AI brief of an SEC Form 8-K · CoastalSouth Bancshares, Inc. (COSO)

CoastalSouth Bancshares Q3 net income rises to $8.8 million, or $0.71 per diluted share

Positive Impact 3 of 5 earnings Written later

CoastalSouth Bancshares reported third-quarter 2026 net income of $8.8 million, or $0.71 per diluted share, up from $0.59 in the second quarter and $0.54 a year earlier. The board also declared a quarterly dividend of $0.06 per share, payable November 24, 2026, to holders of record on November 10, 2026. Book value per share fell to $22.32 as unrealized securities losses increased accumulated other comprehensive loss by $8.3 million.

Key points

  • Q3 2026 net income of $8.8 million, or $0.71 per diluted share, versus $7.3 million, or $0.59, in Q2 2026 and $6.7 million, or $0.54, in Q3 2025
  • Nine-month 2026 net income of $22.4 million, or $1.81 per diluted share, versus $17.8 million, or $1.58, a year earlier
  • Quarterly dividend of $0.06 per share declared October 19, 2026; record date November 10, 2026; payment date November 24, 2026
  • Book value per share was $22.32 at September 30, 2026, down from $22.47 at June 30, 2026; net interest margin was 3.70%

The filing

CompanyCoastalSouth Bancshares, Inc. (COSO)
Form8-K, current report
Filed with the SECOct 19, 2026, 4:27 PM ET
Accession number0001193125-26-425283

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 19, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.