COSO

MKT CAP:$305M

CoastalSouth Bancshares, Inc.

Market Cap

$305M

Financial Services·Banks - Regional·🇺🇸 United States·NYSE

Financials·Banks - Regional·🇺🇸·NYSE

Stock Price

$25.25+$2.08 (+8.98%)

Apr 22, 2026

Company Details

CoastalSouth Bancshares, Inc. operates as the bank holding company of CoastalStates Bank that provides various banking products and services to retail and commercial customers. The company accepts various deposits, such as checking, savings...

CEO

Stephen R. Stone

IPO Date

May 8, 2025

Website

www.coastalstatesbank.com

Key Metrics TTM

Revenue

$138M

+4.5% YoY

Net Income

$26M

EPS (Diluted)

$2.20

Free Cash Flow

$63M

Revenue / Share

$11.13

Gross Margin

59.3%

Operating Margin

23.7%

Net Margin

18.9%

FCF Margin

45.6%

P/S

2.2x

P/E

11.7x

Earnings Reports

Q1 2026

Apr 20, 2026

NEW

$35M+8.9%EPS $0.51

FY 2025

Mar 12, 2026

$136M+4.7%EPS $2.16

Q4 2025

Mar 12, 2026

$35M+8.6%EPS $0.58

Q3 2025

Nov 7, 2025

$35M-1.5%EPS $0.55

Q2 2025

Aug 11, 2025

$34M+2.5%EPS $0.56

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$17M	$14M	$5M
Q3 22	$19M	$15M	$7M
Q4 22	$22M	$17M	$7M
Q1 23	$26M	$18M	$9M
Q2 23	$28M	$17M	$7M
Q3 23	$29M	$16M	$6M
Q4 23	$33M	$21M	$9M
Q1 24	$27M	$13M	$3M
Q2 24	$33M	$18M	$7M
Q3 24	$36M	$21M	$10M
Q4 24	$32M	$17M	$7M
Q1 25	$32M	$18M	$7M
Q2 25	$34M	$19M	$7M
Q3 25	$35M	$21M	$9M
Q4 25	$35M	$21M	$9M
Q1 26	$35M	$21M	$8M

Valuation

Quarter	P/S	P/E
Q2 22	2.2x	10.7x
Q3 22	1.8x	8.2x
Q4 22	2.0x	8.0x
Q1 23	2.0x	7.8x
Q2 23	1.4x	5.9x
Q3 23	1.3x	6.2x
Q4 23	1.3x	6.3x
Q1 24	1.5x	8.5x
Q2 24	1.5x	8.9x
Q3 24	1.6x	8.6x
Q4 24	1.7x	10.1x
Q1 25	1.7x	9.2x
Q2 25	1.7x	9.1x
Q3 25	1.7x	9.8x
Q4 25	2.0x	10.7x
Q1 26	2.2x	11.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$0	$0
Q2 22	$0	$0
Q3 22	$0	$0
Q4 22	$0	$0
Q1 23	$0	$0
Q2 23	$0	$0
Q3 23	$0	$0
Q4 23	$0	$0
Q1 24	$0	$0
Q2 24	-$23M	-$24M
Q3 24	$0	$0
Q4 24	$0	$0
Q1 25	$0	$0
Q2 25	-$16M	-$16M
Q3 25	-$5M	-$6M
Q4 25	$85M	$85M

Capital Expenditures

Quarter	CapEx
Q1 22	$0
Q2 22	$0
Q3 22	$0
Q4 22	$0
Q1 23	$0
Q2 23	$0
Q3 23	$0
Q4 23	$0
Q1 24	$0
Q2 24	$312.0K
Q3 24	$0
Q4 24	$0
Q1 25	$0
Q2 25	$698.0K
Q3 25	$412.0K
Q4 25	$326.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+28.4%	+32.8%
Q3 22	+36.6%	+25.7%
Q4 22	+33.3%	+10.0%
Q1 23	+64.2%	+57.0%
Q2 23	+60.5%	+64.3%
Q3 23	+49.6%	+80.4%
Q4 23	+50.9%	+64.3%
Q1 24	+5.5%	+43.0%
Q2 24	+17.1%	+23.5%
Q3 24	+23.6%	+12.9%
Q4 24	-1.2%	+7.7%
Q1 25	+16.5%	+3.7%
Q2 25	+2.5%	+5.0%
Q3 25	-1.5%	+3.2%
Q4 25	+8.6%	+2.8%
Q1 26	+8.9%	+4.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$0	0.0%
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q4 22	$937.0K	4.3%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$1M	3.3%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$1M	4.0%
Q1 25	$0	0.0%
Q2 25	$233.0K	0.7%
Q3 25	$229.0K	0.7%
Q4 25	$484.0K	1.4%

OpEx Breakdown

Quarter	G&A	S&M
Q2 22	$6M	—
Q3 22	$7M	—
Q4 22	$7M	—
Q1 23	$6M	—
Q2 23	$6M	$201.0K
Q3 23	$6M	—
Q4 23	$8M	—
Q1 24	$6M	$179.0K
Q2 24	$7M	—
Q3 24	$7M	—
Q4 24	$8M	—
Q1 25	$7M	$233.0K
Q2 25	$7M	—
Q3 25	$7M	—
Q4 25	$8M	—
Q1 26	$10M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$12M	$0	$12M
Q3 22	$7M	$0	$7M
Q4 22	$19M	$366M	$385M
Q1 23	$12M	$0	$12M
Q2 23	$18M	$0	$18M
Q3 23	$0	$0	$0
Q4 23	$20M	$355M	$374M
Q1 24	$21M	$0	$21M
Q2 24	$21M	$42M	$63M
Q3 24	$18M	$44M	$61M
Q4 24	$68M	$0	$68M
Q1 25	$19M	$79M	$99M
Q2 25	$23M	$23M	$46M
Q3 25	$20M	$11M	$31M
Q4 25	$42M	$339M	$381M
Q1 26	$23M	$395M	$418M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	9M	-0.6%	+7.3%
Q3 22	9M	+0.0%	+7.4%
Q4 22	9M	+2.3%	+2.4%
Q1 23	9M	+0.9%	+2.6%
Q2 23	10M	+5.5%	+8.9%
Q3 23	10M	-0.2%	+8.7%
Q4 23	10M	+0.4%	+6.7%
Q1 24	10M	+6.0%	+12.1%
Q2 24	10M	+2.2%	+8.5%
Q3 24	11M	+0.9%	+9.7%
Q4 24	11M	+0.7%	+10.1%
Q1 25	11M	+0.3%	+4.1%
Q2 25	11M	-0.3%	+1.6%
Q3 25	11M	+5.7%	+6.4%
Q4 25	12M	+10.4%	+16.7%
Q1 26	12M	+0.4%	+16.9%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	—	—
Q3 22	—	—
Q4 22	—	—
Q1 23	—	—
Q2 23	—	—
Q3 23	—	—
Q4 23	—	—
Q1 24	—	—
Q2 24	—	—
Q3 24	—	—
Q4 24	—	—
Q1 25	—	—
Q2 25	—	—
Q3 25	—	—
Q4 25	$197.2K	179
Q1 26	$192.9K	179

Revenue / Employee