Cohen & Company Inc. (COHN) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.274 Good morning, ladies and gentlemen, and welcome to Cohen and Company's second quarter 00:00:04.274 -- 00:00:09.297 2026 earnings call. My name is Sherry, and I will be your operator for today. 00:00:09.297 -- 00:00:14.440 Before we begin, Cohen and Company would like to remind everyone that some of the statements 00:00:14.440 -- 00:00:20.103 made, statements the company makes during this call may contain forward-looking statements 00:00:20.103 -- 00:00:25.366 under applicable securities laws. These statements may involve risks and uncertainties 00:00:25.366 -- 00:00:31.010 that could cause the company's actual results to differ materially from the results discussed 00:00:31.010 -- 00:00:35.993 in such forward-looking statements. The forward-looking statements made during this call 00:00:35.993 -- 00:00:41.157 are made only as of the date of this call, and the company undertakes no obligation to 00:00:41.157 -- 00:00:46.200 update such statements to reflect subsequent events or circumstances. 00:00:46.562 -- 00:00:51.105 Cohen and Company advises you to read the questionnaire note regarding forward-looking 00:00:51.105 -- 00:00:56.249 statements in its earnings release and in its most recent annual report on 00:00:56.249 -- 00:01:01.786 Form 10-K filed with the SEC. Earlier today, Cohen and Company 00:01:01.786 -- 00:01:07.329 issued a press release announcing the second quarter 2026 financial results. 00:01:07.329 -- 00:01:10.491 Today's discussion is complementary 00:01:10.491 -- 00:01:16.073 to that press release, which is available on the company's website at cohenandcompany.com. 00:01:16.114 -- 00:01:20.716 This conference call is being recorded, and a replay of it will be available for three 00:01:20.716 -- 00:01:24.578 days b...