COHN stock icon

Cohen & Co

8.68 USD
+0.10
1.17%
At close Oct 17, 4:00 PM EDT
1 day
1.17%
5 days
0.35%
1 month
-1.03%
3 months
0.81%
6 months
36.69%
Year to date
29.55%
1 year
35.41%
5 years
87.88%
 

About: Cohen & Co Inc is a United States company that delivers financial services in fixed-income markets. It is focused on small-cap banking institutions and has grown to provide an expanding range of capital markets and asset management services. It has three business segments. The Capital Markets segment, which is the key revenue driver, consists of fixed-income sales, trading, matched book repo financing, new issue placements in corporate and securitized products, and advisory services. The Asset Management segment manages assets within collateralized debt obligations, managed accounts, joint ventures, and investment funds. The Principal Investing segment is comprised of investments to earn return rather than to support trading, matched book repo, or other Capital Markets segment activities.

Employees: 118

0
Funds holding %
of 6,740 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

300% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 1

38% more funds holding

Funds holding: 8 [Q1] → 11 (+3) [Q2]

28% more capital invested

Capital invested by funds: $418K [Q1] → $535K (+$117K) [Q2]

0.1% more ownership

Funds ownership: 3.03% [Q1] → 3.13% (+0.1%) [Q2]

60% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 5

Research analyst outlook

We haven’t received any recent analyst ratings for COHN.

Financial journalist opinion

Neutral
GlobeNewsWire
2 months ago
Cohen & Company Reports Second Quarter 2024 Financial Results
PHILADELPHIA and NEW YORK, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN), a financial services firm specializing in an expanding range of capital markets and asset management services, today reported financial results for its second quarter ended June 30, 2024. Summary Operating Results       Three Months Ended   Six Months Ended ($ in thousands) 6/30/24   3/31/24   6/30/23   6/30/24   6/30/23                     Net trading $ 8,798     $ 9,848     $ 7,416     $ 18,646     $ 15,626   Asset management   2,078       2,717       1,605       4,795       3,630   New issue and advisory   6,500       24,388       1,395       30,888       2,295   Principal transactions and other revenue   (6,578 )     (18,389 )     12,156       (24,967 )     9,845   Total revenues   10,798       18,564       22,572       29,362       31,396                                           Compensation and benefits   10,699       14,839       10,001       25,538       20,538   Non-compensation operating expenses   6,466       7,100       5,572       13,566       11,342   Operating income (loss)   (6,367 )     (3,375 )     6,999       (9,742 )     (484 )                                         Interest expense, net   (1,425 )     (1,666 )     (1,630 )     (3,091 )     (3,222 ) Income (loss) from equity method affiliates   (5,996 )     29,045       (511 )     23,049       (906 ) Income (loss) before income tax expense (benefit)   (13,788 )     24,004       4,858       10,216       (4,612 )                                         Income tax expense (benefit)   (205 )     498       5,550       293       6,134   Net income (loss)   (13,583 )     23,506       (692 )     9,923       (10,746 ) Less: Net income (loss) attributable to the non-convertible non-controlling interest   (5,206 )     16,270       6,503       11,064       6,600   Enterprise net income (loss)   (8,377 )     7,236       (7,195 )     (1,141 )     (17,346 ) Less: Net income (loss) attributable to the convertible non-controlling interest   (6,028 )     5,213       (594 )     (815 )     (8,108 ) Net income (loss) attributable to Cohen & Company Inc. $ (2,349 )   $ 2,023     $ (6,601 )   $ (326 )   $ (9,238 ) Fully diluted net income (loss) per share $ (1.47 )   $ 1.28     $ (4.34 )   $ (0.20 )   $ (6.14 )                     Adjusted pre-tax income (loss) (1) $ (8,582 )   $ 7,734     $ (1,645 )   $ (848 )   $ (11,212 ) Fully diluted adjusted pre-tax income (loss) per share $ (1.51 )   $ 1.37     $ (0.30 )   $ (0.15 )   $ (2.03 )                                         (1)   Adjusted pre-tax income (loss) is not a measure recognized under U.S. generally accepted accounting principles (“GAAP”).
Cohen & Company Reports Second Quarter 2024 Financial Results
Neutral
GlobeNewsWire
5 months ago
Cohen & Company Reports First Quarter 2024 Financial Results
Net Income Attributable to Cohen & Company Inc. of $2.0 Million, or $1.28 per Diluted Share Adjusted Pre-Tax income of $7.7 Million, or $1.37 per Diluted Share Board Declares Quarterly Dividend of $0.25 per Share PHILADELPHIA and NEW YORK, May 06, 2024 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN), a financial services firm specializing in an expanding range of capital markets and asset management services, today reported financial results for its first quarter ended March 31, 2024. Summary Operating Results     Three Months Ended ($ in thousands) 3/31/24   12/31/23   3/31/23             Net trading $ 9,848     $ 7,809     $ 8,210   Asset management   2,717       1,919       2,025   New issue and advisory   24,388       18,722       900   Principal transactions and other revenue   (18,389 )     6,014       (2,311 ) Total revenues   18,564       34,464       8,824   Compensation and benefits   14,839       16,335       10,537   Non-compensation operating expenses   7,100       6,680       5,770   Goodwill impairment   -       -       -   Operating income (loss)   (3,375 )     11,449       (7,483 ) Interest expense, net   (1,666 )     (1,619 )     (1,592 ) Other non-operating income   -       -       -   Income (loss) from equity method affiliates   29,045       17,217       (395 ) Income (loss) before income tax expense (benefit)   24,004       27,047       (9,470 ) Income tax expense (benefit)   498       166       584   Net income (loss)   23,506       26,881       (10,054 ) Less: Net income (loss) attributable to the non-convertible non-controlling interest   16,270       11,054       97   Enterprise net income (loss)   7,236       15,827       (10,151 ) Less: Net income (loss) attributable to the convertible non-controlling interest   5,213       11,279       (7,514 ) Net income (loss) attributable to Cohen & Company Inc. $ 2,023     $ 4,548     $ (2,637 ) Fully diluted net income (loss) per share $ 1.28     $ 2.97     $ (1.77 )             Adjusted pre-tax income (loss) (1) $ 7,734     $ 15,993     $ (9,567 ) Fully diluted adjusted pre-tax income (loss) per share $ 1.37     $ 2.88     $ (1.74 )             (1)   Adjusted pre-tax income (loss) is not a measure recognized under U.S. generally accepted accounting principles (“GAAP”).
Cohen & Company Reports First Quarter 2024 Financial Results
Charts implemented using Lightweight Charts™