CoastalSouth Reports $0.71 Q3 EPS as Net Income Rises to $8.8M

CoastalSouth Bancshares, Inc. reported diluted earnings of $0.71 per share for the third quarter of 2026. Net income rose to $8.8 million from $6.7 million a year earlier. The company reported diluted earnings of $0.54 per share for the third quarter of 2025.

Revenue totaled $24.86 million, up 16.7% from a year earlier. Net interest income increased to $21.5 million from $19.2 million, while noninterest income was $3.329 million. Loans held for investment grew by $81.6 million during the quarter.

President and CEO Stephen R. Stone cited “strong loan production and robust gain-on-sale revenue from our government-guaranteed lending business.” CoastalSouth, the Atlanta-based parent of Coastal States Bank, declared a quarterly dividend of $0.06 per share. It is payable Nov. 24, 2026, to shareholders of record Nov. 10, 2026.