The earnings call highlights a strong performance from CCM and a significant increase in new issue and advisory revenue, alongside a return to positive net income. However, these positive aspects are tempered by notable lowlights, including substantial negative principal transactions revenue, a decline in asset management revenue, and a decrease in the equity value of SPAC investments. The overall sentiment of the call is balanced, reflecting both achievements and challenges.
Company Guidance
During the first quarter of 2025 earnings call for Cohen & Company, the company reported a net income attributable to shareholders of $300,000, or $0.19 per fully diluted share, a significant improvement from the previous quarter's net loss of $2 million. The company's boutique investment banking operation, Cohen & Company Capital Markets (CCM), generated $20.1 million in net revenue, with new issue and advisory revenue totaling $33.2 million. However, this was offset by $13.1 million in negative principal transactions revenue. Net trading revenue was $9.2 million, while asset management revenue was $2 million, slightly down from previous quarters. The company declared a quarterly dividend of $0.25 per share, payable on June 2. Total equity was reported at $85.7 million, with consolidated corporate indebtedness at $35 million. The company remains committed to enhancing long-term shareholder value amidst market headwinds.
Strong Performance from CCM
Cohen & Company's Capital Markets operation generated $20.1 million of net revenue, reflecting strong performance from their full-service boutique investment banking operation.
Significant Increase in New Issue and Advisory Revenue
New issue and advisory revenue was $33.2 million in the first quarter, an increase of $23.2 million from the prior quarter and an increase of $8.9 million from the year ago quarter.
Positive Net Income
Net income attributable to Cohen & Company Inc. shareholders was $300,000 for the quarter, compared to a net loss of $2 million for the prior quarter.
Quarterly Dividend Declared
Declared a quarterly dividend of $0.25 per share payable on June 2 to stockholders of record as of May 16.
Cohen & Company (COHN) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
COHN Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 01, 2025
$8.26
$8.44
+2.18%
Mar 10, 2025
$8.92
$8.62
-3.36%
Nov 04, 2024
$7.82
$9.17
+17.26%
Aug 05, 2024
$8.55
$8.28
-3.16%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Cohen & Company Inc (COHN) report earnings?
Cohen & Company Inc (COHN) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Cohen & Company Inc (COHN) earnings time?
Cohen & Company Inc (COHN) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.