Cohen & Company Q1 2026 Earnings Release with $57.9M Revenue and $0.25 Dividend

Cohen & Company Inc. filed a Form 8-K on May 1, 2026, announcing its first quarter 2026 financial results. The company reported revenue of $57.9 million, a decrease from $102.7 million in the prior quarter but an increase from $28.7 million in the year-ago quarter. Net income attributable to the company was $1.5 million, or $0.42 per diluted share, compared to $8.1 million in the previous quarter. The company's Board of Directors declared a quarterly dividend of $0.25 per share, payable on June 2, 2026. Key performance drivers included strong investment banking revenue of $45.7 million, net trading revenue of $13.2 million, and continued growth in the gestation repo business to $3.9 billion. The company also highlighted the completion of its sponsored SPAC, Columbus Circle Capital Corp. II, which completed a $230 million IPO during the quarter. Total equity stood at $100.1 million as of March 31, 2026.