CoastalSouth Posts Record Q3 EPS of $0.71, Declares $0.06 Dividend
COSO sits 29% above its 52-week low of $20.8 on light trading volume (0.4× avg).
Summary
CoastalSouth earned a record $0.71 per diluted share in Q3 2026 on strong loan production and government-guaranteed loan sale gains, and raised its quarterly dividend to $0.06 even as securities losses trimmed tangible book value.
Key Events · Earnings and Guidance · COSO
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Record Q3 Earnings of $0.71 per Share
Net income of $8.8 million, or $0.71 per diluted share, versus $0.59 in Q2 2026 and $0.54 in Q3 2025; nine-month net income $22.4 million, or $1.81 per diluted share.
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Dividend Raised to $0.06 per Share
Board declared a $0.06 quarterly dividend, up from $0.05, payable November 24, 2026 to shareholders of record November 10, 2026.
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Margin Widens, Loan Growth Strong
Net interest margin rose 4 bps to 3.70% and net interest income grew 4.2% to $21.5 million; $248.2 million of loan production drove 19.0% annualized held-for-investment growth.
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Securities Losses Cut Tangible Book Value
Accumulated other comprehensive loss widened $8.3 million to $18.8 million, taking tangible book value per share down $0.16 (2.88% annualized) to $21.90.
Analysis · COSO · Finance
Record quarterly profit of $8.8 million ($0.71 per diluted share) came in well above the $0.59 earned in Q2 and $0.54 a year ago, with the margin widening to 3.70% and a $1.6 million gain on government-guaranteed loan sales lifting noninterest income 51%. The offset is on the balance sheet: unrealized securities losses pushed accumulated other comprehensive loss $8.3 million wider, cutting tangible book value per share to $21.90 from $22.06. Credit is clean — net charge-offs of 0.01% and nonperforming assets down to 0.62% of assets after a senior housing paydown — and the board raised the quarterly payout to $0.06 from $0.05.
How filings like this one have moved
In the 30 days to Oct 19, 2026, 29.4% of the 1386 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.50%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, COSO was trading at $26.73 on NYSE in the Finance sector, with a market capitalization of approximately $317.2M. The 52-week trading range was $20.80 to $28.56. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.