Date | Price Target | Rating | Analyst |
---|---|---|---|
7/28/2025 | $26.00 | Overweight | Piper Sandler |
7/28/2025 | $27.00 | Overweight | Stephens |
10-Q - CoastalSouth Bancshares, Inc. (0001297107) (Filer)
8-K - CoastalSouth Bancshares, Inc. (0001297107) (Filer)
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Coastal States Bank ("CSB" or the "Bank") has announced changes to its senior leadership team. The Bank has appointed Rhonda Thornton as Chief Retail and Experience Officer, unifying its retail operations and branch network across its Lowcountry, Savannah, and Atlanta Regions under her leadership. Rhonda will focus on enhancing the CSB client experience utilizing her expertise in areas such as retail management, customer service, operations, and technology for community, regional, and national banks. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250801555532/en/Rhonda Thornton, Chief Retail and Experience Officer, Coastal State
CoastalSouth Bancshares, Inc. ("CoastalSouth" or the "Company") (NYSE:COSO), the holding company for Coastal States Bank (the "Bank"), today reported net income of approximately $6.0 million, or $0.57 per diluted share, for the second quarter of 2025, compared to $5.1 million, or $0.47 per diluted share, for the first quarter of 2025, and $5.9 million, or $0.56 per diluted share, for the second quarter of 2024. For the year-to-date period ending June 30, 2025, the Company reported net income of $11.0 million, or $1.04 per diluted share, compared with $8.3 million, or $0.80 per diluted share, for the same period in 2024. On July 3, 2025, the Company completed its initial public offering of
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Piper Sandler initiated coverage of CoastalSouth Bancshares with a rating of Overweight and set a new price target of $26.00
Stephens initiated coverage of CoastalSouth Bancshares with a rating of Overweight and set a new price target of $27.00
Live Leadership Updates
Coastal States Bank ("CSB" or the "Bank") has announced changes to its senior leadership team. The Bank has appointed Rhonda Thornton as Chief Retail and Experience Officer, unifying its retail operations and branch network across its Lowcountry, Savannah, and Atlanta Regions under her leadership. Rhonda will focus on enhancing the CSB client experience utilizing her expertise in areas such as retail management, customer service, operations, and technology for community, regional, and national banks. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250801555532/en/Rhonda Thornton, Chief Retail and Experience Officer, Coastal State