CoastalSouth Bancshares, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $322.5M
- Price
- $26.98
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.07%
- Volume
- 11.5K
About
CoastalSouth Bancshares, Inc. (COSO) serves as the bank holding company for CoastalStates Bank, offering a diverse array of banking products and services to both retail and commercial clientele. Customers can access a range of deposit products, including checking, savings, money market accounts, certificates of deposit, and individual retirement accounts. Its lending options span residential mortgages, home equity loans, cash value lines of credit, commercial and government-backed financing, and mortgage banker finance. The bank also provides debit and credit cards. Additional offerings feature customized and private banking, treasury management solutions, and convenient digital and telephone banking access. Retail banking branches are situated across Hilton Head Island/Bluffton, South Carolina, and in Savannah and the north metro Atlanta area of Georgia. Founded in 2003, its corporate headquarters are located in Hilton Head Island, South Carolina.
Quick stats
Shares outstanding12.0M
Computed float7.4M
Float / shares61.8%
Key info
SectorFinancial Services
IndustryBanks - Regional
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001297107
AI Summary
AI-generated1/6
majorbullishearnings
CoastalSouth Bancshares, Inc. Reports Earnings for Second Quarter 2026
CoastalSouth Bancshares reported Q2 2026 net income of $7.3 million, or $0.59 per diluted share, an increase from $6.0 million in the prior year quarter. Net interest margin expanded 20 basis points year-over-year to 3.66%, supported by a cost of funds that decreased 30 basis points.
The Board declared a quarterly dividend of $0.05 per share and repurchased 48,491 shares during the quarter at a weighted-average price of $25.48. Loan production reached $181.6 million, driving a $78.1 million increase in loans held for investment.
Asset quality remained strong with nonperforming assets at 0.76% of total assets and net charge-offs at just 0.01%. Total assets grew 5% year-to-date to $2.42 billion.