Cohen & Co subsidiary extends $15M loan maturity to June 2026, reduces net capital covenant to $30M

Cohen & Co Inc.

J.V.B. Financial Group, LLC (Cohen & Co subsidiary) amended credit facility with Byline Bank.
Maturity date extended from June 18, 2025 to June 18, 2026.
Required Excess Net Capital reduced from $40M to $30M, easing capital constraint.
No default occurred; amendment effective June 18, 2025.
Existing $15M revolving commitment unchanged.

item 1.01item 9.01

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