Logo

COSO

CoastalSouth Bancshares, Inc.

COSO

CoastalSouth Bancshares, Inc. • NYSE
$22.43 ▲ 1.45% (+0.32)
Market Cap $268.69 M
52w High $24.25
52w Low $19.24
Dividend Yield 0%
P/E 9.75
Volume 7.24K
Outstanding Shares 11.98M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $34.99M ▲ $11.856M ▼ $6.741M ▲ 19.266% ▲ $0.57 ▼ $9.489M ▲
Q2-2025 $33.588M ▲ $12.092M ▲ $5.965M ▲ 17.759% ▲ $0.58 ▲ $7.029M ▲
Q1-2025 $31.704M ▲ $11.218M ▲ $5.05M ▼ 15.929% ▼ $0.49 ▼ $6.592M ▲
Q4-2024 $16.989M ▼ $9.636M ▼ $5.704M ▼ 33.575% ▲ $0.54 ▼ $0 ▼
Q3-2024 $35.515M $10.83M $7.884M 22.199% $0.77 $10.768M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $24.946M ▼ $2.255B ▲ $2.005B ▼ $250.438M ▲
Q2-2025 $25.745M ▲ $2.221B ▲ $2.012B ▲ $209.365M ▲
Q1-2025 $19.38M ▼ $2.19B ▲ $1.988B ▲ $202.104M ▲
Q4-2024 $67.961M ▲ $2.099B ▼ $1.903B ▼ $195.232M ▲
Q3-2024 $17.722M $2.129B $1.936B $193.303M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $6.741M ▲ $-5.494M ▲ $-34.746M ▲ $23.229M ▼ $-17.011M ▲ $-5.906M ▲
Q2-2025 $5.965M ▲ $-15.638M ▼ $-64.255M ▼ $24.65M ▲ $-55.243M ▼ $-16.336M ▼
Q1-2025 $5.05M ▼ $0 $0 $0 $0 $0
Q4-2024 $5.704M ▼ $0 $0 $0 $0 $0
Q3-2024 $7.884M $0 $0 $0 $0 $0

Five-Year Company Overview

Income Statement

Income Statement CoastalSouth shows a steady, fairly conservative growth profile. Revenue and core profits have inched up each year, and earnings have generally trended higher over the past five years. Profitability looks solid for a regional bank of its size, with operating and net income moving in the same positive direction as revenue, which suggests decent cost control. The main watchpoint is that earnings per share have bounced around a bit, so results are improving but not in a perfectly smooth line.

Balance Sheet

Balance Sheet The balance sheet has expanded at a healthy, measured pace, indicating gradual growth rather than aggressive balance sheet stretching. Assets have grown, and shareholder equity has steadily increased, which is a good sign of retained strength. Debt levels have moved around over the years but appear quite manageable most recently. Cash on hand looks modest, but that is not unusual for a bank that primarily funds itself through customer deposits, so the quality and stability of those deposits will matter more than the headline cash figure.

Cash Flow

Cash Flow Cash generation has been somewhat uneven, which is common in banking where loan growth, deposit shifts, and rate moves can swing reported cash flows. Operating and free cash flow were solidly positive for a few years in the middle of the period, then dipped negative most recently, likely reflecting changes in lending and funding rather than heavy spending on physical assets. Capital spending is minimal, consistent with an asset‑light, service‑driven banking model. Overall, cash flow looks adequate but not perfectly consistent, so it’s worth tracking how it behaves through different interest rate and credit cycles.

Competitive Edge

Competitive Edge CoastalSouth competes as a community‑focused bank with a national twist. Locally, it leans on relationship banking in growing Southeast markets, aiming to be the responsive, high‑touch alternative to larger, more impersonal institutions. Nationally, it differentiates itself through a set of specialty lending niches—such as senior housing, marine, government‑backed small business lending, and mortgage banker finance—where specialized know‑how creates barriers to entry for generalist banks. This combination of local depth and niche specialization gives it a distinctive position, but it also concentrates risk in a few specialty areas that must be managed carefully as economic conditions change.

Innovation and R&D

Innovation and R&D The bank is not a cutting‑edge fintech player, but it uses technology in a focused, practical way to support its relationship model. Its digital banking platform is comprehensive enough for most retail and business needs, and recent steps like a redesigned website and an AI‑powered chatbot show a willingness to modernize customer interaction. Management appears to favor proven, incremental technology upgrades over big, speculative bets, and board expertise in technology and fintech could support more ambitious moves over time. Future value from innovation will likely come from better digital tools inside its specialty lending platforms and potential partnerships rather than pure in‑house tech disruption.

Summary

Overall, CoastalSouth looks like a steadily growing, specialty‑oriented regional bank with a traditional mindset and selective use of technology. Earnings and equity have moved in the right direction, the balance sheet appears conservatively managed, and cash flow—while somewhat lumpy—has generally supported growth. Its edge comes from deep relationships in its home markets plus specialized lending lines that are harder for generic competitors to replicate. The main things to watch are how it manages credit and concentration risk in its niche portfolios, how stable its funding base remains through cycles, and whether it can keep upgrading its technology in step with customer expectations without overreaching.

NEWS

October 20, 2025 · 10:13 PM UTC

CORRECTING and REPLACING LOGO CoastalSouth Bancshares, Inc. Reports Earnings for Third Quarter 2025

Read more

October 20, 2025 · 7:36 PM UTC

CoastalSouth Bancshares, Inc. Reports Earnings for Third Quarter 2025

Read more

October 16, 2025 · 6:01 PM UTC

Will Rivenbark Joins Coastal States Bank as Executive Vice President, Head of Commercial Real Estate Lending

Read more

September 24, 2025 · 10:00 AM UTC

David DeLucia Joins Coastal States Bank as Vice President, Business Banker

Read more

September 19, 2025 · 10:00 AM UTC

Carol Stone of Coastal States Bank Inducted into the Home Builders Association of Georgia Hall of Fame

Read more