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CoastalSouth Bancshares ( (COSO) ) just unveiled an announcement.
CoastalSouth Bancshares, Inc., the parent of Coastal States Bank, reported on April 20, 2026 that first-quarter 2026 net income was $6.3 million, or $0.51 per diluted share, down from $7.1 million in the fourth quarter of 2025 but up from $5.1 million a year earlier. The board also declared a quarterly cash dividend of $0.05 per share on April 17, 2026, payable on May 28, 2026 to shareholders of record as of May 14, 2026.
The quarter was marked by strong core deposit growth of $117.9 million, allowing the bank to shrink brokered certificates of deposit by $48.4 million and support $166.7 million in new loans held for investment, while net interest margin held essentially stable at 3.59% despite recent interest rate cuts. Total assets rose to $2.35 billion, credit quality remained solid with net charge-offs at 0.01% and nonperforming assets at 0.77% of total assets, and book value and tangible book value per share both increased, underscoring continued balance sheet strength even as higher expenses and lower noninterest income pressured quarterly profitability.
The most recent analyst rating on (COSO) stock is a Buy with a $29.00 price target. To see the full list of analyst forecasts on CoastalSouth Bancshares stock, see the COSO Stock Forecast page.
Spark’s Take on COSO Stock
According to Spark, TipRanks’ AI Analyst, COSO is a Outperform.
The score is driven primarily by solid fundamentals (strong growth, healthy profitability, and improved leverage), supported by attractive valuation (low P/E and high dividend yield). These positives are tempered by weaker technical momentum and the cash-flow volatility noted in the financial statement analysis.
To see Spark’s full report on COSO stock, click here.
More about CoastalSouth Bancshares
CoastalSouth Bancshares, Inc. is a bank holding company headquartered in Atlanta, Georgia, operating through its wholly owned subsidiary Coastal States Bank, a South Carolina state-chartered commercial bank. The group offers a full range of commercial and consumer banking products and services, with a focus on businesses, real estate professionals, and relationship-driven retail customers across its markets.
The company positions itself as a relationship-focused regional banking franchise, emphasizing core deposit growth, commercial lending and banker recruitment to support organic expansion. Its balance sheet is centered on loans held for investment and a growing base of core deposits, with an ongoing effort to reduce reliance on higher-cost brokered funding and maintain strong capital and credit quality metrics.
Average Trading Volume: 91,771
Technical Sentiment Signal: Buy
Current Market Cap: $334.4M
Learn more about COSO stock on TipRanks’ Stock Analysis page.