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CoastalSouth Bancshares Redeems Subordinated Notes

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CoastalSouth Bancshares Redeems Subordinated Notes

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CoastalSouth Bancshares ( (COSO) ) has issued an update.

On September 15, 2025, CoastalSouth Bancshares, Inc. redeemed all of its outstanding 5.95% Fixed to Floating Rate Subordinated Notes due 2030. The redemption of these notes, originally issued in 2020 with a principal amount of $15,000,000, was executed at a price equal to 100% of the principal amount plus any accrued and unpaid interest, potentially impacting the company’s financial strategy and stakeholder interests.

The most recent analyst rating on (COSO) stock is a Buy with a $26.00 price target. To see the full list of analyst forecasts on CoastalSouth Bancshares stock, see the COSO Stock Forecast page.

More about CoastalSouth Bancshares

Average Trading Volume: 27,431

Technical Sentiment Signal: Buy

Current Market Cap: $330M

See more data about COSO stock on TipRanks’ Stock Analysis page.

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