📊 COHN Key Takeaways
Is Cohen & Co Inc. (COHN) a Good Investment?
Cohen & Co demonstrates impressive 611% revenue growth and positive operating income, but fundamental financial health is deteriorating with severe negative operating cash flow of -31.2M despite 1.5M accounting net income, indicating serious earnings quality concerns. Combined with extremely low ROE of 2.9%, tight interest coverage of 1.3x, and high leverage relative to a thin 51.5M equity base, the company exhibits financial stress incompatible with sustainable operations.
Cohen & Co. shows strong top-line expansion, solid operating profitability, and positive free cash flow generation, which indicates the core business had meaningful momentum in the latest period. However, the sharp decline in net income despite revenue growth, thin net margins, and weak interest coverage suggest that earnings quality and balance-sheet resilience are not strong enough to support a more aggressive rating.
Cohen & Co Inc. Key Strengths (COHN)
- Exceptional revenue growth of 611% YoY demonstrates significant market traction or business expansion
- Positive operating income of 5.1M and net income of 1.5M establish underlying profitability
- Moderate debt-to-equity ratio of 0.55x indicates reasonable leverage levels for the sector
- Revenue grew 611.4% year over year, indicating a major expansion in business activity
- Operating margin of 21.6% and ROE of 28.3% reflect strong core profitability relative to equity
- Positive operating cash flow of $27.35M and free cash flow of $26.10M support financial flexibility
COHN Stock Risks: Cohen & Co Inc. Investment Risks
- Critical mismatch between accounting earnings (+1.5M net income) and negative operating cash flow (-31.2M) suggests earnings quality issues or unsustainable growth financed through debt/working capital changes
- Extremely low returns on equity (2.9%) and assets (0.2%) reveal severe capital inefficiency despite rapid topline growth
- Dangerously tight interest coverage of 1.3x combined with high leverage relative to thin equity base (51.5M vs 584M liabilities) creates acute refinancing and solvency risk
- Net income fell 64.0% year over year, showing that revenue growth did not translate into stronger bottom-line results
- Interest coverage of 1.7x indicates limited cushion to service financing costs if operating conditions weaken
- Net margin of 5.2% and ROA of 2.1% suggest modest overall earnings efficiency relative to the asset base
Key Metrics to Watch
- Operating cash flow trajectory - must achieve positive OCF to validate earnings sustainability
- Return on equity improvement - current 2.9% is critically low and must accelerate significantly
- Interest coverage ratio and total debt levels - 1.3x coverage is inadequate and leaves no margin for operational deterioration
- Net income and net margin conversion versus revenue growth
- Interest coverage and operating cash flow sustainability
Cohen & Co Inc. (COHN) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
COHN Profit Margin, ROE & Profitability Analysis
COHN vs Finance Sector: How Cohen & Co Inc. Compares
How Cohen & Co Inc. compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Cohen & Co Inc. Stock Overvalued? COHN Valuation Analysis 2026
Based on fundamental analysis, Cohen & Co Inc. has mixed fundamental signals relative to the Finance sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Cohen & Co Inc. Balance Sheet: COHN Debt, Cash & Liquidity
COHN Revenue & Earnings Growth: 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 Revenue Growth, EPS Growth & YoY Performance
COHN Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $28.7M | $329.0K | $0.19 |
| 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 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Cohen & Co Inc. Dividends, Buybacks & Capital Allocation
COHN SEC Filings: Latest 10-K & 10-Q Analysis
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 a Combined AI Grade of C from Claude (C) and ChatGPT (B) with 73% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are COHN's key strengths?
Claude: Exceptional revenue growth of 611% YoY demonstrates significant market traction or business expansion. Positive operating income of 5.1M and net income of 1.5M establish underlying profitability. ChatGPT: Revenue grew 611.4% year over year, indicating a major expansion in business activity. Operating margin of 21.6% and ROE of 28.3% reflect strong core profitability relative to equity.
What are the risks of investing in COHN?
Claude: Critical mismatch between accounting earnings (+1.5M net income) and negative operating cash flow (-31.2M) suggests earnings quality issues or unsustainable growth financed through debt/working capital changes. Extremely low returns on equity (2.9%) and assets (0.2%) reveal severe capital inefficiency despite rapid topline growth. ChatGPT: Net income fell 64.0% year over year, showing that revenue growth did not translate into stronger bottom-line results. Interest coverage of 1.7x indicates limited cushion to service financing costs if operating conditions weaken.
What is COHN's revenue and growth?
Cohen & Co Inc. reported revenue of $57.9M.
Does COHN pay dividends?
Cohen & Co Inc. pays dividends, with $4.2M 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 $0.42.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is COHN's fundamental grade?
Based on our AI fundamental analysis in June 2026, Cohen & Co Inc. has a C grade with 73% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is COHN stock overvalued or undervalued?
Valuation metrics for COHN: ROE of 2.9% (sector avg: 12%), net margin of 2.6% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.
What is COHN's AI grade for 2026?
Our dual AI analysis gives Cohen & Co Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is COHN's free cash flow?
Cohen & Co Inc.'s operating cash flow is $-31.2M, with capital expenditures of $328.0K. FCF margin is -54.5%.
How does COHN compare to other Finance stocks?
Vs Finance sector averages: Net margin 2.6% (avg: 25%), ROE 2.9% (avg: 12%), current ratio N/A (avg: 1.2).