secwatch.observer — SEC 8-K summary
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Issuer:     Cohen & Co Inc. (COHN)
CIK:        0001270436
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0001104659-24-031480
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cohen & Company Q4 net income $4.5M ($2.97/diluted share); declares $0.25 quarterly dividend
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- Q4 net income attributable to Cohen & Company of $4.5M, vs net loss of $0.4M in Q3 2023 and net loss of $3.0M in Q4 2022.
- Adjusted pre-tax income for Q4 was $16.0M ($2.88/diluted share), compared to adjusted pre-tax loss of $8.4M in prior quarter.
- Revenues surged to $34.5M in Q4, driven by $18.7M new issue and advisory revenue and $17.2M income from equity method affiliates (SPAC closures).
- Full year 2023 net loss attributable to Cohen & Company was $5.1M, or ($3.38) per diluted share.
- Board declared $0.25 quarterly dividend payable April 5, 2024 to holders of record March 22, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1270436/000110465924031480/0001104659-24-031480-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1270436/000110465924031480/tm246742d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-031480

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