Financial Services -
Banks - Regional - NASDAQ - US
$ 79.91
-0.687 %
$ 1.2 B
Market Cap
23.45
P/E
1. INTRINSIC VALUE
Balance Sheet
Coastal Financial Corporation
| Current Assets | 670 M |
| Cash & Short-Term Investments | 36.6 M |
| Receivables | 35.2 M |
| Other Current Assets | 598 M |
| Non-Current Assets | 90.8 M |
| Long-Term Investments | 58.1 M |
| PP&E | 32.6 M |
| Other Non-Current Assets | 0 |
| Current Liabilities | 35.5 M |
| Accounts Payable | 30.1 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 5.4 M |
| Non-Current Liabilities | 3.68 B |
| Long-Term Debt | 4.38 M |
| Other Non-Current Liabilities | 3.67 B |
EFFICIENCY
Earnings Waterfall
Coastal Financial Corporation
| Revenue | 397 M |
| Cost Of Revenue | 0 |
| Gross Profit | 397 M |
| Operating Expenses | 453 M |
| Operating Income | 57.3 M |
| Other Expenses | 12.1 M |
| Net Income | 45.2 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Coastal Financial Corporation
| Net Income | 45.2 M |
| Depreciation & Amortization | 4.55 M |
| Capital Expenditures | -9.9 M |
| Stock-Based Compensation | 4.84 M |
| Change in Working Capital | 0 |
| Others | 138 M |
| Free Cash Flow | 250 M |
Wall Street Analysts Price Targets
Coastal Financial Corporation
Wall Street analysts predict an average 1-year price target for CCB of $102 , with forecasts ranging from
a
low of
$100 to a high of $105 .
CCB Lowest Price Target
Wall Street Target
100 USD
25.14%
CCB Average Price Target
Wall Street Target
102 USD
28.27%
CCB Highest Price Target
Wall Street Target
105 USD
31.40%
4. DIVIDEND
ANALYSIS
CCB does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Coastal Financial Corporation
Sold
0-3 MONTHS
127 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
9.65 M USD 3
9-12 MONTHS
540 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Coastal Financial Corporation (CCB) Q1 Earnings and Revenues Lag Estimates
Coastal Financial Corporation (CCB) came out with quarterly earnings of $0.63 per share, missing the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.67 per share a year ago.
zacks.com
- 2 weeks ago
Coastal Financial Corporation Announces First Quarter 2025 Results
EVERETT, Wash., April 29, 2025 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB) (the “Company”, "Coastal", "we", "our", or "us"), the holding company for Coastal Community Bank (the “Bank”), through which it operates a community-focused bank segment ("community bank") with an industry leading banking as a service ("BaaS") segment ("CCBX"), today reported unaudited financial results for the quarter ended March 31, 2025, including net income of $9.7 million, or $0.63 per diluted common share, compared to $13.4 million, or $0.94 per diluted common share, for the three months ended December 31, 2024 and $6.8 million, or $0.50 per diluted common share, for the three months ended March 31, 2024.
globenewswire.com
- 2 weeks ago
MILLER PROJECT: CANADA CARBON CONCERNED ABOUT CPTAQ DECISION ON THE DEVELOPMENT OF CRITICAL AND STRATEGIC MINERALS IN QUEBEC
Montreal, Quebec, Canada, April 11, 2025 (GLOBE NEWSWIRE) -- Canada Carbon Inc. (TSX-V: CCB) (“CCB” or “the Company”) takes note of the Commission de protection du territoire agricole du Québec (“CPTAQ” or “the Commission”) decision regarding the Miller graphite project (the “Miller Project”) near Grenville-sur-la-Rouge, but is concerned about the impact of this decision on the development of projects related to critical and strategic minerals, and the precedent it sets for the Quebec mining industry.
globenewswire.com
- 1 month ago
New Strong Sell Stocks for April 2nd
AIRS, CCB and CARS have been added to the Zacks Rank #5 (Strong Sell) List on April 2, 2025.
zacks.com
- 1 month ago
Dave and Coastal Community Bank Announce Strategic Partnership
Los Angeles, CA, March 03, 2025 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation's leading neobanks and Coastal Financial Corporation (Nasdaq: CCB), the holding company for Coastal Community Bank, today announced a definitive strategic partnership. Coastal Community Bank will become a sponsor bank of Dave, including for Dave's banking products and Dave's new, simplified ExtraCash product.
globenewswire.com
- 2 months ago
Is the Options Market Predicting a Spike in Coastal Financial (CCB) Stock?
Investors need to pay close attention to Coastal Financial (CCB) stock based on the movements in the options market lately.
zacks.com
- 3 months ago
New Strong Sell Stocks for February 4th
CCB, CCOZY and CNI have been added to the Zacks Rank #5 (Strong Sell) List on February 4, 2025.
zacks.com
- 3 months ago
Coastal Financial Corporation (CCB) Q4 Earnings and Revenues Miss Estimates
Coastal Financial Corporation (CCB) came out with quarterly earnings of $0.94 per share, missing the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.66 per share a year ago.
zacks.com
- 3 months ago
Coastal Financial Corporation Announces Fourth Quarter 2024 Results
EVERETT, Wash., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB) (the “Company”, "Coastal", "we", "our", or "us"), the holding company for Coastal Community Bank (the “Bank”), through which it operates a community-focused bank with an industry leading banking as a service ("BaaS") segment, today reported unaudited financial results for the quarter ended December 31, 2024, including net income of $13.4 million, or $0.94 per diluted common share, compared to $13.5 million, or $0.97 per diluted common share, for the three months ended September 30, 2024 and $45.2 million, or $3.26 per diluted common share, for the year ended December 31, 2024, compared to $44.6 million, or $3.27 per diluted common share for the year ended December 31, 2023.
globenewswire.com
- 3 months ago
Coastal Financial Corporation Prices Public Offering of Common Stock
EVERETT, Wash., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (NASDAQ: CCB) (“Coastal” or the “Company”), the holding company for Coastal Community Bank (the “Bank”), today announced the pricing of an underwritten public offering of 1,200,000 shares of its common stock, no par value per share (the "Common Stock"), at a price to the public of $71.00 per share. Coastal also granted the underwriters a 30-day option to purchase up to an additional 180,000 shares of its Common Stock sold in this offering at the public offering price, less underwriting discounts and commissions.
globenewswire.com
- 5 months ago
Coastal Financial Corporation Announces Proposed Public Offering of Common Stock
EVERETT, Wash., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (NASDAQ: CCB) (“Coastal” or the “Company”), the holding company for Coastal Community Bank (the “Bank”), today announced the launch of a proposed underwritten public offering of shares of its common stock, no par value. Coastal expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the number of shares of its Common Stock sold in this offering at the public offering price, less underwriting discounts and commissions.
globenewswire.com
- 5 months ago
5 Low-Leverage Stocks to Buy After Unfavorable Consumer Price Data
The majority of U.S. stock indices ended in the red on Nov. 28, following an unfavorable inflation data release, reflecting an uptick in the nation's monthly consumer price.
zacks.com
- 5 months ago
8. Profile
Summary
Coastal Financial Corporation CCB
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 1.2 B
Dividend Yield
0.00%
Description
Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small to medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington. It accepts a range of deposit products, including demand and savings accounts, time deposits, and money market accounts. The company offers commercial and industrial loans, including term loans, small business administration loans, commercial lines of credit, working capital loans, equipment financing, borrowing base loans, and other loan products; owner-occupied and non-owner-occupied real estate loans, and multi-family residential loans; construction and land development loans; residential real estate loans; and consumer and other loans, including automobile, boat and recreational vehicle, and secured term loans, as well as overdraft protection. It also provides remote deposit capture, online and mobile banking, and direct and reciprocal deposit services, as well as debit cards. In addition, the company offers business accounts and cash management services, including business checking and savings accounts, and treasury services, as well as banking as a service (BaaS), a platform that allows broker dealers and digital financial service providers to offer their clients banking services. It operates 14 full-service banking locations. Coastal Financial Corporation was founded in 1997 and is headquartered in Everett, Washington.
Contact
5415 Evergreen Way, Everett, WA, 98203-3646
https://www.coastalbank.com
IPO
Date
July 19, 2018
Employees
488
Officers
Mr. Andrew G. Stines
Executive Vice President & Chief Risk Officer
Mr. Jonathan E. Sand
Executive Vice President & Chief Credit Officer
Mr. Brian L. Ferrell
Executive Vice President & Head of Financial Crimes Compliance
Ms. Erika Heer
Executive Vice President & Chief Human Resources Officer
Mr. Russell A. Keithley
Executive Vice President & Chief Banking Officer
Mr. Michael E. Culp
Executive Vice President & Chief Revenue Officer
Mr. Eric M. Sprink
Chief Executive Officer & Director
Mr. Joel G. Edwards
Executive Vice President, Chief Financial Officer & Corporate Secretary
Mr. Brian T. Hamilton
President of CCBX Division & Director
Mr. Curt T. Queyrouze
President