Cohen & Company Reports Fourth Quarter & Full Year 2024 Financial Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 10 2025
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Source: Globenewswire
Financial Performance Overview: Cohen & Company reported a net loss of $2.0 million for Q4 2024, with total revenues of $18.5 million, a decrease from both the previous quarter and the same quarter last year. The company's adjusted pre-tax loss was $7.7 million, reflecting challenges in new issue and advisory revenue.
Business Growth and Future Outlook: Despite the financial losses, CEO Lester Brafman highlighted growth in their mortgage business and an increase in market share for their investment banking services, expressing confidence in future earnings potential and commitment to maintaining quarterly dividends.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
