Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 959

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 15
Chunk 959
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 had no outstanding foreign currency forward contracts. 
    
   ﻿The following table presents the Company’s derivative financial instruments and the amount and location of the fair value (unrealized gain / (loss)) presented in the consolidated balance sheets as of  December 31, 2024 and 2023. 
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      DERIVATIVE FINANCIAL INSTRUMENTS-BALANCE SHEET INFORMATION 
 (Dollars in Thousands) 

     Derivative Financial Instruments Not Designated as Hedging Instruments Under ASC 815   Balance Sheet Classification   December 31, 2024    December 31, 2023  
 TBAs and other forward agency MBS   Investments-trading  $4,836  $7,470 
 TBAs and other forward agency MBS   Trading securities sold, not yet purchased   (4,050)  (6,719)
 Equity derivatives   Other investments, at fair value   73   1,447 
 Share forward liabilities   Other investments sold, not yet purchased, at fair value   (470)  (24,645)
    $389  $(22,447)

        F-
       33

   The following table presents the Company’s derivative financial instruments and the amount and location of the net gain (loss) recognized in the consolidated statement of operations. 
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    DERIVATIVE FINANCIAL INSTRUMENTS-STATEMENT OF OPERATIONS INFORMATION 
 (Dollars in Thousands) 

        For the Year Ended December 31,  
 Derivative Financial Instruments Not Designated as Hedging Instruments Under ASC 815  Income Statement Classification   2024    2023    2022  
 TBAs and other forward agency MBS  Revenues-net trading  $5,230  $3,933  $8,883 
 Equity derivatives  Principal transactions and other income (loss)   -   603   - 
 Share forward liabilities  Principal transactions and other income (loss)   22,871   108,084   - 
   $28,101  $112,620  $8,883 

     The share forward liabilities offset certain long positions included as a component of other investments, at fair value.  The offsetting long positions had income / (loss) of (
    $20,