CoastalSouth Bancshares Q2 net income rises to $7.3 million, or $0.59 per diluted share
CoastalSouth Bancshares reported second-quarter 2026 net income of $7.3 million, or $0.59 per diluted share, up from $6.3 million, or $0.51 per diluted share, in the first quarter and $6.0 million, or $0.57 per diluted share, a year earlier. The company also declared a $0.05 quarterly dividend and reported a net interest margin of 3.66%, up 7 basis points from the first quarter, which helps shareholders see both earnings and the dividend.
Key points
- Q2 2026 net income $7.3 million, or $0.59 per diluted share, versus $6.3 million, or $0.51, in Q1 2026 and $6.0 million, or $0.57, in Q2 2025
- Net interest margin 3.66%, up 7 basis points from Q1 2026; net interest income $20.7 million
- Total deposits decreased $9.5 million in the quarter; loans held for investment grew $78.1 million
- Quarterly dividend of $0.05 per share declared July 20, 2026; record date August 13, 2026; payment date August 27, 2026
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 July 20, 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.