CoastalSouth Bancshares, Inc.

CoastalSouth Bancshares, Inc.

COSO · NYSE · Financial Services / Banks - Regional

28.79USD+0.18 (+0.63%)

Price History

Full chart

Market Stats

Previous Close28.61
Open28.39
Day Range28.39 – 28.84
52-Week Range20.68 – 28.51
Volume62.59K
Market Cap318.11M
P/E (TTM)11.99
Forward P/E0.00
EPS2.22
Dividend Yield0.75%
Beta0.01
50-Day Avg27.33
200-Day Avg25.60

About

CoastalSouth Bancshares, Inc. operates as the bank holding company for Coastal States Bank that provides various banking products and services to retail and commercial customers. The company accepts various deposits, including checking, savings, money market, and certificates of deposits, as well as demand deposits accounts and interest-bearing products. It offers commercial loans, such as acquisition, development, and construction loans; income-producing and owner-occupied commercial real estate loans; senior housing loans; and commercial and industrial loans. In addition, the company offers retail loans, including residential mortgages, marine vessels, cash value life insurance line of credit, and other consumer loans, as well as loans held-for-sale. Further, it provides commercial treasury management services which includes balance reporting, transfers between accounts, wire transfer initiation, ACH origination and stop payments; senior housing lending, marine lending, and government guaranteed lending; warehouse lending; debit cards; and telephone banking. In addition, the company offers online banking solutions comprising access to account balances, online transfers, online bill payment and electronic delivery of customer statements, mobile banking solutions; direct deposits; cashier's checks; wire transfer services; automated clearing house services; and cash management deposit products consist of remote deposit capture, positive pay, zero balance accounts and sweep accounts. The company was founded in 2003 and is headquartered in Atlanta, Georgia.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Stephen R. Stone
  • Employees201
  • Headquarters400 Galleria Parkway, Atlanta, GA, United States, 30339, USA
  • Websitehttps://www.coastalstatesbank.com

Leadership

  • Mr. Stephen R. StonePresident, CEO & Director · b. 1976
  • Mr. Anthony P. ValdugaCFO & COO · b. 1979
  • Ms. Lauren M. HembyExecutive Vice President & Chief Accounting Officer · b. 1985
  • Mr. Larry DesPresChief Information Officer
  • Mr. Cameron Bradley TurnerExecutive VP & Chief Credit Officer · b. 1977
  • Mr. Pete O'HernSenior VP & MD of Government Guaranteed Lending
  • Mr. Tim HaugSenior Vice President of Mortgage Banker Finance Division
  • Ms. Diana R. McDougallLowcountry Regional President
  • Ms. Rhonda S. ThorntonChief Retail & Experience Officer
  • Mr. Brian SmithPresident of Savannah Regional

Financials

Income Statement

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue28.09M22.38M19.25M25.50M36.06M43.87M56.81M76.38M114.38M129.72M135.78M
Growth (%)--20.34%-13.98%+32.47%+41.41%+21.67%+29.49%+34.44%+49.75%+13.41%+4.68%
Cost of Revenue03.02M6.17M4.01M7.15M9.00M6.08M14.70M42.42M58.88M57.02M
Gross Profit28.09M19.36M13.08M21.49M28.91M34.87M50.73M61.68M71.97M70.84M78.77M
Gross Margin100.00%86.53%67.96%84.26%80.17%79.48%89.30%80.75%62.92%54.61%58.01%
Operating Expense26.04M14.68M18.70M21.89M25.44M26.65M35.27M37.85M40.47M43.62M47.63M
Operating Income2.05M4.68M-5.62M-404.00K3.47M8.22M15.47M23.83M31.50M27.21M31.14M
Operating Margin7.30%20.93%-29.20%-1.58%9.61%18.74%27.22%31.20%27.53%20.98%22.93%
EBITDA2.58M5.25M-5.12M151.00K4.55M9.35M16.95M25.46M33.55M29.36M33.46M
EBITDA Margin9.18%23.45%-26.58%0.59%12.61%21.31%29.83%33.33%29.33%22.63%24.64%
Net Income1.39M1.44M-11.81M-181.00K2.60M6.37M12.32M18.19M24.48M21.90M24.89M
Net Income Margin4.94%6.43%-61.36%-0.71%7.22%14.51%21.69%23.81%21.40%16.89%18.33%
R&D0000-------
R&D as % of Total Revenue0.00%0.00%0.00%0.00%-------
Interest Expense2.21M2.24M1.72M2.32M5.28M5.77M4.75M9.62M42.72M58.33M53.82M
Interest Expense % of Total Revenue7.86%10.01%8.91%9.09%14.65%13.14%8.37%12.60%37.35%44.96%39.64%

Balance Sheet

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets411.71M413.52M531.97M584.11M708.49M1.15B1.61B1.84B2.03B2.10B2.31B
Total Liabilities377.59M379.32M474.83M516.28M616.20M1.05B1.49B1.72B1.87B1.90B2.05B
Total Equity32.85M34.19M57.14M67.83M92.29M101.99M124.93M118.80M156.04M195.23M259.53M
Cash15.69M19.21M96.84M38.54M4.71M7.42M15.35M19.32M19.60M67.96M41.54M
Total Debt52.85M37.85M105.68M500.00K10.00M146.04M44.59M140.68M88.67M14.73M30.00M
Net Debt37.16M18.64M8.84M-38.04M5.29M138.62M29.24M121.35M69.07M-53.23M-11.54M

Cash Flow

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow2.82M-7.92M27.31M8.72M-37.88M-20.36M70.88M83.54M37.14M-12.67M63.13M
Investing Cash Flow-21.23M24.91M-45.22M-33.35M-97.62M-298.39M-226.30M-502.90M-176.35M-17.31M-224.09M
Financing Cash Flow18.17M1.94M129.10M-53.48M117.08M426.48M222.78M223.97M158.80M49.39M172.77M
Capital Expenditure292.92K2.54M5.00M5.31M2.92M2.85M2.19M2.16M310.00K1.41M1.83M
Free Cash Flow2.53M-10.46M22.31M3.41M-40.80M-23.21M68.69M81.38M36.83M-14.08M61.30M
Dividends Paid8.01M8.01M24.51M0-------
FCF to OCF89.61%132.04%81.69%39.12%107.70%113.99%96.91%97.41%99.17%111.16%97.10%
Dividend Paid to FCF317.19%-76.56%109.84%0.00%-------

Earnings

Report DateSep 30, 2017Mar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Mar 31, 2020Jun 30, 2020Sep 30, 2020Dec 31, 2020Mar 31, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023Jun 30, 2023Sep 30, 2023Dec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024May 28, 2025Jul 28, 2025Oct 20, 2025Jan 20, 2026Apr 20, 2026Jul 20, 2026Oct 19, 2026
EPS Estimate-0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00-------------0.000.540.570.600.550.610.61
EPS Actual-5.73-0.100.06-0.010.010.000.090.160.090.120.200.260.210.380.400.390.310.420.420.600.610.740.600.500.740.240.560.750.540.470.570.540.580.510.59-
Surprise------------------------------5.56%-5.26%-3.33%-7.27%-3.28%-
Timing------------------------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap318.11M
Enterprise Value360.26M
Trailing P/E11.99
Forward P/E0.00
Price / Sales3.73
Price / Book1.17
EPS2.22
Book Value22.47
Revenue (TTM)85.17M
Gross Profit (TTM)85.17M
Profit Margin32.33%
Operating Margin41.17%
Return on Equity11.50%
Return on Assets1.19%
Shares Outstanding11.95M
Shares Float8.91M
Beta0.01
Dividend Yield0.75%
Dividend Rate0.20
Payout Ratio6.76%

Ownership Breakdown

Institutions
65.05%
Insiders
12.40%
Retail / Other
22.55%

Top Institutional Holders

  • Patriot Financial Partners GP II, LP
    691.37K5.78%
  • BlackRock Inc
    492.03K4.12%
  • Two Sigma Investments LLC
    408.49K3.42%
  • Vanguard Capital Management, LLC
    406.43K3.40%
  • AllianceBernstein L.P.
    397.57K3.33%
  • Berkeley Capital Partners, LLC
    356.39K2.98%
  • North Reef Capital Management LP
    320.98K2.69%
  • Curi Capital, LLC
    302.95K2.53%
  • Mendon Capital Advisors Corp
    267.23K2.24%
  • The Goldman Sachs Group Inc
    258.14K2.16%
  • Fourthstone LLC
    225.21K1.88%
  • EJF Capital LLC
    192.68K1.61%
  • Geode Capital Management, LLC
    191.25K1.60%
  • State Street Corp
    126.44K1.06%
  • Raffles Associates LP
    121.28K1.01%
  • Kitzinger Lautmann Capital Mgmt Inc
    107.62K0.90%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    297.30K2.49%
  • RMB Mendon Financial Services A
    250.00K2.09%
  • iShares Russell 2000 ETF
    211.05K1.77%
  • Fidelity Small-Mid Multifactor ETF
    90.34K0.76%

Dividends

20264×
0.06Nov 10, 20260.05Aug 13, 20260.05May 14, 20260.05Feb 12, 2026

Stock Splits

  • Oct 19, 20181:10
  • Oct 23, 20171:10