---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-055805"
form_type: "8-K"
ticker: "COHN"
cik: "0001270436"
company_name: "Cohen & Co Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T20:49:28.629951+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cohen & Co Q1 net loss narrows to $2.6M; revenue $8.8M; dividend $0.25/share

## Summary
- Net loss attributable to Cohen & Co Inc. $2.6M ($1.77/diluted share) vs $7.6M loss a year ago.
- Total revenues $8.8M, up from negative $0.7M in Q1 2022; net trading revenue $8.2M, down 32% YoY.
- New issue and advisory revenue $0.9M, down 76% YoY; principal transactions and other revenue negative $2.3M.
- Adjusted pre-tax loss $9.6M ($1.74/diluted share); total equity $82.4M as of March 31, 2023.
- Board declared quarterly dividend of $0.25/share, payable June 2, 2023 to holders of record May 18.

## SEC filing metadata
- accession: 0001104659-23-055805
- form_type: 8-K
- ticker: COHN
- cik: 0001270436
- company_name: Cohen & Co Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1270436/000110465923055805/0001104659-23-055805-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1270436/000110465923055805/tm2314419d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-055805
- JSON: https://secwatch.observer/filing/0001104659-23-055805.json
- Plain text: https://secwatch.observer/filing/0001104659-23-055805.txt

## Key facts
- Earnings Releases
  Cohen & Co Inc. reported the first quarter ended March 31, 2023 results: revenue $8.8 million, net income $2.6 million, EPS $1.77 per diluted share.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $8.8 million
  - Net income: $2.6 million
  - EPS: $1.77 per diluted share
  - Result: reported results
  source text: March 31, 2022. Adjusted pre-tax income (loss) and adjusted pre-tax income (loss) per diluted share are not measures recognized under GAAP. See Note 1 below. · Revenues were $8.8 million for the three months ended March 31, 2023, compared to $12.5 million for the prior quarter and negative $0.7 million for the prior year quarter. o Net trading revenue was $8.2
  evidence_url: https://www.sec.gov/Archives/edgar/data/1270436/000110465923055805/0001104659-23-055805-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.