Every 10-Q that Cohen & Company Inc (COHN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow COHN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full COHN filings page.
Cohen & Company Inc. delivered higher capital-markets-driven results for the quarter ended June 30, 2026. Total revenues were $69,487 for the quarter and $127,389 for the first half, compared with $59,871 and $88,611 a year earlier, led by investment banking and new issue revenue of $54,059 in Q2.
Operating income rose to $12,409 in Q2 and $17,542 year-to-date. Net income attributable to Cohen & Company Inc. was $3,574 for the quarter and $5,066 for six months, with basic EPS of $1.58 and $2.48 and diluted EPS of $0.94 and $1.36. Enterprise net income including non-controlling interests reached $14,148 year-to-date.
Total assets increased to $800,383, while stockholders’ equity grew to $63,262. Cash and cash equivalents declined to $40,093, and operating activities used $27,286 of cash, reflecting shifts in trading positions, repo funding, and SPAC-related activity. The company remains active in SPAC sponsorship and advisory, including Columbus Circle Capital Corp. II’s 23,000,000-unit IPO at $10.00 per unit and a pending business combination with Elroy Air.
Cohen & Company Inc. reported much stronger results for the three months ended March 31, 2026. Total revenues rose to $57.9 million from $28.7 million a year earlier, driven mainly by investment banking and new issue revenue of $45.7 million and net trading revenue of $13.2 million.
Operating income increased to $5.1 million from $0.1 million, and net income attributable to Cohen & Company Inc. grew to $1.5 million from $0.3 million. Basic earnings per share were $0.82 versus $0.19, while diluted earnings per share were $0.42.
At March 31, 2026, total assets were $684.1 million and total equity was $100.1 million. Cash and cash equivalents declined to $19.0 million, with net cash used in operating activities of $31.2 million. The company reported $1.3 billion in assets under management and continued to expand SPAC-related activities, including Columbus Circle Capital vehicles and an investment in ProCap Financial (ticker BRR).
Cohen & Company Inc. (COHN) reported stronger Q3 2025 results. Total revenues were $84.2 million versus $31.7 million a year ago, driven by new issue and advisory revenue of $228.0 million and net trading revenue of $13.6 million, partly offset by a principal transactions and other loss of $159.3 million. Operating income was $21.8 million versus $7.2 million. Net income attributable to Cohen & Company Inc. was $4.6 million, with diluted EPS of $2.58 versus $1.31.
For the nine months ended September 30, 2025, revenues were $172.8 million versus $61.1 million, and diluted EPS was $3.61 versus $1.12. On the balance sheet, cash and cash equivalents were $54.7 million (up from $19.6 million at December 31, 2024), total assets were $773.9 million, and total equity was $101.1 million. As of October 28, 2025, there were 2,035,863 common shares outstanding. The company reported $1.4 billion AUM as of September 30, 2025.
Cohen & Company Inc. (COHN) Q2-25 10-Q highlights
- Revenue rebound: Q2 sales jumped to $59.9 M from $10.8 M in Q2-24, driven by New Issue & Advisory fees ($37.4 M vs. $6.5 M) and stronger Net Trading ($10.8 M vs. $8.8 M).
- Return to profit: Net income attributable to COHN was $1.4 M (diluted EPS $0.81) versus a $2.3 M loss (-$1.47) a year ago. Six-month net income reached $1.7 M (EPS $1.00) against a $0.3 M loss in 1H-24.
- Margins improve: Operating income rose to $7.5 M from a $6.4 M loss; operating margin 12.5 % vs. -59.0 %.
- Cost pressures: Compensation & benefits surged to $44.3 M (74 % of revenue) from $10.7 M, reflecting revenue-tied payouts and equity awards.
- Balance sheet: Assets grew to $1.13 B (from $971 M) largely via resale agreements. Debt declined to $32.6 M (-$2.3 M); cash rose to $26.0 M.
- Equity: Book value increased to $92.5 M vs. $90.3 M; tangible common equity $43.4 M.
- Cash flow: Operating cash inflow of $7.0 M vs. $0.9 M in 1H-24; investing provided $5.2 M; financing used $6.4 M (dividends, note repayment).
- Other items: $0.8 M gain on sale of management contracts; equity-method loss Q2 (-$1.4 M) after large loss Q2-24 (-$6.0 M).
Overall, robust advisory revenue restored profitability but carries higher compensation expense; leverage remains concentrated in repo funding.