Cohen Company Stock Price, News & Analysis

Cohen & Company Capital Markets (CCM) announces significant growth in 2022, achieving over $18 billion in M&A volume and nearly $5 billion in capital raised, including $1.6 billion from PIPEs since its inception in 2021. The firm promoted five senior talents to bolster its investment banking team amidst a challenging capital markets environment. Despite the volatility leading to a 95% decline in IPO volumes and significant drops in credit issuance, CCM emerged as a leader in the DeSPAC market, advising notable transactions totaling $7,409 million. Looking ahead, CCM anticipates further M&A activity and a potential resurgence in the IPO market.

Cohen & Company Inc. (COHN) reported a net loss of $0.9 million for Q3 2022, or $0.64 per diluted share. Total revenues increased to $23.5 million, up from $9.2 million in the previous quarter, driven by a significant rise in new issue and advisory revenue. The board declared a quarterly dividend of $0.25 per share, payable on December 2, 2022. Adjusted pre-tax income was $2.2 million, a recovery from an adjusted pre-tax loss of $8.1 million in Q2 2022. The firm continues to navigate market challenges while focusing on strategic objectives for future revenue growth.

Cohen & Company Inc. (NYSE American: COHN) will release its third quarter 2022 financial results on November 2, 2022. A conference call is scheduled for 10:00 a.m. ET, accessible via webcast on the company’s homepage. As of September 30, 2022, Cohen & Company managed approximately $2.2 billion in fixed income assets, with 53.8% in collateralized debt obligations. The company continues to expand its services within the fixed income and SPAC markets.

Cohen & Company Inc. (NYSE American: COHN) reported a net loss of $1.9 million for Q2 2022, down from a loss of $7.6 million in Q1. Revenues reached $9.2 million, reversing a negative revenue trend in the previous quarter. Net trading revenue decreased to $10.4 million, while asset management remained stable at $1.9 million. The firm declared a quarterly dividend of $0.25 per share, payable on September 1, 2022. Total equity fell to $106 million, down from $151.4 million in December 2021. The CEO acknowledged market challenges and ongoing strategic efforts.

Cohen & Company Inc. (COHN) will announce its financial results for Q2 2022 on August 3, 2022. A conference call is scheduled for 10:00 a.m. ET to discuss these results, accessible via webcast on the company's website. Founded in 1999, Cohen & Company specializes in fixed income and SPAC markets, managing approximately $2.2 billion in assets as of June 30, 2022. The company's services span capital markets, asset management, and principal investing, focusing on sectors like fintech and SPAC advisory.

Cohen & Company (NYSE American: COHN) reported a net loss of $7.6 million for Q1 2022, translating to a diluted loss per share of $5.46. This contrasts with a net income of $4.2 million in the previous quarter. Adjusted pre-tax loss was $18.6 million, significantly down from an adjusted pre-tax income of $6.4 million in Q4 2021. Total revenues were negative $0.7 million, a stark decline from $27.0 million in the prior quarter. The Board declared a quarterly dividend of $0.25 per share, payable on June 3, 2022, indicating continued commitment to shareholder returns amid challenging market conditions.

Cohen & Company reported a net loss of $7.6 million, or $5.46 per diluted share, for Q1 2022. This contrasts sharply with a net income of $4.2 million in Q4 2021 and $9.4 million in Q1 2021. Overall revenue was - $0.7 million, down from $27 million the previous quarter and $102.7 million last year, impacted by significant mark-to-market adjustments. Despite these challenges, the firm declared a quarterly dividend of $0.25 per share. The CEO expressed confidence in ongoing strategic initiatives amid current market volatility.

Cohen & Company (NYSE American: COHN) will announce its Q1 2022 financial results on May 5, 2022. A conference call to discuss these results is scheduled for 10:00 a.m. ET.

The call will be accessible via webcast on the Company’s website. Participants can join by calling (888) 428-7458 or (862) 298-0702 for international listeners. A replay will be available for three days following the call.

Cohen & Company Inc. (COHN) reported a fourth-quarter net income of $3.6 million or $2.13 per diluted share, a recovery from a net loss of $3.4 million in the prior quarter. Full-year net income totaled $11.3 million or $7.48 per diluted share. The company declared a regular quarterly dividend of $0.25 and a special dividend of $0.75, reflecting strong operating results. Adjusted pre-tax income for Q4 was $6.4 million or $1.23 per diluted share, showing significant recovery from a loss of $14.9 million in the previous quarter.