earnings
confidence high
sentiment negative
materiality 0.70
Cohen & Company Q4 2024 net loss of $1.95M ($1.21/sh), revenue falls to $18.5M
Cohen & Co Inc.
- Q4 net loss attributable to Cohen & Company of $1.95M ($1.21 diluted EPS) vs Q3 income $2.15M ($1.31) and Q4 2023 income $4.55M ($2.97).
- Revenue $18.5M, down from $31.7M Q3 and $34.5M Q4 2023; new issue & advisory revenue dropped to $10.1M from $22.5M Q3.
- Full year 2024 net loss of $129k ($0.08 loss per share) vs FY2023 loss of $5.1M ($3.38 loss per share).
- Board declares $0.25 quarterly dividend payable April 9, 2025 to holders of record March 26, 2025.
- Gestation repo book grew 30% YoY to $2.7B; CCM full-year revenue nearly doubled to $38.9M from $21.9M in 2023.