We'll our you, statement with start Thank Lester. of operations.
diluted for of prior a $X $X.XX and $X.XX Our $X.XX diluted or & to quarter diluted for net $X.X share Cohen loss prior compared the fully million the of loss net net quarter or million $XXX,XXX to fully Inc. per was or Company, fully share for per share. quarter income year attributable per the
in accepted the $X.X and for our pretax was $X.X U.S. calculations the $X.X income adjusted compared million prior Note income that loss of recognized a prior income surrounding and earnings reconciliations adjusted and adjusted quarter year See adjusted generally pretax loss quarter. income for the disclosures, not principles. pretax for quarter and accounting Our under loss is million measure to pretax adjusted million release. pretax of our
Fourth in public Principal revenue The our and transactions market losses has our adjustments positions balance revenue to post-business other other in principal combination in quarter resulted to related was the our revenue increased income transactions holdings due $XX includes value was fair transactions million investments classified of principal mark-to-market SPAC portfolio earned gains $X.X primarily equity million. companies. investment XXXX which investments other and on involvement and at and on principal negative all as our negative sheet. on
higher quarter, quarter from year quarter to groups, increase was million lower came Net at $X.X 'XX. the corporate million and from primarily prior up $X.X trading groups. trading to revenue the of revenue trading from the from in municipal third from due the in revenue The fourth the and the fourth primarily $X.X due bond our was quarter decrease million down our while mortgage from quarter and mortgage prior
ago New million and in quarter. million from a the revenue from $X.X issuance the year quarter, was third quarter fourth $X the decrease advisory $XX million of
$X.X fourth banking revenue. investment Markets Capital the During Cohen quarter, generated million our Company & group, of
Europe $XXX,XXX. The generated team $X.X team estate real million origination Origination and the Insurance commercial [ph] generated
The in XX September which that was quarter in that by the quarter. $X.X were million quarter. prior Compensation due of the prior year incentive for fourth million CDO benefits decrease and recorded both Alesco prior $X resulting incentive management and subordinated prior of to auction the year employees XXX quarter revenue as The was $X.X quarters an from was the variable due from number related year fees management was asset $X.X of December the end of to the successful revenue the and from prior as of of of the primarily arrears compared funds in XXXX company compensation. and allocation quarter million down from primarily XX, which the in expense and due million totaled prior the quarter the year. Our the quarter to the of 'XX in of was end million XXX of down of $X.X from quarter. prior manager earned XXX to 'XX our September primarily SPAC fluctuations and 'XX The at was decrease the
of million line, was $X.X our expense totaled interest quarter instrument. all credit on interest recorded third our in instruments, item. $X.X quarter loss of our line charge by noncontrolling Corp Net equity of related from the on which million X preferred our our a offset That million the $X.X million notes, the by liquidation a the $XX,XXX $X.X offset fourth $X.X net credit SPAC, million a to partially to on sponsored [ph]. includes loss trust method $X.X related is attributable reduction X million for 'XX nonconvertible financial $XXX,XXX Loss senior Insu-Acquisition of including debt income to during $XX,XXX redeemable affiliates the
was to income benefit and quarter, $X.X $X.X in million quarter. of tax in the compared tax fourth expense $X.X income prior the the million quarter million During year prior
to adjustments loss our will against Future our and going could and We loss material tax operating result be in expense. to tax tax additional quarterly could capital basis assets our forward. net on and valuation continue benefit allowances or evaluate may a additional net adjustments operations make applied
million. nonconvertible the was 'XX. $X.X at our redeemable million interest were $XX the equity total excluding of was end at consolidated at was million our At of of December corporate nonconvertible balance end the of interest as million million and end XX, a of 'XX. component, end, of was prior the million $XXX.X 'XX decrease the at $XX.X to at of at indebtedness the the sheet, 'XX, $XX.X instruments total quarter at million of $XX,XXX The equity noncontrolling $XX terms compared million equity, Thus, end carried the year. end $XXX.X the financial 'XX, carried component $XX total from In noncontrolling and
we of 'XX. as quarter quarterly by Directors stockholders and March As share Lester evaluate X, quarterly Board to and per of of dividend impacted regarding mentioned, of April XXXX, dividend decisions future each declared of will be the capital may the results operating dividends a policy XX on record $X.XX have payable continue to The needs. company's
turn With for that, back closing to I Lester will it remarks.
