Filing Flows › CoastalSouth Bancshares (COSO) › Q2 2026
CoastalSouth Bancshares (COSO) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
CoastalSouth Bancshares (COSO) reported revenue of $22.9M for the second quarter 2026 (Q2 2026), +15% from a year earlier and +5% from the quarter before. Operating margin was 38.6%, net earnings $7.3M (32.1% of revenue).
CoastalSouth Bancshares, Q2 2026: revenue $22.9M (+15% year over year), operating margin 38.6%, net earnings $7.3M, operating cash flow $9.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $22.9M | +5% | +15% |
| Operating profit | $8.8M | +7% | +26% |
| Net earnings | $7.3M | +16% | +23% |
| Operating cash flow | $9.8M | — | — |
| Free cash flow | $9.6M | — | — |
What changed
Revenue was $22.9M in Q2 2026, up 15% year over year and up 5% from the previous quarter.
Operating profit was $8.8M, a 38.6% margin (up 3.3 points year over year). Of the extra revenue versus Q2 2025, 60% reached operating profit, above the 35% margin then. Total costs grew 9% against revenue growth of 15%. The fastest-growing cost line was Noninterest expense (+11%). Net earnings were $7.3M, up 23% year over year. The effective tax rate was 17.0%.
Operating cash flow was $9.8M, 134% of net earnings. Non-cash charges added back $435K of depreciation and amortization and $318K of share-based compensation. Working capital and other items added $1.7M. Capital expenditures of $236K left free cash flow of $9.6M.
Questions
What was CoastalSouth Bancshares' revenue in the second quarter 2026?
CoastalSouth Bancshares (COSO) reported revenue of $22.9M for the second quarter 2026 (Q2 2026), +15% from a year earlier and +5% from the quarter before.
Was CoastalSouth Bancshares profitable in the second quarter 2026?
Operating profit was $8.8M (38.6% of revenue) and net earnings $7.3M.