Cohen & co inc. (COHN)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues
Net trading

-

-

-

-

31,026

28,056

38,528

-

-

-

-

Net trading

-

-

-

-

-

-

-

69,486

73,167

70,809

44,165

Asset management

-

-

-

-

9,682

14,496

19,239

23,172

21,698

-

-

New issue and advisory

-

-

-

-

5,370

5,219

6,418

5,021

3,585

-

-

Asset management

-

-

-

-

-

-

-

-

-

25,281

31,148

New issue and advisory

-

-

-

-

-

-

-

-

-

3,778

1,816

Principal transactions and other income

2,103

4,573

6,396

4,667

78

7,979

-6,668

-2,439

1,881

25,684

6,957

Total revenues

49,666

49,386

47,542

55,348

46,156

55,750

57,517

95,240

100,331

125,552

84,086

Operating expenses
Compensation and benefits

25,972

25,385

22,527

31,132

28,028

29,764

47,167

62,951

78,227

77,446

70,519

Business development, occupancy, equipment

3,402

2,995

2,723

2,595

3,388

3,896

5,817

5,795

6,565

5,470

5,469

Subscriptions, clearing, and execution

9,682

8,627

7,296

6,425

7,164

8,516

10,822

11,446

12,025

8,734

4,949

Professional fee and other operating

6,251

8,459

7,345

6,319

-

-

-

-

-

-

-

Professional fee and other operating

-

-

-

-

8,504

9,062

13,410

13,448

19,441

17,197

11,717

Depreciation and amortization

318

261

249

291

733

1,103

1,405

1,305

2,238

2,356

2,543

Impairment of goodwill

-

-

-

-

-

3,121

-

-

-

5,607

-

Total operating expenses

45,625

45,727

40,140

46,762

47,817

55,462

78,621

94,945

118,496

116,810

95,197

Operating income (loss)

4,041

3,659

7,402

8,586

-1,661

288

-21,104

295

-18,165

8,742

-11,111

Non-operating income (expense)
Interest expense, net

-7,584

-8,487

-6,178

-

-

-

-

-

-

-

-

Interest expense, net

-

-

-

4,735

3,922

4,401

4,193

3,732

-

-

-

Interest expense, net

-

-

-

-

-

-

-

-

5,976

7,686

4,974

Other income / (expense)

-

-

-

-

-

-

-15

-4,271

33

971

-

Gain on repurchase of debt

-

-

-

-

-

-

-

-

-

2,555

-

Gain on sale of management contracts

-

-

-

-

-

-

-

-

-

-

7,746

Income (loss) from equity method affiliates

-553

-

-

-

-

27

1,828

5,052

6,232

5,884

-3,455

Income (loss) before income tax expense (benefit)

-4,096

-4,828

1,224

3,851

-5,583

-4,086

-23,484

-2,656

-17,876

10,466

-11,794

Income tax expense (benefit)

-523

-841

-1,211

422

85

-414

-3,565

-615

-1,149

-749

9

Net income (loss)

-3,573

-3,987

2,435

3,429

-5,668

-3,672

-19,919

-2,041

-16,727

11,215

-11,803

Less: Net income (loss) attributable to the non-controlling interest

-1,519

-1,524

371

1,162

-1,589

-1,087

-6,601

-1,073

-7,339

3,620

-98

Net income (loss) attributable to Cohen & Company Inc.

-2,054

-2,463

2,064

2,267

-4,079

-2,585

-13,318

-968

-9,388

7,595

-11,705

Income (loss) per share data (see note 20):
Income (loss) per common share-basic:
Basic income (loss) per common share

-1.81

-2.14

1.71

1.86

-2.76

-0.17

-1.08

-0.09

-0.88

0.73

-1.21

Weighted average shares outstanding-basic

1,136

1,152

1,206

1,219

1,479

14,998

12,340

10,732

10,631

10,404

9,639

Income (loss) per common share-diluted:
Diluted income (loss) per common share

-1.81

-2.14

1.60

1.85

-2.76

-0.17

-1.08

-0.09

-0.88

0.73

-1.21

Weighted average shares outstanding-diluted

1,681

1,684

2,592

1,763

2,011

20,322

17,664

15,984

15,901

15,687

9,639

Dividends declared per common share

0.40

0.80

0.80

0.80

0.80

0.08

0.08

0.08

0.20

0.10

-

Comprehensive income (loss)
Net income (loss)

-3,573

-3,987

2,435

3,429

-5,668

-3,672

-19,919

-2,041

-16,727

11,215

-11,803

Other comprehensive income (loss) item:
Foreign currency translation adjustments, net of tax of $0

-2

-118

309

-276

-219

-168

-30

216

62

-126

-

Other comprehensive income (loss), net of tax of $0

-2

-118

309

-276

-219

-168

-30

216

62

-126

-

Comprehensive income (loss)

-3,575

-4,105

2,744

3,153

-5,887

-3,840

-19,949

-1,825

-16,665

11,089

-

Less: comprehensive income (loss) attributable to the non-controlling interest

-1,518

-1,562

461

1,076

-1,647

-1,129

-6,617

-1,011

-7,320

3,577

-

Comprehensive income (loss) attributable to Cohen & Company Inc.

-2,057

-2,543

2,283

2,077

-4,240

-2,711

-13,332

-814

-9,345

7,512

-

Net Trading [Member]
Total revenue

38,172

29,298

26,909

39,105

-

-

-

-

-

-

-

Asset Management [Member]
Total revenue

7,560

12,536

7,897

8,594

-

-

-

-

-

-

-

New Issue And Advisory [Member]
Total revenue

1,831

2,979

6,340

2,982

-

-

-

-

-

-

-