OTCPK:COSO

Stock Analysis Report

CoastalSouth Bancshares

Executive Summary

CoastalSouth Bancshares, Inc. operates as a bank holding company of CoastalStates Bank that provides various banking products and services to retail and commercial customers.

Snowflake

Fundamentals

Excellent balance sheet and overvalued.

Risks

  • CoastalSouth Bancshares is not covered by any analysts.

Share Price & News

How has CoastalSouth Bancshares's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.6%

OTCPK:COSO

-1.8%

US Banks

0.2%

US Market


1 Year Return

n/a

OTCPK:COSO

-15.3%

US Banks

-0.7%

US Market

No trading data on COSO.

No trading data on COSO.


Share holder returns

COSOIndustryMarket
7 Day1.6%-1.8%0.2%
30 Day4.2%-6.4%-2.7%
90 Day-10.7%-4.0%1.6%
1 Yearn/a-12.9%-15.3%1.6%-0.7%
3 Yearn/a41.3%31.7%40.0%30.9%
5 Yearn/a50.8%34.5%53.8%36.8%

Price Volatility Vs. Market

How volatile is CoastalSouth Bancshares's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is CoastalSouth Bancshares undervalued based on future cash flows and its price relative to the stock market?

118.27x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for CoastalSouth Bancshares to establish if it is available at moderate discount.

Unable to calculate intrinsic value for CoastalSouth Bancshares to establish if it is available at substantial discount.


Price Based on Earnings

CoastalSouth Bancshares is overvalued based on earnings compared to the US Banks industry average.

CoastalSouth Bancshares is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for CoastalSouth Bancshares, we can't assess if its growth is good value.


Price Based on Value of Assets

CoastalSouth Bancshares is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is CoastalSouth Bancshares expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

1.8%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as CoastalSouth Bancshares has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has CoastalSouth Bancshares performed over the past 5 years?

-10.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

CoastalSouth Bancshares's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

CoastalSouth Bancshares has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

CoastalSouth Bancshares has become profitable in the last year making it difficult to compare the US Banks industry average.


Return on Equity

CoastalSouth Bancshares has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

CoastalSouth Bancshares used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if CoastalSouth Bancshares improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is CoastalSouth Bancshares's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

CoastalSouth Bancshares has an acceptable proportion of non-loan assets held.

CoastalSouth Bancshares has a low allowance for bad loans.

CoastalSouth Bancshares's liabilities are made up of primarily low risk sources of funding.

CoastalSouth Bancshares's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at CoastalSouth Bancshares are broadly funded by customer deposits.

CoastalSouth Bancshares has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is CoastalSouth Bancshares's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate CoastalSouth Bancshares's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate CoastalSouth Bancshares's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as CoastalSouth Bancshares has not reported any payouts.

Unable to verify if CoastalSouth Bancshares's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as CoastalSouth Bancshares has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of CoastalSouth Bancshares's salary, the management and board of directors tenure and is there insider trading?

2.6yrs

Average board tenure


CEO

Steve Stone (43yo)

2.6yrs

Tenure

0

Mr. Stephen R. Stone, also known as Steve, serves as President and Chief Executive Officer of CoastalSouth Bancshares, Inc. (“CoastalSouth”) and Coastal States Bank (the “Bank”). As CEO, he led the recapit ...


Board Age and Tenure

2.6yrs

Average Tenure

67yo

Average Age

The average tenure for the CoastalSouth Bancshares board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Steve Stone (43yo)

    Chief Executive Officer & Director

    • Tenure: 2.6yrs
  • Tony Valduga

    CFO & COO

    • Tenure: 2.6yrs

Board Members

  • Boris Gutin (44yo)

    Director

    • Tenure: 2.6yrs
  • Mark Griffith (62yo)

    Lead Independent Director

    • Tenure: 0.0yrs
  • Pat Frawley (67yo)

    Vice Chairman

    • Tenure: 0.0yrs
  • Joseph Topper (64yo)

    Director

    • Tenure: 2.6yrs
  • Jim MacLeod (71yo)

    Executive Chairman of the Board

    • Tenure: 0.0yrs
  • James Richardson (74yo)

    Director

    • Tenure: 16.6yrs
  • Ernst Bruderer (67yo)

    Director

    • Tenure: 16.6yrs
  • Steve Stone (43yo)

    Chief Executive Officer & Director

    • Tenure: 2.6yrs
  • Michael High (70yo)

    Director

    • Tenure: 2.6yrs

Company Information

CoastalSouth Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CoastalSouth Bancshares, Inc.
  • Ticker: COSO
  • Exchange: OTCPK
  • Founded: 2003
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$99.350m
  • Shares outstanding: 7.95m
  • Website: https://www.coastalstatesbank.com

Location

  • CoastalSouth Bancshares, Inc.
  • 5 Bow Circle
  • Hilton Head Island
  • South Carolina
  • 29928
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
COSOOTCPK (Pink Sheets LLC)YesVoting Common StockUSUSDAug 2017

Biography

CoastalSouth Bancshares, Inc. operates as a bank holding company of CoastalStates Bank that provides various banking products and services to retail and commercial customers. The company accepts various de ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 00:38
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.