Is CoastalSouth Bancshares, Inc. (COSO) Halal?

NYSE Financial Services United States $289M
✗ NOT HALAL
Confidence: 95/100
CoastalSouth Bancshares, Inc. (COSO) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Regional ✗ NOT HALAL
DJIM Excluded — Banks - Regional ✗ NOT HALAL
MSCI Excluded — Banks - Regional ✗ NOT HALAL
S&P Excluded — Banks - Regional ✗ NOT HALAL
FTSE Excluded — Banks - Regional ✗ NOT HALAL

Financial Highlights

P/E Ratio
11.2
Forward: 9.1
EPS
$2.16
Dividend Yield
21.0%
P/B Ratio
1.1
Revenue
$81M
Growth: 23.6%
Beta
0.1
Low volatility

Profitability

Gross Margin 0.0%
Operating Margin 43.4%
Net Margin 31.6%
Return on Equity (ROE) 10.9%
Return on Assets (ROA) 1.1%

Cash Flow & Balance Sheet

Operating Cash Flow$63M
Free Cash Flow$61M
Total Debt$30M
Total Assets$2.3B

Price & Trading

Last Close$24.16
50-Day MA$24.44
200-Day MA$22.51
Avg Volume95K
Beta0.1
52-Week Range
$19.24
$26.29

About CoastalSouth Bancshares, Inc. (COSO)

CEO
Mr. Stephen R. Stone
Employees
195
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NYSE
Market Cap
$289M
Currency
USD

CoastalSouth Bancshares, Inc. operates as the bank holding company for Coastal States Bank that provides various banking products and services to retail and commercial customers. The company accepts various deposits, including checking, savings, money market, and certificates of deposits, as well as demand deposits accounts and interest-bearing products. It offers commercial loans, such as acquisition, development, and construction loans; income-producing and owner-occupied commercial real estate loans; senior housing loans; and commercial and industrial loans. In addition, the company offers retail loans, including residential mortgages, marine vessels, cash value life insurance line of credit, and other consumer loans, as well as loans held-for-sale. Further, it provides commercial treasury management services which includes balance reporting, transfers between accounts, wire transfer initiation, ACH origination and stop payments; senior housing lending, marine lending, and government guaranteed lending; warehouse lending; debit cards; and telephone banking. In addition, the company offers online banking solutions comprising access to account balances, online transfers, online bill payment and electronic delivery of customer statements, mobile banking solutions; direct deposits; cashier's checks; wire transfer services; automated clearing house services; and cash management deposit products consist of remote deposit capture, positive pay, zero balance accounts and sweep accounts. The company was founded in 2003 and is headquartered in Atlanta, Georgia.

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Frequently Asked Questions

Is CoastalSouth Bancshares, Inc. (COSO) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), CoastalSouth Bancshares, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is CoastalSouth Bancshares, Inc.'s debt ratio?

CoastalSouth Bancshares, Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are CoastalSouth Bancshares, Inc.'s key financial metrics?

CoastalSouth Bancshares, Inc. has a market capitalization of $289M, trailing P/E ratio of 11.2, and revenue of $81M. Return on equity stands at 10.9%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.