Cohen & Company Sets Release Date for First Quarter 2021 Financial Results

Rhea-AI Summary

Cohen & Company Inc. (NYSE American: COHN) is set to release its first quarter 2021 financial results on May 6, 2021. The Company will hold a conference call at 11:00 a.m. ET to discuss these results. This call will be accessible via webcast on the Company's homepage. Cohen & Company specializes in financial services, particularly in fixed income and SPAC markets, managing approximately $2.4 billion in assets as of March 31, 2021. A significant portion (67.7%) of its assets under management consists of collateralized debt obligations.

Positive

• Cohen & Company manages approximately $2.4 billion in assets, indicating solid portfolio management.
• 67.7% of managed assets are in collateralized debt obligations, suggesting stability in asset performance.

Negative

• None.

PHILADELPHIA and NEW YORK, May 04, 2021 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN) will release its financial results for the first quarter 2021 on Thursday, May 6, 2021. The Company will host a conference call at 11:00 a.m. Eastern Time (ET) that morning to discuss these results.

The conference call will be available via webcast. Interested parties can access the webcast by clicking the webcast link on the Company’s homepage at www.cohenandcompany.com. Those wishing to listen to the conference call with operator assistance can dial (877) 686-9573 (domestic) or (706) 643-6983 (international), with participant pass code 3559203, or request the Cohen & Company earnings call. A replay of the call will be available for one week following the call by dialing (800) 585-8367 or (404) 537-3406, participant pass code 3559203.

About Cohen & Company

Cohen & Company is a financial services company specializing in fixed income markets and, more recently, in SPAC markets. It was founded in 1999 as an investment firm focused on small-cap banking institutions but has grown to provide an expanding range of capital markets and asset management services. Cohen & Company’s operating segments are Capital Markets, Asset Management, and Principal Investing. The Capital Markets segment consists of fixed income sales, trading, and matched book repo financing as well as new issue placements in corporate and securitized products, and advisory services, operating primarily through Cohen & Company’s subsidiaries, J.V.B. Financial Group, LLC in the United States and Cohen & Company Financial (Europe) Limited in Europe. The Asset Management segment manages assets through collateralized debt obligations, managed accounts, and investment funds. As of March 31, 2021, the Company managed approximately $2.4 billion in primarily fixed income assets in a variety of asset classes including US and European trust preferred securities, subordinated debt, and corporate loans. As of March 31, 2021, 67.7% of the Company’s assets under management were in collateralized debt obligations that Cohen & Company manages, which were all securitized prior to 2008. The Principal Investing segment is comprised primarily of investments the Company holds related to its SPAC franchise and other investments the Company has made for the purpose of earning an investment return rather than investments made to support its trading, matched book repo, or other capital markets business activity. For more information, please visit www.cohenandcompany.com.

Contact:

Investors -	Media -
Cohen & Company Inc.	Joele Frank, Wilkinson Brimmer Katcher
Joseph W. Pooler, Jr.	Jim Golden or Andrew Squire
Executive Vice President and	212-355-4449
Chief Financial Officer	jgolden@joelefrank.com or asquire@joelefrank.com
215-701-8952
investorrelations@cohenandcompany.com

 

FAQ

When will Cohen & Company announce its first quarter 2021 financial results?

Cohen & Company will announce its first quarter 2021 financial results on May 6, 2021.

What time is the conference call for Cohen & Company's Q1 2021 results?

The conference call for Cohen & Company's Q1 2021 results is scheduled for 11:00 a.m. ET on May 6, 2021.

How can I access the webcast for Cohen & Company's earnings call?

The webcast for Cohen & Company's earnings call can be accessed on the Company’s homepage.

What is the current asset management of Cohen & Company as of March 31, 2021?

As of March 31, 2021, Cohen & Company managed approximately $2.4 billion in assets.

What percentage of Cohen & Company's managed assets are in collateralized debt obligations?

67.7% of Cohen & Company's managed assets are in collateralized debt obligations.