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