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CoastalSouth Bancshares Priced, NYSE: COSO

Community bank with 11 branches across South Carolina and Georgia.

Industry: Financials

Latest Trade: $21.11 0.00 (0.0%)

First Day Return: -2.8%

Return from IPO: -1.8%

Industry: Financials

CoastalSouth Bancshares, Inc. is a bank holding company headquartered in Atlanta, Georgia. Through our wholly owned subsidiary, Coastal States Bank, a South Carolina state-chartered commercial bank, we offer a full range of banking products and services designed for businesses, real estate professionals, and consumers looking for a deep and meaningful relationship with their bank. Today, we have a community banking presence in some of the fastest growing and most business-friendly markets in the country, namely the Lowcountry of South Carolina (Hilton Head Island, Bluffton, and Beaufort), nearby Savannah, Georgia, and the Atlanta, Georgia market. By combining the relationship-based focus of a community bank with our specialty lines of business, we believe we can capitalize on the substantial growth opportunities available in our markets, particularly given the scarcity of community banks between $1.5 billion and $5.0 billion in total assets.
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IPO Data
IPO File Date 06/06/2025
Offer Price $21.50
Price Range $21.50 - $23.50
Offer Shares (mm) 2.0
Deal Size ($mm) $44
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/01/2025
Offer Price $21.50
Price Range $21.50 - $23.50
Offer Shares (mm) 2.0
Deal Size ($mm) $44
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Piper Sandler
Stephens Inc.
Company Data
Headquarters Atlanta, GA, United States
Founded 2003
Employees at IPO 180
Website www.coastalstatesbank.com

CoastalSouth Bancshares (COSO) Performance