J.V.B. Financial Group Secures Extended Loan Agreement with Byline Bank

Reuters

06-23

J.V.B. Financial Group Secures Extended Loan Agreement with Byline Bank

J.V.B. Financial Group, LLC, a broker dealer and indirect subsidiary of Cohen & Company Inc., has entered into a significant amendment to its existing loan agreement with Byline Bank. As of June 18, 2025, the Third Amendment to the Third Amended and Restated Loan Agreement has been enacted, extending the maturity date for loans from June 18, 2025, to June 18, 2026. Additionally, the amendment reduces the required Excess Net Capital from $40 million to $30 million. This strategic move aims to provide J.V.B. Financial Group with enhanced financial flexibility while maintaining its operational commitments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cohen & Company Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-061304), on June 23, 2025, and is solely responsible for the information contained therein.

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