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      Our mortgage group’s revenue is highly dependent on the U.S. housing market, generally. 

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      Our Capital Markets segment depends significantly on a limited group of customers. 

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     Underwriting activities expose us to risk.  

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      Failure to retain senior management and qualified personnel may result in our not being able to execute our business strategy. 

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      Payment of severance could strain our cash flow. 

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