Cohen & Company Q4 2025 revenue $102.7M, net income $8.1M; declares $0.25 quarterly and $0.70 special dividend

Cohen & Co Inc.

Full year revenue $275.6M, up 246% YoY; net income attributable $14.4M ($4.35 diluted EPS) vs loss of $0.1M in 2024.
Adjusted pre-tax income Q4 $18.3M ($2.97/share); full year $41.4M ($6.92/share).
Investment banking revenue Q4 $54.7M; CCM led SPAC IPO underwriting and de-SPAC advisory globally.
Board declares $0.25 quarterly dividend and $0.70 special dividend, payable April 3, 2026 to holders of record March 20, 2026.
CEO notes Q1 2026 revenue trending substantially higher than Q1 2025; pipeline significantly stronger than year ago.

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