Cohen & Company reports Q1 2026 net income of $1.5M and declares $0.25 quarterly dividend

Cohen & Company Inc. reported a net income of $1.5 million, or $0.42 per diluted share, for Q1 2026, down from $8.1 million in the previous quarter but up from $0.3 million a year ago. Revenue for the quarter was $57.9 million, driven by investment banking and new issue activities, despite a decline from the prior quarter which included a significant SPAC business combination. The company’s gestation repo business grew to $3.9 billion, and its sponsored SPAC completed a $230 million IPO. The board declared a quarterly dividend of $0.25 per share, signaling confidence in future earnings and commitment to shareholder returns.