secwatch.observer — SEC 8-K summary
======================================

Issuer:     Cohen & Co Inc. (COHN)
CIK:        0001270436
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001104659-22-113761
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cohen & Company reports Q3 2022 adjusted pre-tax income of $2.2M; declares $0.25 dividend
--------------------------------------------------------------------------------

- Net loss attributable to Cohen of $0.9M ($0.64 diluted loss); adjusted pre-tax income $2.2M ($0.41 diluted).
- Total revenues $23.5M, up from $6.6M YoY; new issue & advisory revenue $13.2M (up $9.8M QoQ).
- Principal transactions negative $1.2M on SPAC mark-to-market; $4.6M loss on bankrupt gestation repo counterparty.
- Board declares $0.25/share quarterly dividend payable Dec 2, 2022 to holders of record Nov 18, 2022.
- Total equity $105.6M at Sep 30, 2022, down from $151.4M at Dec 31, 2021; equity ex-nonconvertible NCI $101.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1270436/000110465922113761/0001104659-22-113761-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1270436/000110465922113761/tm2229345d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-113761

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer