Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 536

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 1
Chunk 536
---
 See note 5. Indirect expenses (such as general and administrative expenses including executive and indirect overhead costs) not directly associated with specific business segments are not allocated to the business segments’ statements of operations.  See (1) below.
    
   Beginning in 2024 annual reporting, the Company adopted ASU 2023-07 retrospectively. The following table sets forth our segment information of revenue, expenses, and income (loss) from operations.﻿ 
    
   ﻿ 
   ﻿ 
   ﻿ 
    SEGMENT INFORMATION 
 Statement of Operations Information 
 For the Year Ended  December 31, 2024 
 (Dollars in Thousands) 

       Capital    Asset    Principal    Segment         
   Markets    Management    Investing    Total    Unallocated (1)    Total  
 Net trading  $36,409  $-  $-  $36,409  $-  $36,409 
 Asset management   -   9,009   -   9,009   -   9,009 
 New issue and advisory   63,422   -   -   63,422   -   63,422 
 Principal transactions   (22,644)  -   (10,240)  (32,884)  -   (32,884)
 Other income   10   2,615   1,017   3,642   -   3,642 
 Total revenues   77,197   11,624   (9,223)  79,598   -   79,598 
 Compensation   42,536   6,059   1,648   50,243   1,477   51,720 
 Stock based compensation   575   144   -   719   3,949   4,668 
 Business development   1,377   250   14   1,641   641   2,282 
 Occupancy and equipment   2,976   213   -   3,189   1,146   4,335 
 Subscriptions, clearing, and execution   8,893   368   170   9,431   208   9,639