Cohen & Co. Shares Rise as Investment Bank Drives 2Q Results

Dow Jones

Aug 03

Cohen & Co. shares rose after the company said it saw higher revenue and earnings in the second quarter.

The stock was 11% higher, at $14.70, in morning trade, and is 29% higher in the past 12 months.

The company said it had quarterly earnings of $3.6 million, or 94 cents a share, compared with earnings of $1.4 million, or 81 cents a share, in the same quarter last year.

Revenue for the quarter was $69.5 million, compared with last year's $59.9 million.

The company said its second-quarter results were driven by its full-service boutique investment bank, Cohen & Company Capital Markets. Investment banking and new issue revenue was $54.1 million for the quarter, up $8.3 million from the prior quarter and up $9.9 million from the prior year.

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Shares Rise as Investment Bank Drives 2Q Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-08-03 22:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/COHN\">Cohen &amp;</a>amp; Co. shares rose after the company said it saw higher revenue and earnings in the second quarter. \n</p>\n<p>\n  The stock was 11% higher, at $14.70, in morning trade, and is 29% higher in the past 12 months. \n</p>\n<p>\n  The company said it had quarterly earnings of $3.6 million, or 94 cents a share, compared with earnings of $1.4 million, or 81 cents a share, in the same quarter last year. \n</p>\n<p>\n  Revenue for the quarter was $69.5 million, compared with last year's $59.9 million. \n</p>\n<p>\n  The company said its second-quarter results were driven by its full-service boutique investment bank, Cohen &amp; Company Capital Markets. 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