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C & CO COHEN & COMPANY REPORTS SECOND QUARTER 2021 FINANCIAL RESULTS AND ANNOUNCES RESUMPTION OF QUARTERLY DIVIDEND COHEN & COMPANY Second Quarter Net Income Attributable to Cohen & Company Inc. of $ 1.7 Million , or $ 1.21 per Diluted Share ( $ in thousands ) Second Quarter Adjusted Pre - Tax Income of $ 3.7 Million , or $ 0.78 per Diluted Share Reinstating Quarterly Cash Dividend ; Board Declares Dividend of $ 0.25 per Share Philadelphia and New York , July 29 , 2021 - Cohen & Company Inc. ( NYSE American : COHN ) , a financial services firm specializing in fixed income markets and , more recently , in SPAC markets , today reported financial results for its second quarter ended June 30 , 2021 . Summary Operating Results Total revenues Compensation and benefits Non - compensation operating expenses Operating income Interest expense , net Other non - operating income Income ( loss ) from equity method affiliates Income ( loss ) before income tax expense ( benefit ) Income tax expense ( benefit ) Net income ( loss ) Less : Net income ( loss ) attributable to the convertible non - controlling interest Less : Net income ( loss ) attributable to the non - convertible non - controlling interest Net income ( loss ) attributable to Cohen & Company Inc. Fully diluted net income ( loss ) per share Adjusted pre - tax income ( loss ) Fully diluted adjusted pre - tax income ( loss ) per share Three Months Ended 1 6/30/21 3/31/21 $ 10,066 14,190 4,949 ( 9,073 ) ( 1,782 ) 2,127 $ 102,676 26,647 5,584 70,445 ( 2,014 ) 5,490 ( 3,238 ) ( 43 ) ( 3,195 ) 4,119 ( 9,039 ) $ 1,725 $ 1.21 $ 6.98 $ 3,674 $ 0.78 ( 835 ) 6/30/20 $ 37,626 $ 7.52 $ 24,119 11,324 4,869 7,926 ( 3,081 ) 67,596 868 66,728 27,403 29,970 $ 9,355 $ ( 1,233 ) 3,612 343 3,269 3,107 ( 739 ) 901 $ 0.69 $ 4,351 $ 0.94 Net income attributable to Cohen & Company Inc. was $ 1.7 million , or $ 1.21 per diluted share , for the three months ended June 30 , 2021 , compared to $ 9.4 million , or $ 6.98 per diluted share , for the three months ended March 31 , 2021 , and $ 0.9 million , or $ 0.69 per diluted share , for the three months ended June 30 , 2020. Adjusted pre - tax income was $ 3.7 million , or $ 0.78 per diluted share , for the three months ended June 30 , 2021 , compared to $ 37.6 million , or $ 7.52 per diluted share , for the three months ended March 31 , 2021 , and $ 4.4 million , or $ 0.94 per