SCHEDULE: EJF Capital Discloses 8.5% Stake in CoastalSouth Bancshares
Beneficial Ownership Report (Schedule 13G)
EJF Capital LLC and its affiliates have reported a beneficial ownership of 8.5% in CoastalSouth Bancshares, Inc., totaling 930,171 shares.
Summary
- EJF Capital LLC, along with Emanuel J. Friedman and Neal J. Wilson, collectively reported beneficial ownership of 930,171 shares of CoastalSouth Bancshares, Inc. Voting Common Stock.
- This aggregate ownership represents 8.5% of the company's class of securities.
- The calculation of the percentage is based on 10,448,892 shares of Voting Common Stock outstanding as of September 30, 2025, plus 438,427 shares of Non-Voting Common Stock convertible within 60 days.
- EJF Sidecar Fund, Series LLC Small Financial Equities Series, an affiliate, beneficially owns 737,495 shares, representing 6.8% of the class.
- EJF Financial Services Fund, LP, another affiliate, beneficially owns 192,676 shares, representing 1.8% of the class.
- The reporting persons share both voting and dispositive power over their respective beneficially owned shares.
- The principal business office for all reporting persons is located at 2107 Wilson Boulevard Suite 410, Arlington, VA 22201.
Sentiment
Score: 6
Explanation: The filing is a standard disclosure of beneficial ownership, indicating an investment firm has taken a significant stake. This is generally neutral but can be seen as slightly positive as it signals investor confidence in the company, without providing specific performance details.
Future Outlook
NA
Industry Context
This filing indicates a significant passive investment by a specialized financial services investment firm, EJF Capital, in CoastalSouth Bancshares, a regional banking institution. Such disclosures are common in the financial sector as investment funds take strategic positions in publicly traded banks.
Stakeholder Impact
- Shareholders: The disclosure of a significant institutional investor taking an 8.5% stake could be viewed positively, potentially signaling confidence in the company's value or future prospects. It may also introduce a new influential voice in shareholder matters, though this is a passive filing.
Key Dates
| Date | Description |
|---|---|
| 07/01/2025 | Date of event which requires filing of this statement |
| 09/30/2025 | Date as of which CoastalSouth Bancshares, Inc. reported 10,448,892 shares of Voting Common Stock outstanding in its Form 10-Q |
| 11/07/2025 | Date CoastalSouth Bancshares, Inc. filed its Form 10-Q with the SEC |
| 11/13/2025 | Date of filing of this Schedule 13G and joint filing agreement |
Keywords
CoastalSouth Bancshares, EJF Capital, Beneficial Ownership, Schedule 13G, Voting Common Stock, Financial Equities, Investment Adviser
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.