Cohen & Company reports Q3 2025 revenue of $84.2M, net income $4.6M, declares $0.25 dividend

Cohen & Co Inc.

2025-Q3 EPS reported $3.61 revenue$172,824,000

Revenue of $84.2M vs $31.7M in Q3 2024; new issue and advisory revenue surged to $228.0M from $21.4M.
Net income attributable to Cohen & Co. was $4.6M ($2.58/diluted share) vs $2.2M ($1.31) a year ago; adjusted pre-tax income $16.4M.
Board declared $0.25 per share quarterly dividend, payable Dec 3, 2025 to holders of record Nov 19, 2025.
Management expects Q4 2025 revenue >$50M and full-year 2025 revenue >$220M.
Net trading revenue grew 26% QoQ to $13.6M; equity method affiliates posted a $12.7M loss offset by non-controlling interest.

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