CoastalSouth Bancshares, Inc. Reports Earnings for Third Quarter 2026
CoastalSouth Bancshares reported record Q3 2026 earnings of $8.8 million, or $0.71 per diluted share, up from $7.3 million ($0.59) in Q2 and $6.7 million ($0.54) a year earlier. Net interest income rose 12.2% YoY to $21.5 million with the margin up 4 bps to 3.70%, while $248.2 million of loan production drove 19.0% annualized loan growth. Credit quality was pristine with net charge-offs of just 0.01% and nonperforming assets at 0.62% of assets.
Key figures
- Eps
- 0.71
- Revenue Yoy
- 12.2% net interest income growth YoY
- Nim
- 3.70%
- Roaa
- 1.45%
- Roae
- 12.88%
- Roatce
- 13.12%
- Net income
- 8772000
- Lhfi growth
- 81600000
- Total assets
- 2423766000
- Net income qoq
- 7333000
- Total deposits
- 2100746000
- Loan production
- 248200000
- Dividend per share
- 0.06
- Noninterest income
- 3329000
- Noninterest expense
- 13710000
- Book value per share
- 22.32
- Npas to total assets
- 0.62%
- Nine month net income
- 22434000
- Shares repurchased q3
- 285715
- Lhfi growth annualized
- 19.0%
- Net income prior year q
- 6741000
- Buyback weighted avg price
- 27.1
- Net chargeoffs to avg lhfi
- 0.01%
- Tangible book value per share
- 21.9
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