---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-086594"
form_type: "8-K"
ticker: "COHN"
cik: "0001270436"
company_name: "Cohen & Co Inc."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T11:56:46.288829+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cohen & Co Q2 net loss $6.6M ($4.34/share); revenue $22.6M improves on principal transactions

## Summary
- Net loss attributable to Cohen & Co of $6.6M, or $4.34 per diluted share, vs loss of $2.6M ($1.77) in Q1 2023 and $1.9M ($1.53) in Q2 2022.
- Total revenues $22.6M, up from $8.8M in Q1 and $9.2M in Q2 2022; driven by $12.2M principal transactions vs negative $2.3M in Q1.
- Adjusted pre-tax loss $1.6M ($0.30 per share) vs adjusted pre-tax loss $9.6M ($1.74) in prior quarter.
- Board declares $0.25/share quarterly dividend payable Sept 1, 2023 to holders of record Aug 18, 2023.
- Company will not hold quarterly conference calls for foreseeable future; earned ~$5M new issue and advisory revenue in Q3-to-date.

## SEC filing metadata
- accession: 0001104659-23-086594
- form_type: 8-K
- ticker: COHN
- cik: 0001270436
- company_name: Cohen & Co Inc.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1270436/000110465923086594/0001104659-23-086594-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1270436/000110465923086594/tm2322436d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-086594
- JSON: https://secwatch.observer/filing/0001104659-23-086594.json
- Plain text: https://secwatch.observer/filing/0001104659-23-086594.txt

## Key facts
- Earnings Releases
  Cohen & Co Inc. reported the second quarter ended June 30, 2023 results: revenue $22.6 million, net income $6.6 million, EPS $4.34 per diluted share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $22.6 million
  - Net income: $6.6 million
  - EPS: $4.34 per diluted share
  - Result: reported results
  source text: June 30, 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 $22.6 million for the three months ended June 30, 2023, compared to $8.8 million for the prior quarter and $9.2 million for the prior year quarter. o Net trading revenue was $7.4 million for
  evidence_url: https://www.sec.gov/Archives/edgar/data/1270436/000110465923086594/0001104659-23-086594-index.htm

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