📊 COHN Key Takeaways
Investment Thesis
Cohen & Co demonstrates strong revenue growth (+611.4% YoY) and solid operating profitability with a 21.6% operating margin, but significant concerns around margin compression (net income declined 64% YoY despite massive revenue growth) and weak interest coverage (1.7x) limit conviction. The company shows reasonable free cash flow generation and acceptable leverage, but the disconnect between revenue growth and net income decline suggests operational or cost structure challenges requiring clarification.
COHN Strengths
- Exceptional revenue growth of 611.4% YoY indicates strong market demand and business expansion
- Strong operating margin of 21.6% demonstrates operational efficiency at the core business level
- Healthy free cash flow generation of $26.1M (9.5% FCF margin) provides financial flexibility
- Solid ROE of 28.3% indicates efficient use of shareholder capital
- Moderate leverage with debt-to-equity ratio of 0.64x suggests conservative capital structure
COHN Risks
- Net income declined 64% YoY despite 611.4% revenue growth, indicating severe margin compression and potential cost control issues
- Weak interest coverage ratio of 1.7x provides minimal debt service cushion and limits financial flexibility
- ROA of only 2.1% is concerning given $700.6M in total assets, suggesting inefficient asset utilization or asset quality concerns
- Elevated insider activity (10 Form 4 filings in 90 days) may indicate opportunistic selling or leadership transitions
- High leverage in a broker-dealer sector (liabilities of $597.5M vs equity of $51.1M) increases sensitivity to market dislocations
Key Metrics to Watch
- Net margin trajectory and reconciliation of revenue growth vs. net income decline drivers
- Interest coverage ratio sustainability and debt service capacity
- Asset composition and ROA improvement as company scales
- Operating cash flow consistency and working capital management
- Insider transaction patterns and any leadership changes
COHN Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
COHN Profitability Ratios
COHN vs Finance Sector
How Cohen & Co Inc. compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
COHN Balance Sheet & Liquidity
COHN 5-Year Financial Trend
5-Year Trend Summary: Cohen & Co Inc.'s revenue has grown significantly by 88% over the 5-year period, indicating strong business expansion. The most recent EPS of $-3.38 indicates the company is currently unprofitable.
COHN Growth Metrics (YoY)
COHN Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $31.7M | $1.8M | $1.12 |
| Q2 2025 | $10.8M | -$326.0K | $-0.20 |
| Q1 2025 | $18.6M | $329.0K | $0.19 |
| Q3 2024 | $17.1M | -$423.0K | $-0.28 |
| Q2 2024 | $10.8M | -$326.0K | $-0.20 |
| Q1 2024 | $8.8M | $2.0M | $1.28 |
| Q3 2023 | $17.1M | -$423.0K | $-0.28 |
| Q2 2023 | $8.5M | -$1.9M | $-1.53 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
COHN Capital Allocation
COHN SEC Filings
Access official SEC EDGAR filings for Cohen & Co Inc. (CIK: 0001270436)
📋 Recent SEC Filings
❓ Frequently Asked Questions about COHN
What is the AI rating for COHN?
Cohen & Co Inc. (COHN) has an AI rating of HOLD with 62% confidence, based on fundamental analysis of SEC EDGAR filings.
What are COHN's key strengths?
Exceptional revenue growth of 611.4% YoY indicates strong market demand and business expansion. Strong operating margin of 21.6% demonstrates operational efficiency at the core business level.
What are the risks of investing in COHN?
Net income declined 64% YoY despite 611.4% revenue growth, indicating severe margin compression and potential cost control issues. Weak interest coverage ratio of 1.7x provides minimal debt service cushion and limits financial flexibility.
What is COHN's revenue and growth?
Cohen & Co Inc. reported revenue of $275.6M.
Does COHN pay dividends?
Cohen & Co Inc. pays dividends, with $2.1M distributed to shareholders in the trailing twelve months.
Where can I find COHN SEC filings?
Official SEC filings for Cohen & Co Inc. (CIK: 0001270436) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is COHN's EPS?
Cohen & Co Inc. has a diluted EPS of $4.35.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.