Cohen

Q2 FY2026 EarningsQ2 FY26 results significantly outperformed consensus across all headline metrics, driven by an exceptional 72.43% revenue beat relative to expectations. GAAP EPS of $0.94 beat the $0.35 mean estimate by 168.57%, while Total Revenue reached $69.5M vs. the $40.3M expected. The outperformance was primarily fueled by Cohen & Company Capital Markets (CCM), particularly in the SPAC and de-SPAC advisory sector, combined with robust momentum in Investment Banking and Net Trading.