{"id":988403,"date":"2026-08-03T09:33:43","date_gmt":"2026-08-03T13:33:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cohen-company-reports-second-quarter-2026-financial-results\/"},"modified":"2026-08-03T09:33:43","modified_gmt":"2026-08-03T13:33:43","slug":"cohen-company-reports-second-quarter-2026-financial-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cohen-company-reports-second-quarter-2026-financial-results\/","title":{"rendered":"Cohen & Company Reports Second Quarter 2026 Financial Results"},"content":{"rendered":"
\n

\n
\n Board Declares Quarterly Dividend of $0.25 per Share<\/em>
\n <\/strong>\n <\/p>\n

\n
\n Revenue of $69.5 Million<\/em>
\n <\/strong>\n <\/p>\n

\n
\n Net Income Attributable to Cohen & Company Inc. of $3.6 Million, or $0.94 per Diluted Share<\/em>
\n <\/strong>\n <\/p>\n

\n
\n Adjusted Pre-Tax Income of $10.1 Million, or $1.62 per Diluted Share<\/em>
\n <\/strong>\n <\/p>\n

PHILADELPHIA and NEW YORK, Aug. 03, 2026 (GLOBE NEWSWIRE) — Cohen & Company Inc. (NYSE American: COHN) (\u201cCohen & Company\u201d or the \u201cCompany\u201d) today reported financial results for its second quarter ended June 30, 2026.<\/p>\n

Lester Brafman, Chief Executive Officer of Cohen & Company, said, \u201cWe are pleased to deliver another solid quarter, driven by continued strong performance in our full-service boutique investment bank, Cohen & Company Capital Markets, and its expertise in SPAC and de-SPAC transactions. Recently, we achieved important milestones across our sponsored SPACs, with Columbus Circle Capital Corp II signing a definitive business combination agreement with Elroy Air, Inc. on June 26th, and Columbus Circle Capital Corp III completing its $230 million IPO on July 9th. We are encouraged by the momentum we have underway, as we look for opportunities to increase our revenue and profitability. We remain confident in our future earnings potential and are committed to creating long-term, sustained value for our stockholders, including through our quarterly dividend.\u201d<\/p>\n

\n Summary Operating Results<\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\nThree Months Ended<\/td>\n\u00a0<\/td>\nSix Months Ended<\/td>\n\u00a0<\/td>\n<\/tr>\n
($ in thousands)<\/td>\n6\/30\/26<\/td>\n\u00a0<\/td>\n3\/31\/26<\/td>\n\u00a0<\/td>\n6\/30\/25<\/td>\n\u00a0<\/td>\n6\/30\/26<\/td>\n\u00a0<\/td>\n6\/30\/25<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Investment banking and new issue<\/td>\n$<\/td>\n54,059<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n45,711<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n44,133<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n99,770<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n64,297<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net trading<\/td>\n\u00a0<\/td>\n13,888<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13,200<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10,757<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n27,088<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n19,968<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Asset management<\/td>\n\u00a0<\/td>\n1,837<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,419<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,168<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,256<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,188<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Principal transactions and other revenue<\/td>\n\u00a0<\/td>\n(297<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3,428<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,813<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3,725<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n158<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total revenues<\/td>\n\u00a0<\/td>\n69,487<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n57,902<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n59,871<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n127,389<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n88,611<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Compensation and benefits<\/td>\n\u00a0<\/td>\n48,185<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n41,307<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n44,323<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n89,492<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n65,989<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Non-compensation operating expenses<\/td>\n\u00a0<\/td>\n8,893<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11,462<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8,053<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n20,355<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15,020<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Operating income (loss)<\/td>\n\u00a0<\/td>\n12,409<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,133<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,495<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n17,542<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,602<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Interest expense, net<\/td>\n\u00a0<\/td>\n(1,311<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,335<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,496<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2,646<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2,944<\/td>\n)<\/td>\n\u00a0<\/td>\n<\/tr>\n
Gain on sale of management contracts<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n837<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n837<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income (loss) from equity method affiliates<\/td>\n\u00a0<\/td>\n(3,038<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(527<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,437<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3,565<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n981<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income (loss) before income tax expense (benefit)<\/td>\n\u00a0<\/td>\n8,060<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,271<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,399<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11,331<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6,476<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income tax expense (benefit)<\/td>\n\u00a0<\/td>\n141<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(182<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n771<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(41<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n910<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net income (loss)<\/td>\n\u00a0<\/td>\n7,919<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,453<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,628<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11,372<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,566<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Less: Net income (loss) attributable to the non-convertible non-controlling interest<\/td>\n\u00a0<\/td>\n(2,058<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(718<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(141<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2,776<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(314<\/td>\n)<\/td>\n\u00a0<\/td>\n<\/tr>\n
Enterprise net income (loss)<\/td>\n\u00a0<\/td>\n9,977<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,171<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,769<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14,148<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,880<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Less: Net income (loss) attributable to the convertible non-controlling interest<\/td>\n\u00a0<\/td>\n6,403<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,679<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,361<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,082<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,143<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net income (loss) attributable to Cohen & Company Inc.<\/td>\n$<\/td>\n3,574<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,492<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,408<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n5,066<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,737<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Fully diluted net income (loss) per share<\/td>\n$<\/td>\n0.94<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.42<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.81<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1.36<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1.00<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjusted pre-tax income (loss) (1)<\/td>\n$<\/td>\n10,118<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,989<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n5,540<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n14,107<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n6,790<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Fully diluted adjusted pre-tax income (loss) per share (1)<\/td>\n$<\/td>\n1.62<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.65<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.94<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2.28<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1.15<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n
(1) Adjusted pre-tax income (loss) and adjusted pre-tax income (loss) per share are not measures recognized under U.S. generally accepted accounting principles (\u201cGAAP\u201d). See Note 1 below.<\/td>\n<\/tr>\n<\/table>\n

\n Financial Highlights<\/strong>\n <\/p>\n