Cohen & Company Inc. (COHN) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.496 Good morning, ladies and gentlemen, and welcome to Cohen & Company's fourth quarter 2024 00:00:04.496 -- 00:00:09.181 earnings call. My name is Sherry, and I will be your operator for today. 00:00:09.181 -- 00:00:14.747 Before we begin, Cohen & Company would like to remind everyone that some of the statements 00:00:14.747 -- 00:00:19.913 the company makes during this call contain forward-looking statements under 00:00:19.913 -- 00:00:25.279 applicable security laws. These statements may involve risks and uncertainties 00:00:25.279 -- 00:00:30.804 that could cause the company's actual results to differ materially from the results discussed 00:00:30.804 -- 00:00:35.550 in such forward-looking statements. The forward-looking statements made during the call 00:00:35.550 -- 00:00:40.756 are made only as of the date of this call, and the company undertakes no obligation to 00:00:40.756 -- 00:00:46.223 update such statements to reflect subsequent events or circumstances. 00:00:46.223 -- 00:00:50.248 Cohen & Company advises you to read the questionnaire note regarding forward-looking 00:00:50.248 -- 00:00:55.514 statements and its earnings release in its most recent annual report 00:00:55.514 -- 00:01:01.443 on Form 10-K filed with the SEC. Earlier today, Cohen & Company 00:01:01.443 -- 00:01:08.053 issued a press release announcing fourth quarter and full year 2024 financial results. 00:01:08.053 -- 00:01:13.260 Today's discussion is complementary to that press release, which is available 00:01:13.260 -- 00:01:17.343 on the company's website at cohenandcompany.com. 00:01:17.627 -- 00:01:22.113 This conference call is being recorded and the replay will be available for three days 00:01:22.113 -- 00:01:25.958 beginning shortly after the con...