secwatch.observer — SEC 8-K summary
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Issuer:     Cohen & Co Inc. (COHN)
CIK:        0001270436
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001104659-23-086594
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1270436/000110465923086594/0001104659-23-086594-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1270436/000110465923086594/tm2322436d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-086594

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