CoastalSouth Bancshares (NYSE: COSO) reported third-quarter 2026 net income of $8.8 million, or $0.71 per diluted share, compared with $7.3 million, or $0.59 per diluted share, in the second quarter of 2026.
Net interest income totaled $21.5 million in the quarter, while loans held for investment increased $81.6 million from the prior quarter. The company also declared a quarterly dividend of $0.06 per share.
- Net income was $8.772 million, with basic earnings per share of $0.73 and diluted earnings per share of $0.71.
- Net interest income rose 4.2% from the second quarter to $21.527 million.
- Net interest margin was 3.70%, up 4 basis points sequentially.
- Total deposits were $2.101 billion at September 30, 2026.
- Gross loans held for investment were $1.787 billion at September 30, 2026.
- The $0.06 quarterly dividend is payable November 24, 2026, to shareholders of record on November 10, 2026.
$COSO Insider Trading Activity
$COSO insiders have traded $COSO stock on the open market 6 times in the past 6 months. Of those trades, 2 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $COSO stock by insiders over the last 6 months:
- ERNST W. BRUDERER has made 0 purchases and 3 sales selling 5,000 shares for an estimated $137,424.
- ANTHONY P. VALDUGA (CFO AND COO) sold 4,558 shares for an estimated $117,778
- JAMES S MACLEOD has made 2 purchases buying 334 shares for an estimated $9,350 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$COSO Hedge Fund Activity
We have seen 62 institutional investors add shares of $COSO stock to their portfolio, and 24 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FOURTHSTONE LLC removed 875,293 shares (-79.5%) from their portfolio in Q2 2026, for an estimated $23,501,617
- PATRIOT FINANCIAL PARTNERS GP II, L.P. removed 467,844 shares (-40.4%) from their portfolio in Q2 2026, for an estimated $12,561,611
- TWO SIGMA INVESTMENTS, LP added 308,434 shares (+308.3%) to their portfolio in Q2 2026, for an estimated $8,281,452
- ENDEAVOUR CAPITAL ADVISORS INC removed 241,595 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $6,486,825
- GOLDMAN SACHS GROUP INC removed 166,611 shares (-64.5%) from their portfolio in Q2 2026, for an estimated $4,473,505
- QUBE RESEARCH & TECHNOLOGIES LTD added 127,213 shares (+inf%) to their portfolio in Q2 2026, for an estimated $3,415,669
- ACADIAN ASSET MANAGEMENT LLC added 101,107 shares (+139.0%) to their portfolio in Q2 2026, for an estimated $2,714,722
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.