From GlobeNewswire: 2025-05-01 08:15:00

Cohen & Company Inc. reported financial results for the first quarter ended March 31, 2025. Net income attributable to Cohen & Company Inc. was $0.3 million, or $0.19 per diluted share, compared to a net loss of $2.0 million for the previous quarter. Revenues were $28.7 million, with increases in net trading and new issue and advisory revenue. The company’s Board of Directors declared a quarterly dividend of $0.25 per share. Adjusted pre-tax income was $1.3 million for the quarter.

The company’s CEO, Lester Brafman, expressed satisfaction with the first quarter results, highlighting strong performance from their investment banking operation, Cohen & Company Capital Markets. Despite challenges in their principal investing portfolio, the company remains focused on growth and returning capital to shareholders through dividends. Total equity as of March 31, 2025, was $85.7 million.

Cohen & Company specializes in capital markets and asset management services. The company’s segments include Capital Markets, Asset Management, and Principal Investing. Adjusted pre-tax income and adjusted pre-tax income per diluted share are non-GAAP measures used to evaluate performance. Interested parties can access a conference call to discuss the results on May 1, 2025, at 10:00 a.m. Eastern Time.



Read more at GlobeNewswire: Cohen & Company Reports First Quarter 2025 Financial