Cohen Company Stock Price, News & Analysis

Cohen & Company reported a net loss of $3.4 million, or $(3.46) per diluted share, in Q3 2021, a significant decline from a net income of $1.7 million in Q2 2021. Total revenues dropped 34.5% year-over-year to $6.6 million, primarily due to a $20.7 million loss in principal transactions linked to significant mark-to-market adjustments. However, new issue and advisory revenue surged to $8.8 million, bolstered by the new investment banking platform. The Board declared a dividend of $0.25 per share, underscoring a commitment to shareholder returns.

Cohen & Company (NYSE American: COHN) will announce its third quarter 2021 financial results on November 2, 2021, with a conference call scheduled for 10:00 a.m. ET. The call can be accessed via webcast or through direct dial-in methods. As of September 30, 2021, the company managed approximately $2.2 billion in fixed income assets, with 55.7% in collateralized debt obligations. Founded in 1999, Cohen & Company specializes in fixed income and SPAC markets, operating through segments including Capital Markets and Asset Management.

Cohen & Company Inc. (NYSE American: COHN) reported a net income of $1.7 million, or $1.21 per diluted share for Q2 2021, down from $9.4 million in Q1 2021. Adjusted pre-tax income was $3.7 million, significantly lower than $37.6 million in the prior quarter. Revenues dropped to $10.1 million, a decrease of $92.6 million from Q1 and $14.1 million year-over-year, primarily due to a $90.6 million decline in principal transactions. The Company declared a quarterly cash dividend of $0.25 per share. Total equity increased to $126.4 million, up from $101.4 million at year-end.

Cohen & Company Inc. (NYSE American: COHN) is set to release its financial results for Q2 2021 on July 29, 2021. A conference call will be held at 10:00 a.m. ET to discuss these results, accessible via webcast. The firm specializes in fixed income and SPAC markets, managing around $2.1 billion in assets, primarily in fixed income. Notably, as of June 30, 2021, 60.3% of their assets under management were in collateralized debt obligations. The company's segments include Capital Markets, Asset Management, and Principal Investing.

Cohen & Company Inc. (NYSE American: COHN) reported a first-quarter net income of $9.4 million, or $6.98 per diluted share, down from $14.8 million in the prior quarter. Adjusted pre-tax income rose to $37.6 million, or $7.52 per diluted share, attributed significantly to the merger of INSU Acquisition Corp. II with Metromile, contributing $33.4 million. Revenues increased substantially, reaching $102.7 million, an increase of $36.3 million from the previous quarter, driven mainly by principal transactions revenue. Total equity rose to $154.7 million, reflecting strong operational performance.

Cohen & Company Inc. (NYSE American: COHN) is set to release its first quarter 2021 financial results on May 6, 2021. The Company will hold a conference call at 11:00 a.m. ET to discuss these results. This call will be accessible via webcast on the Company's homepage. Cohen & Company specializes in financial services, particularly in fixed income and SPAC markets, managing approximately $2.4 billion in assets as of March 31, 2021. A significant portion (67.7%) of its assets under management consists of collateralized debt obligations.

Cohen & Company Inc. (NYSE American: COHN) has announced that Dan Nash and Jerry Serowik have joined its subsidiary, J.V.B. Financial Group, LLC (JVB). This strategic move aims to enhance JVB’s Investment Banking division. Nash will serve as Head of Investment Banking, overseeing M&A and equity capital markets, while Serowik takes charge of Equity Capital Markets with a focus on SPAC and PIPE transactions. Their extensive experience in the financial sector is expected to significantly bolster JVB's client advisory capabilities, particularly in the thriving SPAC market.

Cohen & Company Inc. (NYSE American: COHN) reported strong financial results for Q4 and the full year ended December 31, 2020. Net income attributable to the company rose to $14.8 million, equating to $7.64 per diluted share, up from just $1.7 million in Q3 2020. Adjusted pre-tax income also increased to $23.8 million, or $4.64 per diluted share. Total revenues surged to $66.4 million, a significant increase from $21.9 million in Q3 2020. The company’s merger with Shift Technologies contributed $18.3 million to adjusted pre-tax income in Q4.

Cohen & Company (NYSE American: COHN) is set to announce its financial results for Q4 and the full year 2020 on March 3, 2021. A conference call will be held at 11:00 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, with $2.8 billion in assets under management as of December 31, 2020. The firm operates through three segments: Capital Markets, Asset Management, and Principal Investing.