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Cohen & Co Inc. (COHN) stock

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NYSE: COHN NYSE Investment Banking & Brokerage Next results ~November 4, 2026

C+ Fundamentals grade

Cohen & Co Inc. is a US-listed company in the investment banking & brokerage industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$4.4

Residual income

Base case. Range ~$1.6–$8.0. Book value plus the present value of returns above the cost of equity, fading over ten years.

Price vs value

No Buy/Hold/Sell rating is issued: only 1 valuation models apply; a rating needs 3.

Cohen & Co Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders2 buying, 1 selling2 purchases and 4 sales by directors and officers, last 12 monthsInsider trades
  • Funds13 adding, 4 cuttingOf 3 active managers that changed their stake, 3 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Cohen & files

Where Cohen & Co stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $314m, up 126.4% on a year earlier, slower than the 239.4% growth a quarter earlier. That growth ranks 1 of 20 among the investment banking & brokerage companies we cover. The diluted share count is up 6.4% on a year earlier, which dilutes existing holders. Our valuation models combined value is $17.32 a share, against a share price of $10.05.

Source: 10-Q filed August 3, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

Cohen & Co Inc.'s trailing-twelve-month revenue grew 126.4% year on year, with a free-cash-flow margin of -2.6%. Where it stands out: revenue growth of 126.4% ranks 3 of 40 investment banking & brokerage companies we cover. Where it lags: change in growth rate of -113.0pp ranks 35 of 40 investment banking & brokerage companies we cover.

Current signal Revenue growth decelerating: TTM revenue growth slowed to 126.4% (-113.0pp vs the prior quarter), the 2nd consecutive quarterly slowdown.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 126.4% over the last 12 months, against a median of 20.8% for investment banking & brokerage companies we cover.
  • Margins widening. Operating margin is up 15.3 points on a year ago.

Things to watch

  • Results due soon. Results are expected around 3 November; the share price can move sharply on the day.
  • Growth slowing. The growth rate is 113.0 points lower than a quarter earlier.
  • Burning cash. Free cash flow was -2.6% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 6.4% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 98% and a beta of 0.5 against the S&P 500.
  • Weak cash conversion. Free cash flow was -46% of net income over the last 12 months.

Latest results: FY2026 Q2

Filed August 3, 2026
Earnings per share
$1.62 against an average estimate of $0.42: beat by 285.7%
Revenue
$69m, up 16.1% on a year earlier
Share reaction
-5.5% in the first session after the results on August 3, 2026, against +3.3% for the S&P 500
Next report
November 4, 2026; average EPS estimate $0.42

Cohen &'s figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+0.5%
  • 1 week+8.5%
  • 1 month+2.4%
  • This year-50.0%
  • 1 year+24.7%
  • 5 years-1.0%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$314M
Operating margin
22.1%
Net margin
5.6%
EPS (TTM, diluted)
$2.89

Growth

Revenue growth
+126.4%
Change in growth rate
−113.0 pts
Share count change
+6.4%

Earnings

Last results
August 3, 2026
Next results (est.)
November 3, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Agreement
  2. Results
  3. Announcement
  4. Insider trade

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Cohen & Co Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 1 valuation models apply; a rating needs 3.

Valuation models

We value Cohen & Co Inc. as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 8.3%: the 10-year Treasury yield (4.9%) plus a beta of 0.74 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$57 ~$110–$230 Left out: out of range vs price (5.71x)
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$4.4 ~$1.6–$8.0 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. ~$1.9 ~$24–$87 Left out: out of range vs price (0.19x)
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. — Does not apply: earnings are not positive
Cash-flow model (DCF) Free cash flow after stock pay, grown then faded to 2.5%, discounted at 8.5%. — Does not apply: Noncontrolling ownership is material. Its fair value and share of cash flow must be valued separately; a book-value deduction is insufficient.
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: Noncontrolling ownership is material. Its fair value and share of cash flow must be valued separately; a book-value deduction is insufficient.
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: Noncontrolling ownership is material. Its fair value and share of cash flow must be valued separately; a book-value deduction is insufficient.
Combined value Weighted average of the models that apply: the primary model (price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$4.4 ~$1.6–$8.0 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Cohen & Co Inc. with brokers, investment banks and exchanges in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

7 /100

Weak moat

How hard Cohen &'s competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median 0.1% of total assets over 10 years.

  • Durability 0 / 20

    Operating margin has been a median 5.1%; its worst year was -118.3%.

  • Discipline 7 / 20

    The diluted share count rose 268.3% over five years; stock-based pay has been a median 4.4% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (12 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, before the open. Analysts expect revenue of $41m and EPS of $0.42 (range $0.42 to $0.42) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $1.90 — $180m —
Next $1.85 −3% $181m +0%

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.42 $1.62 +285.7%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 3, 2026

No numeric guidance in Cohen & Co Inc.'s latest earnings release (filed August 3, 2026). Some companies give their outlook only on the earnings call.

Analyst recommendations

1 analysts, Oct 2026
Buy1100%
Hold00%
Sell00%

Monthly trend

  1. Oct 202611

Counts of recommendations published by analysts covering Cohen & Co Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
1.1%
of tradable shares
Days to cover
2.96
at average volume
Short interest, 1 month
+49%
to October 15, 2026
Held by institutions
7%
of shares
Held by insiders
20.3%
of shares
Employees
129
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +24.7%

$8.03 on October 31, 2025 to $10.01

ThenNowEffect
Revenue (last 12 months) $139m $314m +126.4%
Net margin 1.4% 5.6% +305.6%
P/E multiple 24.0x 3.5x −85.6%
Share count 6m 6m −6.0%

Biggest factor: p/e multiple.

Last 3 years +141.3%

$4.15 on November 3, 2023 to $10.01

ThenNowEffect
Revenue (last 12 months) $67m $314m +367.0%
P/S multiple 0.3x 0.2x −29.9%
Share count 5m 6m −26.3%

Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
COHN−7%−37%−10%+73%+150%−50%
Industry peers (median)+31%−18%+19%+43%+8%−16%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
COHN50%42%50%50%50%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
COHN−63%−48%−61%−36%−39%−67%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 90% from March 3, 2021 to June 12, 2023. Getting back needed a 896% gain, reached on January 5, 2026, 938 days after the low.

Price behaviour

52-week range
$7.78 – $27.53
From 52-week high
−63.6%
vs 50-day average
−3.0%
vs 200-day average
−25.1%
Volatility (1 year)
99%
Beta vs S&P 500
0.53

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
8 up, 4 down
typical move ±12.4%
After a week
8 up, 4 down
typical move ±20.4%
After a month
7 up, 5 down
typical move ±27.5%
Results releasedNext dayS&P 500 next day5 days21 days
August 3, 2026 −5.5% +3.3% −12.0% −13.5%
May 1, 2026 −35.0% −0.1% −36.5% −49.8%
March 6, 2026 +19.1% −0.4% +18.0% +12.6%
November 4, 2025 +3.8% −0.8% +37.4% +84.7%
July 31, 2025 +3.4% −2.0% +3.2% +14.5%
May 1, 2025 +1.2% +2.2% +3.5% −2.7%
March 10, 2025 −7.5% −3.5% −15.6% −23.9%
November 4, 2024 +16.9% +1.0% +21.0% +32.3%
August 5, 2024 −10.7% −2.0% −14.3% −6.9%
May 6, 2024 +23.2% +1.1% +33.9% +60.5%
March 6, 2024 +15.7% +1.5% +14.8% +12.3%
November 2, 2023 +6.8% +2.8% +35.1% +16.0%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Cohen & Co Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Cohen & Co Inc.
$0 $100M $200M $300M $400M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $61M Revenue (TTM), FY23 Q4: $83M Revenue (TTM), FY24 Q1: $92.7M Revenue (TTM), FY24 Q2: $80.9M Revenue (TTM), FY24 Q3: $95.5M Revenue (TTM), FY24 Q4: $79.6M Revenue (TTM), FY25 Q1: $89.8M Revenue (TTM), FY25 Q2: $138.8M Revenue (TTM), FY25 Q3: $191.4M Revenue (TTM), FY25 Q4: $275.6M Revenue (TTM), FY26 Q1: $304.7M Revenue (TTM), FY26 Q2: $314.3M $314.3M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $61M
FY23 Q4 $83M
FY24 Q1 $92.7M
FY24 Q2 $80.9M
FY24 Q3 $95.5M
FY24 Q4 $79.6M
FY25 Q1 $89.8M
FY25 Q2 $138.8M
FY25 Q3 $191.4M
FY25 Q4 $275.6M
FY26 Q1 $304.7M
FY26 Q2 $314.3M
Revenue growth, TTM YoY Cohen & Co Inc.
-100% 0% 100% 200% 300% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 3.4% Revenue growth, TTM YoY, FY23 Q4: 86.9% Revenue growth, TTM YoY, FY24 Q1: 72.0% Revenue growth, TTM YoY, FY24 Q2: 20.3% Revenue growth, TTM YoY, FY24 Q3: 56.7% Revenue growth, TTM YoY, FY24 Q4: -4.1% Revenue growth, TTM YoY, FY25 Q1: -3.2% Revenue growth, TTM YoY, FY25 Q2: 71.5% Revenue growth, TTM YoY, FY25 Q3: 100.3% Revenue growth, TTM YoY, FY25 Q4: 246.2% Revenue growth, TTM YoY, FY26 Q1: 239.4% Revenue growth, TTM YoY, FY26 Q2: 126.4% 126.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 3.4%
FY23 Q4 86.9%
FY24 Q1 72.0%
FY24 Q2 20.3%
FY24 Q3 56.7%
FY24 Q4 -4.1%
FY25 Q1 -3.2%
FY25 Q2 71.5%
FY25 Q3 100.3%
FY25 Q4 246.2%
FY26 Q1 239.4%
FY26 Q2 126.4%
Operating margin (TTM) Cohen & Co Inc.
-20% -10% 0% 10% 20% 30% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: -12.1% Operating margin (TTM), FY23 Q4: 8.3% Operating margin (TTM), FY24 Q1: 11.8% Operating margin (TTM), FY24 Q2: -3.0% Operating margin (TTM), FY24 Q3: 9.3% Operating margin (TTM), FY24 Q4: -10.1% Operating margin (TTM), FY25 Q1: -5.1% Operating margin (TTM), FY25 Q2: 6.7% Operating margin (TTM), FY25 Q3: 12.5% Operating margin (TTM), FY25 Q4: 21.6% Operating margin (TTM), FY26 Q1: 21.1% Operating margin (TTM), FY26 Q2: 22.1% 22.1%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 -12.1%
FY23 Q4 8.3%
FY24 Q1 11.8%
FY24 Q2 -3.0%
FY24 Q3 9.3%
FY24 Q4 -10.1%
FY25 Q1 -5.1%
FY25 Q2 6.7%
FY25 Q3 12.5%
FY25 Q4 21.6%
FY26 Q1 21.1%
FY26 Q2 22.1%
FCF margin (TTM) Cohen & Co Inc.
-150% -100% -50% 0% 50% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -105.5% FCF margin (TTM), FY23 Q4: -48.2% FCF margin (TTM), FY24 Q1: -7.8% FCF margin (TTM), FY24 Q2: -4.6% FCF margin (TTM), FY24 Q3: 0.7% FCF margin (TTM), FY24 Q4: 10.3% FCF margin (TTM), FY25 Q1: -3.7% FCF margin (TTM), FY25 Q2: 10.2% FCF margin (TTM), FY25 Q3: 17.0% FCF margin (TTM), FY25 Q4: 9.5% FCF margin (TTM), FY26 Q1: 0.4% FCF margin (TTM), FY26 Q2: -2.6% -2.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -105.5%
FY23 Q4 -48.2%
FY24 Q1 -7.8%
FY24 Q2 -4.6%
FY24 Q3 0.7%
FY24 Q4 10.3%
FY25 Q1 -3.7%
FY25 Q2 10.2%
FY25 Q3 17.0%
FY25 Q4 9.5%
FY26 Q1 0.4%
FY26 Q2 -2.6%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 84 126 100 95 58 56 46 55 48 49 50 130 146 44 83 80 276 314
EBITDA −9 11 −16 2 −20 1 −1 9 8 4 4 43 40 −27 7 −7 60 70
Operating income −11 9 −18 0 −21 0 −2 9 7 4 4 42 40 −28 7 −8 59 69
Net income −12 8 −9 −1 −13 −3 −4 2 2 −2 −2 14 12 −13 −5 −0 14 18
Diluted EPS −$4.03 $2.43 −$2.93 −$0.30 −$3.60 −$0.57 −$0.92 $0.62 $0.53 −$0.71 −$0.60 $7.66 $7.83 −$9.43 −$3.38 −$0.08 $4.35 $2.89
Growth (year on year)
Revenue — +49.3% −20.1% −5.1% −39.6% −3.1% −17.2% +19.9% −14.1% +3.9% +0.6% +162.0% +12.5% −69.7% +86.9% −4.1% +246.2% +126.4%
EBITDA — — −243.5% — — — −166.7% — −13.8% −48.8% +11.2% +878.7% −6.3% −168.6% — −200.6% — +603.4%
Operating income — — −307.8% — — — — — −13.8% −50.6% +10.4% +947.5% −6.5% −170.6% — −216.9% — +644.0%
Net income — — −223.6% — — — — — −9.0% −219.3% — — −16.9% −213.4% — — — —
Diluted EPS — — −220.5% — — — — — −13.5% −233.8% — — +2.2% −220.4% — — — —
Margins
EBITDA margin −10.2% 8.8% −15.9% 1.7% −34.2% 2.5% −2.0% 16.0% 16.1% 7.9% 8.8% 32.8% 27.3% −61.7% 8.9% −9.4% 21.8% 22.3%
Operating margin −13.2% 7.0% −18.1% 0.3% −36.7% 0.5% −3.6% 15.5% 15.6% 7.4% 8.1% 32.5% 27.1% −63.0% 8.3% −10.1% 21.6% 22.1%
Net margin −13.9% 6.0% −9.4% −1.0% −23.2% −4.6% −8.8% 4.1% 4.3% −5.0% −4.1% 10.9% 8.1% −30.2% −6.2% −0.2% 5.2% 5.6%
Free-cash-flow margin 7.9% −28.5% −6.7% 15.3% −15.8% 7.0% −9.3% −16.2% −25.4% −16.2% −31.3% 31.7% 11.8% −54.2% −48.2% 10.3% 9.5% −2.6%
Cash flow
Cash from operations 7 −35 −6 15 −8 4 −4 −9 −12 −7 −15 41 18 −23 −40 9 27 −7
Capital spending 1 1 0 0 1 0 0 0 0 1 0 0 1 1 0 1 1 1
Free cash flow 7 −36 −7 15 −9 4 −4 −9 −12 −8 −16 41 17 −24 −40 8 26 −8
Stock-based pay 7 3 7 1 2 1 1 1 1 1 1 13 16 4 4 5 20 21
Free cash flow after stock pay 0 −38 −14 13 −11 3 −5 −10 −13 −9 −16 29 2 −28 −44 4 6 −29
Balance sheet
Cash 70 44 18 15 13 12 14 15 23 14 8 42 51 29 11 20 57 40
Total debt 0 45 37 26 30 28 29 30 44 44 49 47 43 29 30 35 33 29
Net debt (negative = net cash) −70 1 19 11 17 16 14 14 21 29 41 5 −7 −0 19 15 −24 −11
Diluted shares 3m 5m 5m 5m 5m 6m 6m 5m 8m 5m 5m 5m 5m 1m 2m 6m 6m 6m
Returned to shareholders
Dividends 5 1 2 1 1 1 1 1 1 1 1 0 1 3 2 2 2 4
Buybacks — — 1 — — 0 4 2 1 1 0 2 1 0 0 — — —
Total returned 5 1 4 1 1 2 5 3 2 2 1 2 2 3 2 2 2 4

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

Dividends (TTM)
$4M
Diluted share count
+6.4%
year over year
Total shareholder yield
12.4%
dividends 12.4% + buybacks 0.0% of market value
Dividend payout ratio
23%
of net income paid out

Competitors: side by side with peers

Closest by revenue in investment banking & brokerage
Last 12 months unless stated COHN BULL TIGR SOS PWP SIEB Median
Revenue, last 12 months $314m $571m $612m $154m $776m $105m $2.0bn
Revenue growth, last 12 months 126.4% 46.3% 56.3% −33.3% 2.5% 21.6% 20.7%
Revenue growth, 3-year average 67.1% — — — 7.8% 19.3% 16.2%
Revenue growth, latest quarter 16.1% — — — 52.7% 109.6% 17.4%
Operating margin 22.1% — — −63.9% 5.9% −2.3% −2.3%
Operating margin, 3-year average 8.6% — — — −1.3% 12.0% 9.4%
Net margin 5.6% 4.3% 27.9% −63.1% 4.3% −1.1% 5.8%
Cash from operations / revenue −2.2% 99.2% 215.1% −159.8% 13.9% 14.7% 7.7%
Free-cash-flow margin −2.6% 98.3% 214.2% −159.8% 13.1% 14.1% 5.2%
Free-cash-flow margin, 3-year average 1.0% — 105.0% — 15.9% 13.2% 16.8%
Stock pay / revenue 6.7% 7.7% 2.6% 4.6% 16.0% 1.7% 4.7%
Change in share count 6.4% 186.0% 10.8% 432.8% −12.9% 1.2% 1.2%

Median of all 40 companies we cover in investment banking & brokerage. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

40 investment banking & brokerage companies
Measure Company Peer median Rank
Revenue growth Growth 126.4% 20.8% 3 of 40
Change in growth rate Growth -113.0pp -0.3pp 35 of 40
Operating margin Profitability 22.1% -2.3% 2 of 17
Net margin Profitability 5.6% 6.0% 21 of 40
Stock pay as % of revenue Cash generation 6.7% 4.8% 23 of 36
Change in share count Balance sheet 6.4% 1.2% 21 of 35

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Capital Markets $235M 85.3% ▲ 204.4%
Principal Investing $30M 10.9% —
Asset Management $10.6M 3.9% ▼ 8.7%
Products and services
Line of business Revenue YoY
New Issue and Advisory $188M ▲ 360.1%
Gestational Repo Business $19.2M ▲ 26.8%
Asset Management1 $8.8M ▼ 2.1%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue Share YoY
United States $266M 96.4% ▲ 266.0%
Outside the US $10M 3.6% ▲ 42.0%

From Cohen & Co Inc.'s 10-K filed March 6, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$2.1M
Institutions reporting
14
Shares held vs prior quarter
▲ 37.1%
Positions opened / closed
4 / 3

Top buyers and sellers, Q2 2026: 13 institutions bought and 4 sold ; the biggest buyer was Bridgeway Capital Management, LLC (+17K shares) and the biggest seller Trustees Of Columbia University In The City Of New York (−20K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $425,666 31K 20.1% ▲ 27.0%
Vanguard Capital Management LLC $400,895 30K 19.0% ▲ 26.8%
Two Sigma Investments, LP $360,386 27K 17.1% ▲ 126.6%
Bridgeway Capital Management, LLC $231,458 17K 11.0% New
Geode Capital Management, LLC $182,420 13K 8.6% ▲ 11.1%
Dimensional Fund Advisors LP $174,815 13K 8.3% ▲ 25.4%
Vanguard Fiduciary Trust Co $145,550 11K 6.9% ▲ 60.0%
Citadel Advisors LLC $139,575 10K 6.6% New
Spire Wealth Management $27,160 2K 1.3% ▼ 20.0%
Wells Fargo & Company $19,021 1K 0.9% ▲ 0.1%
Tower Research Capital LLC (TRC) $4,590 0K 0.2% ▲ 19.9%
Barclays PLC $896 0K 0.0% New

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Cohen & Co Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $5.3M 2 trades by 2 insiders, last 12 months Insider sales History → $218,788 4 trades by 1 insider · 0% under pre-set plans
Net ▲ $5.1M net buying
Insider Date Trade Shares Price Value
Pooler Joseph W. Jr. EVP, CFO and Treasurer August 6, 2026 Sell 1,500 $11.50 $17,250
Pooler Joseph W. Jr. EVP, CFO and Treasurer August 5, 2026 Sell 7,295 $11.75 $85,716
Columbus Circle 3 Sponsor Corp Llc 10% owner July 10, 2026 Buy 265,000 $10.00 $2.6M
Pooler Joseph W. Jr. EVP, CFO and Treasurer March 20, 2026 Sell 705 $15.58 $10,984
Pooler Joseph W. Jr. EVP, CFO and Treasurer March 19, 2026 Sell 6,113 $17.15 $104,838
Columbus Circle 2 Sponsor Corp Llc 10% owner February 12, 2026 Buy 265,000 $10.00 $2.6M

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 3, 2026 estimated from the company's past filing pattern, not announced

  • August 3, 2026
  • May 1, 2026
  • March 6, 2026
  • November 4, 2025
  • July 31, 2025
  • May 1, 2025

Recent SEC filings

Data status

When each part of this page on Cohen & Co Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Cohen & Co Inc. in brief

What does Cohen & Co Inc. do?
Cohen & Co Inc. is a US-listed company in the investment banking & brokerage industry. Its financial year ends in December.
What is Cohen & Co Inc.'s stock ticker?
Cohen & Co Inc. trades under the ticker COHN on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Cohen & Co Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Cohen & Co Inc. reported revenue of $314M, 126.4% higher than a year earlier, according to its SEC filings.
What is Cohen & Co Inc.'s free cash flow?
Cohen & Co Inc.'s free-cash-flow margin is -2.6% of revenue over the trailing twelve months.
Who are Cohen & Co Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Capital Management LLC and Two Sigma Investments, LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Cohen & Co Inc.'s market cap?
On November 2, 2026, Cohen & Co Inc.'s market capitalisation was about $61.5M, with a price-to-earnings ratio of 3.5 and net debt of -$11.3M. Market figures come from third-party market data and may be delayed.
Does Cohen & Co Inc. pay a dividend?
Yes: Cohen & Co Inc. paid $4M in dividends over the trailing twelve months, a dividend yield of 12.38% and a payout ratio of 22.5%.
Who are Cohen & Co Inc.'s competitors?
In our Investment Banking & Brokerage peer group, the companies closest to Cohen & Co Inc. are Webull Corp, UP Fintech Holding Ltd, SOS Ltd, Perella Weinberg Partners and Siebert Financial Corp. The side-by-side comparison below sets their revenue, margins and growth against Cohen & Co Inc.'s.
Are insiders buying or selling Cohen & Co Inc. stock?
Over the last 12 months, Cohen & Co Inc.'s directors and officers reported 2 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
When is Cohen & Co Inc.'s next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Cohen & Co Inc. announces its own schedule.