Cohen & Co. Q2 net loss $1.9M; revenues $9.2M; declares $0.25 dividend

Cohen & Co Inc.

2022-Q2 EPS reported -$6.71 revenue$8,472,000

Net loss attributable to Cohen & Co. of $1.9M ($1.53/diluted share) vs net income of $1.7M in Q2 2021.
Total revenues $9.2M, down from $10.1M a year ago; net trading revenue $10.4M, down $8M YoY.
Principal transactions loss of $6.6M mainly from mark-to-market on SPAC-related holdings.
Dividend of $0.25 per share declared, payable Sept 1, 2022 to holders of record Aug 18, 2022.
Total equity fell to $106.0M as of June 30, 2022 from $151.4M at year-end 2021.

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