COHEN & COMPANY


Associated tags: Cayman Islands, Cohen, H. C. Cohen Company Building–Andrews Building

Locations: SPAC, PITTSBURGH, CALIFORNIA, MIDDLE EAST, AFRICA, WALL STREET, TEXAS, NEW YORK, MASSACHUSETTS, OHIO, EUROPE, PHILADELPHIA, PA, US, PENNSYLVANIA, ILLINOIS, IRELAND, MARYLAND, WISCONSIN, MICHIGAN

Cohen & Company Reports First Quarter 2024 Financial Results

Retrieved on: 
Monday, May 6, 2024

PHILADELPHIA and NEW YORK, May 06, 2024 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN), a financial services firm specializing in an expanding range of capital markets and asset management services, today reported financial results for its first quarter ended March 31, 2024.

Key Points: 
  • Lester Brafman, Chief Executive Officer of Cohen & Company, said, “We are very pleased to report our second consecutive quarter of strong earnings.
  • Revenues were $18.6 million for the three months ended March 31, 2024, compared to $34.5 million for the prior quarter and $8.8 million for the prior year quarter.
  • Compensation and benefits expense during the three months ended March 31, 2024 decreased $1.5 million from the prior quarter and increased $4.3 million from the prior year quarter.
  • The Company will host a conference call at 10:00 a.m. Eastern Time (ET), today, May 6, 2024, to discuss these results.

Cohen & Company Sets Release Date for First Quarter 2024 Financial Results

Retrieved on: 
Thursday, May 2, 2024

PHILADELPHIA and NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN) will release its financial results for the first quarter 2024 on Monday, May 6, 2024.

Key Points: 
  • PHILADELPHIA and NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN) will release its financial results for the first quarter 2024 on Monday, May 6, 2024.
  • The Company will host a conference call at 10:00 a.m. Eastern Time (ET) that day to discuss these results.
  • Interested parties can access the webcast by clicking the webcast link on the Company’s homepage at www.cohenandcompany.com .
  • Those wishing to listen to the conference call with operator assistance can dial (877) 524-8416 (domestic) or +1 (412) 902-1028 (international).

Cohen & Company Reports Fourth Quarter & Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 6, 2024

PHILADELPHIA and NEW YORK, March 06, 2024 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN), a financial services firm specializing in an expanding range of capital markets and asset management services, today reported financial results for its fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Revenues were $34.5 million for the three months ended December 31, 2023, compared to $17.1 million for the prior quarter and $12.5 million for the prior year quarter.
  • Net trading revenue was $7.8 million for the three months ended December 31, 2023, up $0.3 million from the prior quarter and down $1.8 million from the prior year quarter.
  • Interest expense during the three months ended December 31, 2023 was comparable to the prior quarter and increased $0.4 million from the prior year quarter.
  • Investors can find contact information at the bottom of this release should they have any questions about the fourth quarter and full year results or the Company.

Cohen & Company Welcomes Tax Partner Rob Meiner

Retrieved on: 
Thursday, February 8, 2024

NEW YORK, Feb. 8, 2024 /PRNewswire/ -- Cohen & Company is pleased to announce Rob Meiner, CPA, MST, has joined the firm's growing Registered Funds Group as a Tax Partner residing in the New York City office.

Key Points: 
  • NEW YORK, Feb. 8, 2024 /PRNewswire/ -- Cohen & Company is pleased to announce Rob Meiner, CPA, MST, has joined the firm's growing Registered Funds Group as a Tax Partner residing in the New York City office.
  • With over 30 years of asset management tax experience, including serving as head of the registered funds tax practice at a Big 4 firm, Meiner is an industry leader in the Registered Investment Companies (RICs) and financial product taxation space.
  • He also has significant experience providing tax outsourcing services, and has been a leader in developing and implementing enhanced fund tax operating models.
  • "We are excited to welcome Rob to our team," says Brett Eichenberger, Market Leader, Registered Funds at Cohen & Company.

J.V.B. Financial Group, LLC Hires George Holstead to Expand Middle Markets Group

Retrieved on: 
Monday, January 22, 2024

Financial Group, LLC (“JVB”), an indirect, controlled subsidiary of Cohen & Company Inc. (NYSE American: COHN), a financial services firm specializing in an expanding range of capital markets and asset management services, announced that George Holstead has joined as Managing Director and Head of the Middle Markets Group in JVB’s Boca Raton office.

Key Points: 
  • Financial Group, LLC (“JVB”), an indirect, controlled subsidiary of Cohen & Company Inc. (NYSE American: COHN), a financial services firm specializing in an expanding range of capital markets and asset management services, announced that George Holstead has joined as Managing Director and Head of the Middle Markets Group in JVB’s Boca Raton office.
  • Holstead will lead the expansion of JVB’s Middle Market division.
  • “I am excited to join the talented JVB team and deliver unparalleled solutions and trusted advice to clients,” said Holstead.
  • “I believe my skills and experience in fixed income markets and trading will be valuable to the team as we expand the Middle Market division and accelerate JVB’s mission to be the premier distribution platform.

Cohen & Company Capital Markets Highlights Strong 2023

Retrieved on: 
Wednesday, January 17, 2024

MENLO PARK, Calif. and NEW YORK, Jan. 17, 2024 /PRNewswire/ -- Cohen & Company Capital Markets ("CCM" or "the firm"), a leading full-service boutique investment bank, with a focus on mergers and acquisitions (M&A), capital markets, and SPAC advisory, today highlighted the firm's accomplishments throughout a successful 2023 and announced three new hires to its growing senior leadership team.

Key Points: 
  • Sean Bernsohn brings 20 years of expertise in debt capital markets, restructuring, and arranging financing in the syndicated loan, high yield, and private debt markets.
  • Zac Costello has more than 13 years of Wall Street experience across capital markets, sales and trading, and private placements.
  • "We are extremely excited to bring Sean, Zac, and Steve on board at Cohen & Company Capital Markets," said Jerry Serowik.
  • Nash noted, "The momentum CCM has gained throughout 2023 is both encouraging and indicative of shifting sentiments in the market.

Cohen & Company Expands into Western New York

Retrieved on: 
Monday, November 13, 2023

CLEVELAND and BUFFALO, N.Y., Nov. 13, 2023 /PRNewswire/ -- Szymkowiak & Associates CPAs (Szymkowiak) and PEAR Consultants, LLC (PEAR) are joining Cohen & Company, one of the top tax and accounting firms in the U.S. The firms, who share an office location, are based in Buffalo and serve clients across the country. The transaction is expected to close in December 2023.

Key Points: 
  • PEAR is a tax consulting firm with a specialized focus on state residency services and audit defense for ultra-high-net-worth individuals.
  • "This market expansion fits perfectly into our overall strategic growth plan, and the resulting synergies will be meaningful for all parties," says Cohen & Company CEO Chris Bellamy.
  • All professionals of Szymkowiak and PEAR are expected to join Cohen & Company when the transaction closes.
  • Koltin Consulting Group served as an adviser to Cohen & Company on this transaction, which is the second acquisition announcement from Cohen & Company this year.

Cohen & Company Reports Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 2, 2023

Lester Brafman, Chief Executive Officer of Cohen & Company, said, “Our results were mixed during the third quarter, driven by stronger new issue and advisory revenue and weaker principal transactions revenue.

Key Points: 
  • Lester Brafman, Chief Executive Officer of Cohen & Company, said, “Our results were mixed during the third quarter, driven by stronger new issue and advisory revenue and weaker principal transactions revenue.
  • Revenues were $17.1 million for the three months ended September 30, 2023, compared to $22.6 million for the prior quarter and $23.5 million for the prior year quarter.
  • Net trading revenue was $7.5 million for the three months ended September 30, 2023, similar to the prior quarter and down $0.5 million from the prior year quarter.
  • Interest expense during the three months ended September 30, 2023 was comparable to the prior quarter and increased $0.3 million from the prior year quarter.

Cohen & Company Capital Markets Continues Strong Momentum, Appoints Gary Quin Senior Advisor, EMEA Investment Banking to Expand Global Reach

Retrieved on: 
Monday, October 30, 2023

MENLO PARK, Calif. and NEW YORK, Oct. 30, 2023 /PRNewswire/ -- Cohen & Company Capital Markets ("CCM") is pleased to announce the appointment of Gary Quin as Senior Advisor, who will lead CCM's efforts in Europe, the Middle East, and Africa (EMEA).  

Key Points: 
  • Gary brings a wealth of expertise to CCM, including over 25 years of investment banking, operating, and investing experience.
  • Gary previously served as the CEO of North Atlantic Acquisition Corp (NAAC), a Nasdaq-listed SPAC with a primary focus on European acquisition opportunities.
  • Prior to NAAC, he served as Vice Chairman of Credit Suisse's investment banking division in Europe, advising corporations, governments and governmental organizations, financial sponsors and family offices on M&A and capital raising.
  • During his tenure at Credit Suisse, Gary successfully raised $66 billion in both private and public markets.

Adam Hill Named Partner in Charge of Advisory Services

Retrieved on: 
Monday, September 11, 2023

CLEVELAND, Sept. 11, 2023 /PRNewswire/ -- Cohen & Company has named Adam Hill, CPA, as partner in charge of advisory, effective September 1, 2023.

Key Points: 
  • CLEVELAND, Sept. 11, 2023 /PRNewswire/ -- Cohen & Company has named Adam Hill, CPA, as partner in charge of advisory, effective September 1, 2023.
  • In the role, Hill is responsible for the execution of strategy, operational performance, and development and retention of the firm's team working in the areas of management consulting, transaction services, valuation services and accounting solutions.
  • "As a key member of the firm's leadership team, Adam will continue to build on the growth and positive momentum of our national Advisory Practice."
  • In addition to his new role overseeing the Advisory Practice, Adam remains committed to serving clients.