View Future GrowthCoastal Financial 過去の業績過去 基準チェック /06Coastal Financialは5.6%の年平均成長率で業績を伸ばしているが、Banks業界はgrowingで4%毎年増加している。売上は成長しており、年平均24.2%の割合である。主要情報5.56%収益成長率1.82%EPS成長率Banks 業界の成長11.18%収益成長率24.17%株主資本利益率-0.83%ネット・マージン-1.06%前回の決算情報30 Jun 2026最近の業績更新Reported Earnings • Jul 31Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2026 results: US$2.76 loss per share (down from US$0.73 profit in 2Q 2025). Revenue: US$85.9m (down 1.5% from 2Q 2025). Net loss: US$42.1m (down 482% from profit in 2Q 2025). Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 42% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.お知らせ • Jul 24Coastal Financial Corporation to Report Q2, 2026 Results on Jul 30, 2026Coastal Financial Corporation announced that they will report Q2, 2026 results Pre-Market on Jul 30, 2026お知らせ • May 02Coastal Financial Corporation Reports Charge Offs for the First Quarter Ended March 31, 2026Coastal Financial Corporation reported charge offs for the first quarter ended March 31, 2026. For the period, the company reported net charge-offs of $49,587,000 compared to $48,200,000 a year ago.Reported Earnings • Apr 30First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: US$0.79 (up from US$0.65 in 1Q 2025). Revenue: US$98.0m (up 17% from 1Q 2025). Net income: US$12.0m (up 24% from 1Q 2025). Profit margin: 12% (in line with 1Q 2025). Revenue exceeded analyst estimates by 7.8%. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to grow 43% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.Reported Earnings • Mar 02Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: US$3.12. Revenue: US$349.0m (up 15% from FY 2024). Net income: US$47.0m (up 3.9% from FY 2024). Profit margin: 14% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 7.14% (down from 7.18% in FY 2024). Cost-to-income ratio: 53.1% (up from 42.4% in FY 2024). Non-performing loans: 1.71% (down from 1.79% in FY 2024). Revenue exceeded analyst estimates by 5.9%. Earnings per share (EPS) missed analyst estimates by 6.1%. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Banks industry in the US.Reported Earnings • Oct 30Third quarter 2025 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2025 results: EPS: US$0.90. Revenue: US$88.1m (up 7.4% from 3Q 2024). Net income: US$13.6m (up 1.0% from 3Q 2024). Profit margin: 15% (down from 16% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Banks industry in the US.すべての更新を表示Recent updates新しいナラティブ • Jul 31BaaS Partner Strains And Cost Pressures Will Shape A Cautious Yet Resilient OutlookCatalysts About Coastal Financial Coastal Financial operates a community bank paired with a banking as a service platform that supports digital banking and payments programs for partner companies. What are the underlying business or industry changes driving this perspective?Reported Earnings • Jul 31Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2026 results: US$2.76 loss per share (down from US$0.73 profit in 2Q 2025). Revenue: US$85.9m (down 1.5% from 2Q 2025). Net loss: US$42.1m (down 482% from profit in 2Q 2025). Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 42% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Price Target Changed • Jul 31Price target decreased by 29% to US$75.50Down from US$106, the current price target is an average from 4 analysts. New target price is 84% above last closing price of US$40.99. Stock is down 56% over the past year. The company is forecast to post earnings per share of US$4.49 for next year compared to US$3.12 last year.お知らせ • Jul 31+ 2 more updatesCoastal Financial Corporation Announces Appointment of Thomas Lane as Lead Independent Director, Effective July 29, 2026Coastal Financial Corporation announced that following the appointment of Mr. Adams as Executive Chair, the Board appointed Thomas Lane as Lead Independent Director, effective July 29, 2026. Mr. Lane would receive compensation for his service as Lead Independent Director consistent with the Company's non-employee director compensation program.New Risk • Jul 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.お知らせ • Jul 24Coastal Financial Corporation to Report Q2, 2026 Results on Jul 30, 2026Coastal Financial Corporation announced that they will report Q2, 2026 results Pre-Market on Jul 30, 2026お知らせ • Jul 23+ 1 more updateCoastal Financial Corporation Announces Stepping Down of Brandon Soto as Executive Vice President, Effective August 15, 2026On July 22, 2026, Coastal Financial Corporation announced that Brandon Soto, Executive Vice President will step down from his role as Executive Vice President of the Company, effective August 15, 2026, to pursue a position as the Chief Executive Officer of a banking subsidiary of a privately held company in the financial technology sector. Mr. Soto’s departure is not related to any disagreements with the Company.ライブニュース • Jul 15Pliant Picks Coastal Financial as Sponsor Bank for US Commercial Card Market EntryPliant has officially launched in the U.S. through a partnership with Coastal Financial, which will act as Pliant’s U.S. sponsor bank to support compliant market entry and long-term scalability in the commercial card market. The arrangement is important for Coastal Financial because it plugs the bank into Pliant’s planned agent-based issuing structures and wider U.S. banking ecosystem footprint, tying Coastal to the company’s expansion in one of the world’s largest commercial card markets. Coastal Financial shares trade at about $78.85, with the stock down 30.4% year to date, so this new sponsorship role comes against a backdrop of recent share price weakness. The main read-through is that Coastal Financial is deepening its role as an infrastructure provider to fintechs, which could broaden revenue sources but also increases execution and compliance risk tied to Pliant’s U.S. rollout.Seeking Alpha • May 18Coastal Financial's Plunge Doesn't Mean To Start Banking On This NameSummary Coastal Financial Corporation remains a ‘hold’ despite a 39% stock decline, as valuation remains elevated versus peers. CCB's differentiated CCBX Banking-as-a-Service segment drives growth but introduces higher credit risk and asset quality concerns. Non-performing assets and non-accrual loans exceed preferred thresholds, with credit card and consumer loan delinquencies rising. Profitability metrics lag peer benchmarks, and premium valuation is not justified by current asset quality or returns. Read the full article on Seeking AlphaRecent Insider Transactions Derivative • May 04President of CCBX Division & Director notifies of intention to sell stockBrian Hamilton intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of May. If the sale is conducted around the recent share price of US$75.44, it would amount to US$778k. Since June 2025, Brian's direct individual holding has increased from 28.20k shares to 74.57k. Company insiders have collectively sold US$3.3m more than they bought, via options and on-market transactions in the last 12 months.お知らせ • May 02Coastal Financial Corporation Reports Charge Offs for the First Quarter Ended March 31, 2026Coastal Financial Corporation reported charge offs for the first quarter ended March 31, 2026. For the period, the company reported net charge-offs of $49,587,000 compared to $48,200,000 a year ago.Price Target Changed • May 01Price target decreased by 16% to US$106Down from US$126, the current price target is an average from 4 analysts. New target price is 39% above last closing price of US$76.39. Stock is down 6.1% over the past year. The company is forecast to post earnings per share of US$4.40 for next year compared to US$3.12 last year.Reported Earnings • Apr 30First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: US$0.79 (up from US$0.65 in 1Q 2025). Revenue: US$98.0m (up 17% from 1Q 2025). Net income: US$12.0m (up 24% from 1Q 2025). Profit margin: 12% (in line with 1Q 2025). Revenue exceeded analyst estimates by 7.8%. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to grow 43% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.お知らせ • Apr 14Coastal Financial Corporation, Annual General Meeting, May 27, 2026Coastal Financial Corporation, Annual General Meeting, May 27, 2026. Location: register at, United StatesRecent Insider Transactions Derivative • Apr 07President of CCBX Division & Director notifies of intention to sell stockBrian Hamilton intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 30th of March. If the sale is conducted around the recent share price of US$75.82, it would amount to US$164k. Since June 2025, Brian's direct individual holding has increased from 28.20k shares to 77.88k. Company insiders have collectively sold US$3.4m more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Mar 02Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: US$3.12. Revenue: US$349.0m (up 15% from FY 2024). Net income: US$47.0m (up 3.9% from FY 2024). Profit margin: 14% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 7.14% (down from 7.18% in FY 2024). Cost-to-income ratio: 53.1% (up from 42.4% in FY 2024). Non-performing loans: 1.71% (down from 1.79% in FY 2024). Revenue exceeded analyst estimates by 5.9%. Earnings per share (EPS) missed analyst estimates by 6.1%. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Banks industry in the US.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$84.97, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 11x in the Banks industry in the US. Total returns to shareholders of 83% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$162 per share.Major Estimate Revision • Feb 02Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from US$652.4m to US$617.0m. EPS estimate also fell from US$6.07 per share to US$5.28 per share. Net income forecast to grow 55% next year vs 14% growth forecast for Banks industry in the US. Consensus price target down from US$138 to US$132. Share price fell 10% to US$98.41 over the past week.Recent Insider Transactions Derivative • Jan 29CEO & Director exercised options and sold US$920k worth of stockOn the 26th of January, Eric Sprink exercised 10.79k options at around US$6.25, then sold 9k of the shares acquired at an average of US$108 per share and kept the remainder. For the year to December 2019, Eric's total compensation was 45% salary and 55% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Eric's direct individual holding has decreased from 101.78k shares to 22.70k. Company insiders have collectively sold US$3.8m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Dec 09Vice Chairman recently sold US$635k worth of stockOn the 8th of December, Steven Hovde sold around 6k shares on-market at roughly US$113 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Steven's only on-market trade for the last 12 months.Buy Or Sell Opportunity • Dec 03Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.6% to US$107. The fair value is estimated to be US$135, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 121% in 2 years. Earnings are forecast to grow by 147% in the next 2 years.Buy Or Sell Opportunity • Nov 13Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.8% to US$105. The fair value is estimated to be US$135, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 121% in 2 years. Earnings are forecast to grow by 147% in the next 2 years.Reported Earnings • Oct 30Third quarter 2025 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2025 results: EPS: US$0.90. Revenue: US$88.1m (up 7.4% from 3Q 2024). Net income: US$13.6m (up 1.0% from 3Q 2024). Profit margin: 15% (down from 16% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Banks industry in the US.Price Target Changed • Oct 09Price target increased by 8.4% to US$125Up from US$116, the current price target is an average from 5 analysts. New target price is 13% above last closing price of US$111. Stock is up 105% over the past year. The company is forecast to post earnings per share of US$3.35 for next year compared to US$3.35 last year.お知らせ • Oct 03Coastal Financial Corporation Announces Resignation of Andrew Stines as Executive Vice President and Chief Risk Officer, Effective October 1, 2025On September 29, 2025, Andrew Stines resigned as Executive Vice President and Chief Risk Officer of Coastal Financial Corporation (the “Company"), effective October 1, 2025, in order to pursue other professional opportunities. Mr. Stine’s resignation is not the result of any disagreement with Coastal or its Board of Directors.お知らせ • Sep 23+ 1 more updateCoastal Financial Corporation Announces Chief Financial Officer Changes, Effective October 1, 2025On September 22, 2025, Coastal Financial Corporation (the “Company”) appointed Brandon Soto as Chief Financial Officer of the Company, effective October 1, 2025. Joel G. Edwards will continue as Chief Financial Officer until October 1, 2025. Mr. Soto, 51, joins the Company after serving as Chief Financial Officer of Square Financial Services Inc., a subsidiary of Block Inc., where he led the bank’s financial operations for seven years. In that role, Mr. Soto oversaw accounting, financial analysis, budgeting and forecasting, financial reporting to the Board of Directors, management, and regulators, as well as treasury functions including funding, asset and liability management, and interest rate risk management. He was also a key contributor in authoring the bank’s application and securing approvals from the Federal Deposit Insurance Corporation and the Utah Department of Financial Institutions. Mr. Soto directed the Finance function, encompassing accounting, financial analysis, budgeting, forecasting, and comprehensive financial reporting to the Board of Directors, management, and regulators. He also managed all Treasury activities, including funding, asset-liability management, and interest rate risk management. Under his leadership, Square Financial Services consistently met its capital requirements and effectively positioned itself for disciplined, strategic growth. Previous to Square Financial Services, Mr. Soto served as Chief Financial Officer and Chief Administrative Officer of Green Dot Bank, a subsidiary of Green Dot Corporation, and as Controller of Sallie Mae Bank. Earlier in his career, he held finance and treasury positions with Chrysler Financial Bank (in application), Allegiance Direct Bank, Toyota Financial Savings Bank, JPMorgan Chase, Volvo Commercial Credit Corp, Franklin-Templeton Bank & Trust, First USA Paymentech, and Discover Financial Services.Mr. Soto’s appointment as CFO marks a new chapter for Coastal, reaffirming its dedication to operating excellence, strong regulatory stewardship, and the continued scaling of both its fintech and community banking divisions. With more than two decades of experience spanning major financial institutions and fintech brands, Mr. Soto brings a wealth of industry expertise and strategic foresight. Mr. Soto holds an MBA with a Graduate Certificate in Accounting from Westminster University and a Bachelor of Science in Finance and Accounting from the University of Utah. He is a licensed CPA in Utah and a graduate of the McKinsey Hispanic & Latino Executive Leadership Program, underscoring his commitment to lifelong learning and leadership development.Recent Insider Transactions • Sep 19Independent Director recently sold US$475k worth of stockOn the 15th of September, Stephan Klee sold around 4k shares on-market at roughly US$109 per share. This transaction amounted to 61% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.3m more than they bought in the last 12 months.Recent Insider Transactions Derivative • Sep 16Independent Director notifies of intention to sell stockStephan Klee intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of September. If the sale is conducted around the recent share price of US$109, it would amount to US$475k. Since June 2025, Stephan has owned 7.13k shares directly. Company insiders have collectively sold US$1.0m more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Aug 13Coastal Financial Corporation and Coastal Community Bank Expands Executive Team with Key Leadership AppointmentsCoastal Financial Corporation and its subsidiary, Coastal Community Bank announced the appointment of four new members to its executive leadership team to support the Company’s continued growth across its digital banking and community-focused initiatives. Ryan Hall has joined as Chief Product Officer, Michael Costigan has been appointed Chief Commercial Officer, Freddy Rivas has joined as Chief Credit Officer and Chris Morgan has been named Chief Information Security Officer. Each executive brings deep industry experience and a strong track record of leadership in financial services, technology, and risk management. Mr. Hall brings a background in product strategy and innovation, having most recently served as Head of Product, Engineering, and Design at SoFi Bank. There, he led the development of core consumer banking products and helped launch the bank’s platform services. He previously worked with The Boston Consulting Group’s Digital Ventures arm, building fintech businesses and advising global banks on transformation strategy. Mr. Costigan joins Coastal from OnePay, a Walmart and Ribbit Capital joint venture, where he served as Vice President of Business Development. At OnePay, he led the company’s $40 million Series B raise, scaled customer growth channels, and negotiated critical agreements across payments, card networks, and new product partnerships. Mr. Rivas brings over two decades of commercial banking and credit leadership experience, most recently as Chief Risk Officer at Santander for consumer and business banking. Prior to that he held various leadership roles at BBVA and Citi where he led credit policy development, managed complex loan portfolios, and built high-performing risk and underwriting teams to support sustained portfolio growth. Mr. Morgan most recently served as Chief Information Security Officer at Even Responsible Finance and OnePay, where he scaled the security function from a team of two to 25 and implemented robust governance programs to support rapid product growth across national channels. Prior to that, he held multiple roles at the Federal Reserve System, where he helped define and implement national security programs and analytics initiatives.Major Estimate Revision • Aug 05Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$628.8m to US$551.0m. EPS estimate fell from US$3.92 to US$3.36 per share. Net income forecast to grow 62% next year vs 16% growth forecast for Banks industry in the US. Consensus price target up from US$111 to US$116. Share price fell 2.1% to US$95.18 over the past week.Price Target Changed • Jul 30Price target increased by 9.5% to US$115Up from US$105, the current price target is an average from 4 analysts. New target price is 16% above last closing price of US$99.52. Stock is up 89% over the past year. The company is forecast to post earnings per share of US$3.30 for next year compared to US$3.35 last year.Reported Earnings • Jul 29Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: US$0.73 (down from US$0.86 in 2Q 2024). Revenue: US$87.2m (up 18% from 2Q 2024). Net income: US$11.0m (down 4.9% from 2Q 2024). Profit margin: 13% (down from 16% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 21%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 56% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 29Coastal Financial Corporation Announces Net Charge-Offs for the Second Quarter Ended June 30, 2025Coastal Financial Corporation announced Net charge-offs for the second quarter ended June 30, 2025. Net charge-offs totaled $49.3 million for the quarter ended June 30, 2025, compared to $48.2 million for the quarter ended March 31, 2025 and $53.0 million for the quarter ended June 30, 2024.分析記事 • Jul 23Is Now The Time To Put Coastal Financial (NASDAQ:CCB) On Your Watchlist?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...お知らせ • Jun 30+ 6 more updatesCoastal Financial Corporation(NasdaqGS:CCB) dropped from Russell Small Cap Comp Value IndexCoastal Financial Corporation(NasdaqGS:CCB) dropped from Russell Small Cap Comp Value IndexValuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$96.89, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 11x in the Banks industry in the US. Total returns to shareholders of 154% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$131 per share.New Risk • May 21New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$403k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.Recent Insider Transactions • May 21Executive VP recently sold US$277k worth of stockOn the 16th of May, Joel Edwards sold around 3k shares on-market at roughly US$88.44 per share. This transaction amounted to 9.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Joel has been a net seller over the last 12 months, reducing personal holdings by US$817k.Recent Insider Transactions Derivative • May 18Executive VP notifies of intention to sell stockJoel Edwards intends to sell 3k shares in the next 90 days after lodging an Intent To Sell Form on the 16th of May. If the sale is conducted around the recent share price of US$88.44, it would amount to US$277k. Since June 2024, Joel's direct individual holding has increased from 30.87k shares to 33.55k. Company insiders have collectively sold US$1.4m more than they bought, via options and on-market transactions in the last 12 months.Major Estimate Revision • May 06Consensus revenue estimates fall by 13%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$725.3m to US$628.6m. EPS estimate fell from US$4.64 to US$3.89 per share. Net income forecast to grow 49% next year vs 14% growth forecast for Banks industry in the US. Consensus price target broadly unchanged at US$109. Share price fell 8.9% to US$79.48 over the past week.お知らせ • Apr 30Coastal Financial Corporation Reports Net Charge-Offs for the First Quarter Ended March 31, 2025Coastal Financial Corporation reported net charge-offs for the first quarter ended March 31, 2025. Net charge-offs totaled $48.2 million for the quarter ended March 31, 2025, compared to $57.0 million for the quarter ended March 31, 2024.Reported Earnings • Apr 29First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: US$0.65 (up from US$0.51 in 1Q 2024). Revenue: US$83.8m (up 29% from 1Q 2024). Net income: US$9.73m (up 43% from 1Q 2024). Profit margin: 12% (up from 11% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 53% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 09Coastal Financial Corporation, Annual General Meeting, May 28, 2025Coastal Financial Corporation, Annual General Meeting, May 28, 2025.Reported Earnings • Mar 18Full year 2024 earnings: EPS in line with expectations, revenues disappointFull year 2024 results: EPS: US$3.35. Revenue: US$303.6m (up 21% from FY 2023). Net income: US$45.2m (up 1.4% from FY 2023). Profit margin: 15% (down from 18% in FY 2023). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 7.18% (up from 6.88% in FY 2023). Cost-to-income ratio: 42.4% (down from 44.7% in FY 2023). Non-performing loans: 1.79% (up from 1.78% in FY 2023). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 51% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Banks industry in the US.Seeking Alpha • Mar 17Coastal Financial: Worsening Consumer Sentiment To Slow GrowthSummary The outlook on CCB’s key focus area of consumer loans is now worse than before because of the sudden deterioration of consumer sentiment. The provision expense, which has already gotten quite bloated, will likely worsen some more this year because of the negative outlook. Even after a slowdown, loan growth will likely remain in double digits. I’m reducing my EPS estimate to $4.67 from my previous estimate of $5.39. My new EPS estimate suggests earnings growth of 47% year-over-year. The year-end target price suggests a 7.3% price downside asof the writing of this report. Hence, I’m maintaining a hold rating on CCB. Read the full article on Seeking AlphaValuation Update With 7 Day Price Move • Mar 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$82.99, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 11x in the Banks industry in the US. Total returns to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$163 per share.Recent Insider Transactions Derivative • Feb 10CEO & Director exercised options and sold US$419k worth of stockOn the 5th of February, Eric Sprink exercised 8.91k options at around US$6.50, then sold 5k of the shares acquired at an average of US$85.02 per share and kept the remainder. For the year to December 2018, Eric's total compensation was 45% salary and 55% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Eric's direct individual holding has decreased from 164.64k shares to 94.90k. Company insiders have collectively sold US$1.3m more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Jan 29Coastal Financial Corporation Reports Net Charge-Offs Results for the Fourth Quarter Ended December 31, 2024Coastal Financial Corporation reported net charge-offs results for the fourth quarter ended December 31, 2024. For the quarter, the company reported net charge-offs totaled $55.9 million compared to $44.9 million a year ago.New Risk • Jan 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$85.97, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Banks industry in the US. Total returns to shareholders of 80% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$148 per share.お知らせ • Dec 12Coastal Financial Corporation has completed a Follow-on Equity Offering in the amount of $85.2 million.Coastal Financial Corporation has completed a Follow-on Equity Offering in the amount of $85.2 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 1,200,000 Price\Range: $71 Discount Per Security: $3.55お知らせ • Dec 11Coastal Financial Corporation has filed a Follow-on Equity Offering.Coastal Financial Corporation has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common StockPrice Target Changed • Dec 10Price target increased by 9.5% to US$83.50Up from US$76.25, the current price target is an average from 4 analysts. New target price is 12% above last closing price of US$74.69. Stock is up 75% over the past year. The company is forecast to post earnings per share of US$3.32 for next year compared to US$3.36 last year.Price Target Changed • Dec 04Price target increased by 8.4% to US$80.50Up from US$74.25, the current price target is an average from 4 analysts. New target price is 5.0% above last closing price of US$76.64. Stock is up 88% over the past year. The company is forecast to post earnings per share of US$3.28 for next year compared to US$3.36 last year.Seeking Alpha • Nov 20Coastal Financial: Outlook Of Earnings Surge Appears Priced InSummary Based on Washington’s economy, I’m expecting Coastal Financial's provision expense for loan losses to remain elevated. Credit demand will most probably remain stable, which will drive both non-interest income and net interest income. The net interest income will also receive support from rate cuts because CCB’s books are liability-sensitive, meaning funding costs will fall more than asset yields. The December 2025 target price suggests a low-to-mid single-digit price upside. CCB does not pay dividends currently. Read the full article on Seeking AlphaBoard Change • Nov 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 5 highly experienced directors. President of CCBX Division & Director Brian Hamilton was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Price Target Changed • Oct 29Price target increased by 11% to US$71.75Up from US$64.50, the current price target is an average from 4 analysts. New target price is 11% above last closing price of US$64.51. Stock is up 74% over the past year. The company is forecast to post earnings per share of US$3.30 for next year compared to US$3.36 last year.Reported Earnings • Oct 28Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: US$1.00 (up from US$0.77 in 3Q 2023). Revenue: US$82.0m (up 18% from 3Q 2023). Net income: US$13.5m (up 31% from 3Q 2023). Profit margin: 16% (up from 15% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 2.1%. Revenue is forecast to grow 44% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 18% per year.お知らせ • Oct 08Coastal Financial Corporation Appoints Brian Hamilton as President of CCBX DivisionCoastal Financial Corporation has announced that Brian Hamilton has been appointed as president of CCBX division, the bank's FinTech and banking-as-a-service (BaaS) arm. As part of a reorganisation of the company's leadership structure, the role of president has been bifurcated, with Hamilton leading CCBX, while Curt Queyrouze, president of the company and the bank, will oversee the community bank division and corporate credit. Hamilton, who has over 25 years of experience in financial technology and banking, has held senior leadership roles at Capital One, Wells Fargo, and Verifone. He also founded and operated multiple fintech companies, including ONE and Azlo, a digital bank for small businesses.Recent Insider Transactions • Sep 25Independent Director recently sold US$128k worth of stockOn the 20th of September, Steven Hovde sold around 2k shares on-market at roughly US$53.56 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$186k. Insiders have been net sellers, collectively disposing of US$1.0m more than they bought in the last 12 months.Recent Insider Transactions Derivative • Sep 16CEO & Director exercised options to buy US$684k worth of stock.On the 13th of September, Eric Sprink exercised options to buy 14k shares at a strike price of around US$7.20, costing a total of US$98k. This transaction amounted to 9.0% of their direct individual holding at the time of the trade. Since March 2024, Eric has owned 164.64k shares directly. Company insiders have collectively sold US$777k more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Aug 29Independent Director recently sold US$186k worth of stockOn the 28th of August, Steven Hovde sold around 4k shares on-market at roughly US$53.15 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$773k more than they bought in the last 12 months.Major Estimate Revision • Aug 05Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$687.6m to US$606.3m. EPS estimate fell from US$3.46 to US$3.42 per share. Net income forecast to grow 68% next year vs 9.4% growth forecast for Banks industry in the US. Consensus price target up from US$54.50 to US$62.00. Share price fell 6.6% to US$49.22 over the past week.Price Target Changed • Aug 01Price target increased by 14% to US$62.00Up from US$54.50, the current price target is an average from 4 analysts. New target price is 18% above last closing price of US$52.70. Stock is up 18% over the past year. The company is forecast to post earnings per share of US$3.42 for next year compared to US$3.36 last year.Reported Earnings • Jul 30Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: US$0.86 (down from US$0.97 in 2Q 2023). Revenue: US$73.8m (up 7.5% from 2Q 2023). Net income: US$11.6m (down 10% from 2Q 2023). Profit margin: 16% (down from 19% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 18%. Earnings per share (EPS) exceeded analyst estimates by 4.7%. Revenue is forecast to grow 59% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 22% per year.Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$50.36, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Banks industry in the US. Total returns to shareholders of 83% over the past three years.Recent Insider Transactions • May 27Executive VP recently sold US$540k worth of stockOn the 24th of May, Joel Edwards sold around 12k shares on-market at roughly US$43.50 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Joel's only on-market trade for the last 12 months.Recent Insider Transactions Derivative • May 26Executive VP notifies of intention to sell stockJoel Edwards intends to sell 12k shares in the next 90 days after lodging an Intent To Sell Form on the 23rd of May. If the sale is conducted around the recent share price of US$44.45, it would amount to US$552k. Since March 2024, Joel has owned 43.29k shares directly. Company insiders have collectively sold US$919k more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Apr 30First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: US$0.51 (down from US$0.94 in 1Q 2023). Revenue: US$64.7m (up 7.7% from 1Q 2023). Net income: US$6.80m (down 45% from 1Q 2023). Profit margin: 11% (down from 21% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 22%. Earnings per share (EPS) missed analyst estimates by 34%. Revenue is forecast to grow 50% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 06Coastal Financial Corporation, Annual General Meeting, May 22, 2024Coastal Financial Corporation, Annual General Meeting, May 22, 2024, at 18:00 Pacific Standard Time. Agenda: To elect Sadhana Akella-Mishra, Brian T. Hamilton, Eric M. Sprink and Pamela R. Unger as directors to serve for a term of three years until the 2027 annual meeting of shareholders; to consider an advisory (non-binding) vote to approve the compensation paid to our named executive officers; to consider an advisory (non-binding) vote on the frequency of future advisory votes on compensation paid to our named executive officers; and to consider other matters.Reported Earnings • Mar 17Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: US$3.36 (up from US$3.14 in FY 2022). Revenue: US$261.9m (up 21% from FY 2022). Net income: US$44.6m (up 9.7% from FY 2022). Profit margin: 17% (down from 19% in FY 2022). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 7.10% (up from 5.97% in FY 2022). Cost-to-income ratio: 45.9% (down from 56.3% in FY 2022). Non-performing loans: 1.77% (up from 1.26% in FY 2022). Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is forecast to grow 45% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Feb 06Consensus revenue estimates increase by 35%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from US$414.5m to US$557.5m. EPS estimate fell from US$4.14 to US$3.80. Net income forecast to grow 17% next year vs 3.7% decline forecast for Banks industry in the US. Consensus price target down from US$55.50 to US$54.38. Share price fell 9.7% to US$38.04 over the past week.お知らせ • Jan 31Coastal Financial Corporation Announces Net Charge Offs for the Quarter Ended December 31, 2023Coastal Financial Corporation announced net charge offs for the quarter ended December 31, 2023. Net charge-offs in loans were $1.5 million for the three months ended December 31, 2023, compared to $579,000 for the three months ended September 30, 2023 and $216,000 for the three months ended December 31, 2022.Reported Earnings • Jan 30Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: US$3.36 (up from US$3.14 in FY 2022). Revenue: US$261.9m (up 21% from FY 2022). Net income: US$44.6m (up 9.7% from FY 2022). Profit margin: 17% (down from 19% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 05Coastal Financial Corporation Appoints Brian Hamilton to its Board of DirectorsCoastal Financial Corporation announced that Brian Hamilton has joined its Board of Directors. Mr. Hamilton is a seasoned financial technology executive and business leader, with more than 25 years of experience in the banking, lending, payments, and digital product development industries. A serial entrepreneur, with deep expertise in domestic and international settlement systems and digital platforms, Mr. Hamilton has held senior leadership roles at Capital One, serving as President of their Merchant Services division, Wells Fargo, and Verifone, in addition to founding and operating multiple companies in the fintech space. Most recently Mr. Hamilton was co-founder and CEO of ONE (One Finance Inc.), which was acquired by a Walmart-led joint venture in 2022. Prior to co-founding ONE, he was the founder of Azlo, a digital bank for small businesses, and helped to build out the BBVA Open Platform for sponsor banking services. An honors graduate of Oregon State University, with technical certifications from Wells Fargo’s commercial banking school and various industry groups, Mr. Hamilton has extensive experience across multiple aspects of the finance and technology industries, thought leadership, public speaking, and mergers and acquisitions.Major Estimate Revision • Nov 03Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$475.5m to US$416.1m. EPS estimate fell from US$3.79 to US$3.35 per share. Net income forecast to grow 11% next year vs 10% decline forecast for Banks industry in the US. Consensus price target of US$54.00 unchanged from last update. Share price fell 4.8% to US$38.81 over the past week.Price Target Changed • Nov 01Price target decreased by 7.1% to US$54.00Down from US$58.13, the current price target is an average from 3 analysts. New target price is 47% above last closing price of US$36.80. Stock is down 22% over the past year. The company is forecast to post earnings per share of US$3.35 for next year compared to US$3.14 last year.分析記事 • Nov 01Analysts Just Shaved Their Coastal Financial Corporation (NASDAQ:CCB) Forecasts DramaticallyMarket forces rained on the parade of Coastal Financial Corporation ( NASDAQ:CCB ) shareholders today, when the...Reported Earnings • Oct 29Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: US$0.77 (down from US$0.86 in 3Q 2022). Revenue: US$69.6m (up 6.8% from 3Q 2022). Net income: US$10.3m (down 7.5% from 3Q 2022). Profit margin: 15% (down from 17% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 19%. Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 38% per year.お知らせ • Oct 28Coastal Financial Corporation Reports Unaudited Net Charge-Offs for the Quarter Ended September 30, 2023Coastal Financial Corporation reported unaudited net charge-offs for the quarter ended September 30, 2023. For the quarter, the company reported Net charge-offs totaled $36.8 million as compared to $8.5 million for the quarter ended September 30, 2022.お知らせ • Aug 02Coastal Financial Corporation Announces Management AppointmentsCoastal Financial Corporation announced that Brian Ferrell has joined the Bank as Executive Vice President, Head of Financial Crimes Compliance, and Bill Rhodes has joined as Executive Vice President, Chief Audit Executive. Brian is a seasoned corporate regulatory and federal government leader with more than 30 years of expertise in the financial services sector. He has deep expertise in the Anti-Money Laundering (AML) rules and regulations relating to the Bank Secrecy Act/USA PATRIOT managing the complex regulatory and compliance demands faced by diversified financial services institutions. A graduate of Creighton University with a B.A., Creighton University School of Law with a Juris Doctorate, and Vermont Law and Graduate School with a master's in environmental law and policy, he held leadership roles at the U.S. Department of the Treasury, The Hartford Financial Services Group, and most recently EY, as Principal, Senior Financial Crimes Compliance Practice Leader. Bill is an executive internal audit leader with more than 20 years of experience spanning both internal and external audit across the Financial Services sector, most recently in scaling the internal audit function of Silicon Valley Bank. Prior to his time at Silicon Valley Bank, Bill worked for PricewaterhouseCoopers, TD Bank Financial Group, and Arthur Andersen. As a graduate of York University with a B.A. in Psychology, University of Windsor with a Bachelor of Commerce with honors, and a Canadian Chartered Accountant, Bill has a track record of leading and transforming the Internal Audit function of rapidly growing financial services institutions. His work includes leading independent assessments on a wide range of topics affecting the financial services industry.Reported Earnings • Jul 28Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: US$0.97 (up from US$0.79 in 2Q 2022). Revenue: US$68.3m (up 33% from 2Q 2022). Net income: US$12.9m (up 27% from 2Q 2022). Profit margin: 19% (in line with 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.3%. Revenue is forecast to grow 57% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 28Coastal Financial Corporation Reports Unaudited Net Charge-Offs Results for the Second Quarter Ended June 30, 2023Coastal Financial Corporation reported unaudited net charge-offs results for the second quarter ended June 30, 2023. For the quarter, the group reported total net charge-offs of $30,959,000 against $3,506,000 a year ago.Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to US$40.40, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Banks industry in the US. Total returns to shareholders of 175% over the past three years.Recent Insider Transactions Derivative • Mar 19CEO & Director exercised options to buy US$1.5m worth of stock.On the 14th of March, Eric Sprink exercised options to buy 40k shares at a strike price of around US$6.25, costing a total of US$249k. This transaction amounted to 30% of their direct individual holding at the time of the trade. Since March 2022, Eric's direct individual holding has increased from 28.05k shares to 137.22k. Company insiders have collectively bought US$1.2m more than they sold, via options and on-market transactions, in the last 12 months.Reported Earnings • Mar 18Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: US$3.14 (up from US$2.25 in FY 2021). Revenue: US$217.4m (up 123% from FY 2021). Net income: US$40.6m (up 50% from FY 2021). Profit margin: 19% (down from 28% in FY 2021). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 5.97% (up from 3.73% in FY 2021). Cost-to-income ratio: 56.3% (down from 58.8% in FY 2021). Non-performing loans: 1.26% (up from 0.10% in FY 2021). Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 4.1%. Revenue is forecast to grow 42% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Mar 15Independent Director recently bought US$1.1m worth of stockOn the 14th of March, Steven Hovde bought around 30k shares on-market at roughly US$37.71 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$896k more in shares than they have sold in the last 12 months.Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$38.84, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Banks industry in the US. Total returns to shareholders of 179% over the past three years.Recent Insider Transactions Derivative • Mar 05Executive VP & COO exercised options and sold US$53k worth of stockOn the 2nd of March, John Dickson exercised 2.25k options at around US$6.25, then sold 2k of the shares acquired at an average of US$41.25 per share and kept the remainder. Since March 2022, John's direct individual holding has decreased from 26.00k shares to 22.50k. Company insiders have collectively sold US$301k more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Jan 28Coastal Financial Corporation Reports Net Charge Off for the Fourth Quarter Ended December 31, 2022Coastal Financial Corporation reported net charge off for the fourth quarter ended December 31, 2022. Net charge-offs totaled $18.9 million for the quarter ended December 31, 2022, compared to $532,000 for the quarter ended December 31, 2021.収支内訳Coastal Financial の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史NasdaqGS:CCB 収益、費用、利益 ( )USD Millions日付収益収益G+A経費研究開発費30 Jun 26362-4155031 Mar 2636349143031 Dec 2534947137030 Sep 2534448129030 Jun 2533648124031 Mar 2532248115031 Dec 2430445107030 Sep 2427241100030 Jun 2426138102031 Mar 2425739101031 Dec 232524598030 Sep 232614998030 Jun 232575091031 Mar 232394782031 Dec 222164172030 Sep 221853567030 Jun 221443060031 Mar 221162756031 Dec 21982752030 Sep 21842445030 Jun 21742240031 Mar 21651835031 Dec 20571533030 Sep 20531432030 Jun 20511430031 Mar 20491329031 Dec 19481328030 Sep 19461327030 Jun 19441226031 Mar 19411125031 Dec 18381023030 Sep 1836722030 Jun 1834621031 Mar 1833620031 Dec 1732520031 Dec 16285180質の高い収益: CCBは現在利益が出ていません。利益率の向上: CCBは現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: CCBは利益を出していないが、過去 5 年間で年間5.6%の割合で損失を削減してきた。成長の加速: CCBの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: CCBは利益が出ていないため、過去 1 年間の収益成長をBanks業界 ( 23.9% ) と比較することは困難です。株主資本利益率高いROE: CCBは現在利益が出ていないため、自己資本利益率 ( -0.83% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YBanks 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/06 18:54終値2026/08/06 00:00収益2026/06/30年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Coastal Financial Corporation 4 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。7 アナリスト機関Timothy SwitzerKeefe, Bruyette, & WoodsMichael RoseRaymond James & AssociatesJoseph YanchunisRaymond James & Associates4 その他のアナリストを表示
Reported Earnings • Jul 31Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2026 results: US$2.76 loss per share (down from US$0.73 profit in 2Q 2025). Revenue: US$85.9m (down 1.5% from 2Q 2025). Net loss: US$42.1m (down 482% from profit in 2Q 2025). Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 42% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 24Coastal Financial Corporation to Report Q2, 2026 Results on Jul 30, 2026Coastal Financial Corporation announced that they will report Q2, 2026 results Pre-Market on Jul 30, 2026
お知らせ • May 02Coastal Financial Corporation Reports Charge Offs for the First Quarter Ended March 31, 2026Coastal Financial Corporation reported charge offs for the first quarter ended March 31, 2026. For the period, the company reported net charge-offs of $49,587,000 compared to $48,200,000 a year ago.
Reported Earnings • Apr 30First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: US$0.79 (up from US$0.65 in 1Q 2025). Revenue: US$98.0m (up 17% from 1Q 2025). Net income: US$12.0m (up 24% from 1Q 2025). Profit margin: 12% (in line with 1Q 2025). Revenue exceeded analyst estimates by 7.8%. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to grow 43% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 02Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: US$3.12. Revenue: US$349.0m (up 15% from FY 2024). Net income: US$47.0m (up 3.9% from FY 2024). Profit margin: 14% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 7.14% (down from 7.18% in FY 2024). Cost-to-income ratio: 53.1% (up from 42.4% in FY 2024). Non-performing loans: 1.71% (down from 1.79% in FY 2024). Revenue exceeded analyst estimates by 5.9%. Earnings per share (EPS) missed analyst estimates by 6.1%. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Banks industry in the US.
Reported Earnings • Oct 30Third quarter 2025 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2025 results: EPS: US$0.90. Revenue: US$88.1m (up 7.4% from 3Q 2024). Net income: US$13.6m (up 1.0% from 3Q 2024). Profit margin: 15% (down from 16% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Banks industry in the US.
新しいナラティブ • Jul 31BaaS Partner Strains And Cost Pressures Will Shape A Cautious Yet Resilient OutlookCatalysts About Coastal Financial Coastal Financial operates a community bank paired with a banking as a service platform that supports digital banking and payments programs for partner companies. What are the underlying business or industry changes driving this perspective?
Reported Earnings • Jul 31Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2026 results: US$2.76 loss per share (down from US$0.73 profit in 2Q 2025). Revenue: US$85.9m (down 1.5% from 2Q 2025). Net loss: US$42.1m (down 482% from profit in 2Q 2025). Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 42% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Price Target Changed • Jul 31Price target decreased by 29% to US$75.50Down from US$106, the current price target is an average from 4 analysts. New target price is 84% above last closing price of US$40.99. Stock is down 56% over the past year. The company is forecast to post earnings per share of US$4.49 for next year compared to US$3.12 last year.
お知らせ • Jul 31+ 2 more updatesCoastal Financial Corporation Announces Appointment of Thomas Lane as Lead Independent Director, Effective July 29, 2026Coastal Financial Corporation announced that following the appointment of Mr. Adams as Executive Chair, the Board appointed Thomas Lane as Lead Independent Director, effective July 29, 2026. Mr. Lane would receive compensation for his service as Lead Independent Director consistent with the Company's non-employee director compensation program.
New Risk • Jul 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
お知らせ • Jul 24Coastal Financial Corporation to Report Q2, 2026 Results on Jul 30, 2026Coastal Financial Corporation announced that they will report Q2, 2026 results Pre-Market on Jul 30, 2026
お知らせ • Jul 23+ 1 more updateCoastal Financial Corporation Announces Stepping Down of Brandon Soto as Executive Vice President, Effective August 15, 2026On July 22, 2026, Coastal Financial Corporation announced that Brandon Soto, Executive Vice President will step down from his role as Executive Vice President of the Company, effective August 15, 2026, to pursue a position as the Chief Executive Officer of a banking subsidiary of a privately held company in the financial technology sector. Mr. Soto’s departure is not related to any disagreements with the Company.
ライブニュース • Jul 15Pliant Picks Coastal Financial as Sponsor Bank for US Commercial Card Market EntryPliant has officially launched in the U.S. through a partnership with Coastal Financial, which will act as Pliant’s U.S. sponsor bank to support compliant market entry and long-term scalability in the commercial card market. The arrangement is important for Coastal Financial because it plugs the bank into Pliant’s planned agent-based issuing structures and wider U.S. banking ecosystem footprint, tying Coastal to the company’s expansion in one of the world’s largest commercial card markets. Coastal Financial shares trade at about $78.85, with the stock down 30.4% year to date, so this new sponsorship role comes against a backdrop of recent share price weakness. The main read-through is that Coastal Financial is deepening its role as an infrastructure provider to fintechs, which could broaden revenue sources but also increases execution and compliance risk tied to Pliant’s U.S. rollout.
Seeking Alpha • May 18Coastal Financial's Plunge Doesn't Mean To Start Banking On This NameSummary Coastal Financial Corporation remains a ‘hold’ despite a 39% stock decline, as valuation remains elevated versus peers. CCB's differentiated CCBX Banking-as-a-Service segment drives growth but introduces higher credit risk and asset quality concerns. Non-performing assets and non-accrual loans exceed preferred thresholds, with credit card and consumer loan delinquencies rising. Profitability metrics lag peer benchmarks, and premium valuation is not justified by current asset quality or returns. Read the full article on Seeking Alpha
Recent Insider Transactions Derivative • May 04President of CCBX Division & Director notifies of intention to sell stockBrian Hamilton intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of May. If the sale is conducted around the recent share price of US$75.44, it would amount to US$778k. Since June 2025, Brian's direct individual holding has increased from 28.20k shares to 74.57k. Company insiders have collectively sold US$3.3m more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • May 02Coastal Financial Corporation Reports Charge Offs for the First Quarter Ended March 31, 2026Coastal Financial Corporation reported charge offs for the first quarter ended March 31, 2026. For the period, the company reported net charge-offs of $49,587,000 compared to $48,200,000 a year ago.
Price Target Changed • May 01Price target decreased by 16% to US$106Down from US$126, the current price target is an average from 4 analysts. New target price is 39% above last closing price of US$76.39. Stock is down 6.1% over the past year. The company is forecast to post earnings per share of US$4.40 for next year compared to US$3.12 last year.
Reported Earnings • Apr 30First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: US$0.79 (up from US$0.65 in 1Q 2025). Revenue: US$98.0m (up 17% from 1Q 2025). Net income: US$12.0m (up 24% from 1Q 2025). Profit margin: 12% (in line with 1Q 2025). Revenue exceeded analyst estimates by 7.8%. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to grow 43% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.
お知らせ • Apr 14Coastal Financial Corporation, Annual General Meeting, May 27, 2026Coastal Financial Corporation, Annual General Meeting, May 27, 2026. Location: register at, United States
Recent Insider Transactions Derivative • Apr 07President of CCBX Division & Director notifies of intention to sell stockBrian Hamilton intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 30th of March. If the sale is conducted around the recent share price of US$75.82, it would amount to US$164k. Since June 2025, Brian's direct individual holding has increased from 28.20k shares to 77.88k. Company insiders have collectively sold US$3.4m more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Mar 02Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: US$3.12. Revenue: US$349.0m (up 15% from FY 2024). Net income: US$47.0m (up 3.9% from FY 2024). Profit margin: 14% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 7.14% (down from 7.18% in FY 2024). Cost-to-income ratio: 53.1% (up from 42.4% in FY 2024). Non-performing loans: 1.71% (down from 1.79% in FY 2024). Revenue exceeded analyst estimates by 5.9%. Earnings per share (EPS) missed analyst estimates by 6.1%. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Banks industry in the US.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$84.97, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 11x in the Banks industry in the US. Total returns to shareholders of 83% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$162 per share.
Major Estimate Revision • Feb 02Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from US$652.4m to US$617.0m. EPS estimate also fell from US$6.07 per share to US$5.28 per share. Net income forecast to grow 55% next year vs 14% growth forecast for Banks industry in the US. Consensus price target down from US$138 to US$132. Share price fell 10% to US$98.41 over the past week.
Recent Insider Transactions Derivative • Jan 29CEO & Director exercised options and sold US$920k worth of stockOn the 26th of January, Eric Sprink exercised 10.79k options at around US$6.25, then sold 9k of the shares acquired at an average of US$108 per share and kept the remainder. For the year to December 2019, Eric's total compensation was 45% salary and 55% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Eric's direct individual holding has decreased from 101.78k shares to 22.70k. Company insiders have collectively sold US$3.8m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Dec 09Vice Chairman recently sold US$635k worth of stockOn the 8th of December, Steven Hovde sold around 6k shares on-market at roughly US$113 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Steven's only on-market trade for the last 12 months.
Buy Or Sell Opportunity • Dec 03Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.6% to US$107. The fair value is estimated to be US$135, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 121% in 2 years. Earnings are forecast to grow by 147% in the next 2 years.
Buy Or Sell Opportunity • Nov 13Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.8% to US$105. The fair value is estimated to be US$135, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 121% in 2 years. Earnings are forecast to grow by 147% in the next 2 years.
Reported Earnings • Oct 30Third quarter 2025 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2025 results: EPS: US$0.90. Revenue: US$88.1m (up 7.4% from 3Q 2024). Net income: US$13.6m (up 1.0% from 3Q 2024). Profit margin: 15% (down from 16% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Banks industry in the US.
Price Target Changed • Oct 09Price target increased by 8.4% to US$125Up from US$116, the current price target is an average from 5 analysts. New target price is 13% above last closing price of US$111. Stock is up 105% over the past year. The company is forecast to post earnings per share of US$3.35 for next year compared to US$3.35 last year.
お知らせ • Oct 03Coastal Financial Corporation Announces Resignation of Andrew Stines as Executive Vice President and Chief Risk Officer, Effective October 1, 2025On September 29, 2025, Andrew Stines resigned as Executive Vice President and Chief Risk Officer of Coastal Financial Corporation (the “Company"), effective October 1, 2025, in order to pursue other professional opportunities. Mr. Stine’s resignation is not the result of any disagreement with Coastal or its Board of Directors.
お知らせ • Sep 23+ 1 more updateCoastal Financial Corporation Announces Chief Financial Officer Changes, Effective October 1, 2025On September 22, 2025, Coastal Financial Corporation (the “Company”) appointed Brandon Soto as Chief Financial Officer of the Company, effective October 1, 2025. Joel G. Edwards will continue as Chief Financial Officer until October 1, 2025. Mr. Soto, 51, joins the Company after serving as Chief Financial Officer of Square Financial Services Inc., a subsidiary of Block Inc., where he led the bank’s financial operations for seven years. In that role, Mr. Soto oversaw accounting, financial analysis, budgeting and forecasting, financial reporting to the Board of Directors, management, and regulators, as well as treasury functions including funding, asset and liability management, and interest rate risk management. He was also a key contributor in authoring the bank’s application and securing approvals from the Federal Deposit Insurance Corporation and the Utah Department of Financial Institutions. Mr. Soto directed the Finance function, encompassing accounting, financial analysis, budgeting, forecasting, and comprehensive financial reporting to the Board of Directors, management, and regulators. He also managed all Treasury activities, including funding, asset-liability management, and interest rate risk management. Under his leadership, Square Financial Services consistently met its capital requirements and effectively positioned itself for disciplined, strategic growth. Previous to Square Financial Services, Mr. Soto served as Chief Financial Officer and Chief Administrative Officer of Green Dot Bank, a subsidiary of Green Dot Corporation, and as Controller of Sallie Mae Bank. Earlier in his career, he held finance and treasury positions with Chrysler Financial Bank (in application), Allegiance Direct Bank, Toyota Financial Savings Bank, JPMorgan Chase, Volvo Commercial Credit Corp, Franklin-Templeton Bank & Trust, First USA Paymentech, and Discover Financial Services.Mr. Soto’s appointment as CFO marks a new chapter for Coastal, reaffirming its dedication to operating excellence, strong regulatory stewardship, and the continued scaling of both its fintech and community banking divisions. With more than two decades of experience spanning major financial institutions and fintech brands, Mr. Soto brings a wealth of industry expertise and strategic foresight. Mr. Soto holds an MBA with a Graduate Certificate in Accounting from Westminster University and a Bachelor of Science in Finance and Accounting from the University of Utah. He is a licensed CPA in Utah and a graduate of the McKinsey Hispanic & Latino Executive Leadership Program, underscoring his commitment to lifelong learning and leadership development.
Recent Insider Transactions • Sep 19Independent Director recently sold US$475k worth of stockOn the 15th of September, Stephan Klee sold around 4k shares on-market at roughly US$109 per share. This transaction amounted to 61% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.3m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Sep 16Independent Director notifies of intention to sell stockStephan Klee intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of September. If the sale is conducted around the recent share price of US$109, it would amount to US$475k. Since June 2025, Stephan has owned 7.13k shares directly. Company insiders have collectively sold US$1.0m more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Aug 13Coastal Financial Corporation and Coastal Community Bank Expands Executive Team with Key Leadership AppointmentsCoastal Financial Corporation and its subsidiary, Coastal Community Bank announced the appointment of four new members to its executive leadership team to support the Company’s continued growth across its digital banking and community-focused initiatives. Ryan Hall has joined as Chief Product Officer, Michael Costigan has been appointed Chief Commercial Officer, Freddy Rivas has joined as Chief Credit Officer and Chris Morgan has been named Chief Information Security Officer. Each executive brings deep industry experience and a strong track record of leadership in financial services, technology, and risk management. Mr. Hall brings a background in product strategy and innovation, having most recently served as Head of Product, Engineering, and Design at SoFi Bank. There, he led the development of core consumer banking products and helped launch the bank’s platform services. He previously worked with The Boston Consulting Group’s Digital Ventures arm, building fintech businesses and advising global banks on transformation strategy. Mr. Costigan joins Coastal from OnePay, a Walmart and Ribbit Capital joint venture, where he served as Vice President of Business Development. At OnePay, he led the company’s $40 million Series B raise, scaled customer growth channels, and negotiated critical agreements across payments, card networks, and new product partnerships. Mr. Rivas brings over two decades of commercial banking and credit leadership experience, most recently as Chief Risk Officer at Santander for consumer and business banking. Prior to that he held various leadership roles at BBVA and Citi where he led credit policy development, managed complex loan portfolios, and built high-performing risk and underwriting teams to support sustained portfolio growth. Mr. Morgan most recently served as Chief Information Security Officer at Even Responsible Finance and OnePay, where he scaled the security function from a team of two to 25 and implemented robust governance programs to support rapid product growth across national channels. Prior to that, he held multiple roles at the Federal Reserve System, where he helped define and implement national security programs and analytics initiatives.
Major Estimate Revision • Aug 05Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$628.8m to US$551.0m. EPS estimate fell from US$3.92 to US$3.36 per share. Net income forecast to grow 62% next year vs 16% growth forecast for Banks industry in the US. Consensus price target up from US$111 to US$116. Share price fell 2.1% to US$95.18 over the past week.
Price Target Changed • Jul 30Price target increased by 9.5% to US$115Up from US$105, the current price target is an average from 4 analysts. New target price is 16% above last closing price of US$99.52. Stock is up 89% over the past year. The company is forecast to post earnings per share of US$3.30 for next year compared to US$3.35 last year.
Reported Earnings • Jul 29Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: US$0.73 (down from US$0.86 in 2Q 2024). Revenue: US$87.2m (up 18% from 2Q 2024). Net income: US$11.0m (down 4.9% from 2Q 2024). Profit margin: 13% (down from 16% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 21%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 56% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 29Coastal Financial Corporation Announces Net Charge-Offs for the Second Quarter Ended June 30, 2025Coastal Financial Corporation announced Net charge-offs for the second quarter ended June 30, 2025. Net charge-offs totaled $49.3 million for the quarter ended June 30, 2025, compared to $48.2 million for the quarter ended March 31, 2025 and $53.0 million for the quarter ended June 30, 2024.
分析記事 • Jul 23Is Now The Time To Put Coastal Financial (NASDAQ:CCB) On Your Watchlist?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
お知らせ • Jun 30+ 6 more updatesCoastal Financial Corporation(NasdaqGS:CCB) dropped from Russell Small Cap Comp Value IndexCoastal Financial Corporation(NasdaqGS:CCB) dropped from Russell Small Cap Comp Value Index
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$96.89, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 11x in the Banks industry in the US. Total returns to shareholders of 154% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$131 per share.
New Risk • May 21New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$403k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.
Recent Insider Transactions • May 21Executive VP recently sold US$277k worth of stockOn the 16th of May, Joel Edwards sold around 3k shares on-market at roughly US$88.44 per share. This transaction amounted to 9.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Joel has been a net seller over the last 12 months, reducing personal holdings by US$817k.
Recent Insider Transactions Derivative • May 18Executive VP notifies of intention to sell stockJoel Edwards intends to sell 3k shares in the next 90 days after lodging an Intent To Sell Form on the 16th of May. If the sale is conducted around the recent share price of US$88.44, it would amount to US$277k. Since June 2024, Joel's direct individual holding has increased from 30.87k shares to 33.55k. Company insiders have collectively sold US$1.4m more than they bought, via options and on-market transactions in the last 12 months.
Major Estimate Revision • May 06Consensus revenue estimates fall by 13%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$725.3m to US$628.6m. EPS estimate fell from US$4.64 to US$3.89 per share. Net income forecast to grow 49% next year vs 14% growth forecast for Banks industry in the US. Consensus price target broadly unchanged at US$109. Share price fell 8.9% to US$79.48 over the past week.
お知らせ • Apr 30Coastal Financial Corporation Reports Net Charge-Offs for the First Quarter Ended March 31, 2025Coastal Financial Corporation reported net charge-offs for the first quarter ended March 31, 2025. Net charge-offs totaled $48.2 million for the quarter ended March 31, 2025, compared to $57.0 million for the quarter ended March 31, 2024.
Reported Earnings • Apr 29First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: US$0.65 (up from US$0.51 in 1Q 2024). Revenue: US$83.8m (up 29% from 1Q 2024). Net income: US$9.73m (up 43% from 1Q 2024). Profit margin: 12% (up from 11% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 53% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 09Coastal Financial Corporation, Annual General Meeting, May 28, 2025Coastal Financial Corporation, Annual General Meeting, May 28, 2025.
Reported Earnings • Mar 18Full year 2024 earnings: EPS in line with expectations, revenues disappointFull year 2024 results: EPS: US$3.35. Revenue: US$303.6m (up 21% from FY 2023). Net income: US$45.2m (up 1.4% from FY 2023). Profit margin: 15% (down from 18% in FY 2023). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 7.18% (up from 6.88% in FY 2023). Cost-to-income ratio: 42.4% (down from 44.7% in FY 2023). Non-performing loans: 1.79% (up from 1.78% in FY 2023). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 51% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Banks industry in the US.
Seeking Alpha • Mar 17Coastal Financial: Worsening Consumer Sentiment To Slow GrowthSummary The outlook on CCB’s key focus area of consumer loans is now worse than before because of the sudden deterioration of consumer sentiment. The provision expense, which has already gotten quite bloated, will likely worsen some more this year because of the negative outlook. Even after a slowdown, loan growth will likely remain in double digits. I’m reducing my EPS estimate to $4.67 from my previous estimate of $5.39. My new EPS estimate suggests earnings growth of 47% year-over-year. The year-end target price suggests a 7.3% price downside asof the writing of this report. Hence, I’m maintaining a hold rating on CCB. Read the full article on Seeking Alpha
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$82.99, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 11x in the Banks industry in the US. Total returns to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$163 per share.
Recent Insider Transactions Derivative • Feb 10CEO & Director exercised options and sold US$419k worth of stockOn the 5th of February, Eric Sprink exercised 8.91k options at around US$6.50, then sold 5k of the shares acquired at an average of US$85.02 per share and kept the remainder. For the year to December 2018, Eric's total compensation was 45% salary and 55% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Eric's direct individual holding has decreased from 164.64k shares to 94.90k. Company insiders have collectively sold US$1.3m more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Jan 29Coastal Financial Corporation Reports Net Charge-Offs Results for the Fourth Quarter Ended December 31, 2024Coastal Financial Corporation reported net charge-offs results for the fourth quarter ended December 31, 2024. For the quarter, the company reported net charge-offs totaled $55.9 million compared to $44.9 million a year ago.
New Risk • Jan 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$85.97, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Banks industry in the US. Total returns to shareholders of 80% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$148 per share.
お知らせ • Dec 12Coastal Financial Corporation has completed a Follow-on Equity Offering in the amount of $85.2 million.Coastal Financial Corporation has completed a Follow-on Equity Offering in the amount of $85.2 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 1,200,000 Price\Range: $71 Discount Per Security: $3.55
お知らせ • Dec 11Coastal Financial Corporation has filed a Follow-on Equity Offering.Coastal Financial Corporation has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock
Price Target Changed • Dec 10Price target increased by 9.5% to US$83.50Up from US$76.25, the current price target is an average from 4 analysts. New target price is 12% above last closing price of US$74.69. Stock is up 75% over the past year. The company is forecast to post earnings per share of US$3.32 for next year compared to US$3.36 last year.
Price Target Changed • Dec 04Price target increased by 8.4% to US$80.50Up from US$74.25, the current price target is an average from 4 analysts. New target price is 5.0% above last closing price of US$76.64. Stock is up 88% over the past year. The company is forecast to post earnings per share of US$3.28 for next year compared to US$3.36 last year.
Seeking Alpha • Nov 20Coastal Financial: Outlook Of Earnings Surge Appears Priced InSummary Based on Washington’s economy, I’m expecting Coastal Financial's provision expense for loan losses to remain elevated. Credit demand will most probably remain stable, which will drive both non-interest income and net interest income. The net interest income will also receive support from rate cuts because CCB’s books are liability-sensitive, meaning funding costs will fall more than asset yields. The December 2025 target price suggests a low-to-mid single-digit price upside. CCB does not pay dividends currently. Read the full article on Seeking Alpha
Board Change • Nov 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 5 highly experienced directors. President of CCBX Division & Director Brian Hamilton was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Price Target Changed • Oct 29Price target increased by 11% to US$71.75Up from US$64.50, the current price target is an average from 4 analysts. New target price is 11% above last closing price of US$64.51. Stock is up 74% over the past year. The company is forecast to post earnings per share of US$3.30 for next year compared to US$3.36 last year.
Reported Earnings • Oct 28Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: US$1.00 (up from US$0.77 in 3Q 2023). Revenue: US$82.0m (up 18% from 3Q 2023). Net income: US$13.5m (up 31% from 3Q 2023). Profit margin: 16% (up from 15% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 2.1%. Revenue is forecast to grow 44% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 18% per year.
お知らせ • Oct 08Coastal Financial Corporation Appoints Brian Hamilton as President of CCBX DivisionCoastal Financial Corporation has announced that Brian Hamilton has been appointed as president of CCBX division, the bank's FinTech and banking-as-a-service (BaaS) arm. As part of a reorganisation of the company's leadership structure, the role of president has been bifurcated, with Hamilton leading CCBX, while Curt Queyrouze, president of the company and the bank, will oversee the community bank division and corporate credit. Hamilton, who has over 25 years of experience in financial technology and banking, has held senior leadership roles at Capital One, Wells Fargo, and Verifone. He also founded and operated multiple fintech companies, including ONE and Azlo, a digital bank for small businesses.
Recent Insider Transactions • Sep 25Independent Director recently sold US$128k worth of stockOn the 20th of September, Steven Hovde sold around 2k shares on-market at roughly US$53.56 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$186k. Insiders have been net sellers, collectively disposing of US$1.0m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Sep 16CEO & Director exercised options to buy US$684k worth of stock.On the 13th of September, Eric Sprink exercised options to buy 14k shares at a strike price of around US$7.20, costing a total of US$98k. This transaction amounted to 9.0% of their direct individual holding at the time of the trade. Since March 2024, Eric has owned 164.64k shares directly. Company insiders have collectively sold US$777k more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Aug 29Independent Director recently sold US$186k worth of stockOn the 28th of August, Steven Hovde sold around 4k shares on-market at roughly US$53.15 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$773k more than they bought in the last 12 months.
Major Estimate Revision • Aug 05Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$687.6m to US$606.3m. EPS estimate fell from US$3.46 to US$3.42 per share. Net income forecast to grow 68% next year vs 9.4% growth forecast for Banks industry in the US. Consensus price target up from US$54.50 to US$62.00. Share price fell 6.6% to US$49.22 over the past week.
Price Target Changed • Aug 01Price target increased by 14% to US$62.00Up from US$54.50, the current price target is an average from 4 analysts. New target price is 18% above last closing price of US$52.70. Stock is up 18% over the past year. The company is forecast to post earnings per share of US$3.42 for next year compared to US$3.36 last year.
Reported Earnings • Jul 30Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: US$0.86 (down from US$0.97 in 2Q 2023). Revenue: US$73.8m (up 7.5% from 2Q 2023). Net income: US$11.6m (down 10% from 2Q 2023). Profit margin: 16% (down from 19% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 18%. Earnings per share (EPS) exceeded analyst estimates by 4.7%. Revenue is forecast to grow 59% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 22% per year.
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$50.36, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Banks industry in the US. Total returns to shareholders of 83% over the past three years.
Recent Insider Transactions • May 27Executive VP recently sold US$540k worth of stockOn the 24th of May, Joel Edwards sold around 12k shares on-market at roughly US$43.50 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Joel's only on-market trade for the last 12 months.
Recent Insider Transactions Derivative • May 26Executive VP notifies of intention to sell stockJoel Edwards intends to sell 12k shares in the next 90 days after lodging an Intent To Sell Form on the 23rd of May. If the sale is conducted around the recent share price of US$44.45, it would amount to US$552k. Since March 2024, Joel has owned 43.29k shares directly. Company insiders have collectively sold US$919k more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Apr 30First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: US$0.51 (down from US$0.94 in 1Q 2023). Revenue: US$64.7m (up 7.7% from 1Q 2023). Net income: US$6.80m (down 45% from 1Q 2023). Profit margin: 11% (down from 21% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 22%. Earnings per share (EPS) missed analyst estimates by 34%. Revenue is forecast to grow 50% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 06Coastal Financial Corporation, Annual General Meeting, May 22, 2024Coastal Financial Corporation, Annual General Meeting, May 22, 2024, at 18:00 Pacific Standard Time. Agenda: To elect Sadhana Akella-Mishra, Brian T. Hamilton, Eric M. Sprink and Pamela R. Unger as directors to serve for a term of three years until the 2027 annual meeting of shareholders; to consider an advisory (non-binding) vote to approve the compensation paid to our named executive officers; to consider an advisory (non-binding) vote on the frequency of future advisory votes on compensation paid to our named executive officers; and to consider other matters.
Reported Earnings • Mar 17Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: US$3.36 (up from US$3.14 in FY 2022). Revenue: US$261.9m (up 21% from FY 2022). Net income: US$44.6m (up 9.7% from FY 2022). Profit margin: 17% (down from 19% in FY 2022). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 7.10% (up from 5.97% in FY 2022). Cost-to-income ratio: 45.9% (down from 56.3% in FY 2022). Non-performing loans: 1.77% (up from 1.26% in FY 2022). Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is forecast to grow 45% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Feb 06Consensus revenue estimates increase by 35%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from US$414.5m to US$557.5m. EPS estimate fell from US$4.14 to US$3.80. Net income forecast to grow 17% next year vs 3.7% decline forecast for Banks industry in the US. Consensus price target down from US$55.50 to US$54.38. Share price fell 9.7% to US$38.04 over the past week.
お知らせ • Jan 31Coastal Financial Corporation Announces Net Charge Offs for the Quarter Ended December 31, 2023Coastal Financial Corporation announced net charge offs for the quarter ended December 31, 2023. Net charge-offs in loans were $1.5 million for the three months ended December 31, 2023, compared to $579,000 for the three months ended September 30, 2023 and $216,000 for the three months ended December 31, 2022.
Reported Earnings • Jan 30Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: US$3.36 (up from US$3.14 in FY 2022). Revenue: US$261.9m (up 21% from FY 2022). Net income: US$44.6m (up 9.7% from FY 2022). Profit margin: 17% (down from 19% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 05Coastal Financial Corporation Appoints Brian Hamilton to its Board of DirectorsCoastal Financial Corporation announced that Brian Hamilton has joined its Board of Directors. Mr. Hamilton is a seasoned financial technology executive and business leader, with more than 25 years of experience in the banking, lending, payments, and digital product development industries. A serial entrepreneur, with deep expertise in domestic and international settlement systems and digital platforms, Mr. Hamilton has held senior leadership roles at Capital One, serving as President of their Merchant Services division, Wells Fargo, and Verifone, in addition to founding and operating multiple companies in the fintech space. Most recently Mr. Hamilton was co-founder and CEO of ONE (One Finance Inc.), which was acquired by a Walmart-led joint venture in 2022. Prior to co-founding ONE, he was the founder of Azlo, a digital bank for small businesses, and helped to build out the BBVA Open Platform for sponsor banking services. An honors graduate of Oregon State University, with technical certifications from Wells Fargo’s commercial banking school and various industry groups, Mr. Hamilton has extensive experience across multiple aspects of the finance and technology industries, thought leadership, public speaking, and mergers and acquisitions.
Major Estimate Revision • Nov 03Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$475.5m to US$416.1m. EPS estimate fell from US$3.79 to US$3.35 per share. Net income forecast to grow 11% next year vs 10% decline forecast for Banks industry in the US. Consensus price target of US$54.00 unchanged from last update. Share price fell 4.8% to US$38.81 over the past week.
Price Target Changed • Nov 01Price target decreased by 7.1% to US$54.00Down from US$58.13, the current price target is an average from 3 analysts. New target price is 47% above last closing price of US$36.80. Stock is down 22% over the past year. The company is forecast to post earnings per share of US$3.35 for next year compared to US$3.14 last year.
分析記事 • Nov 01Analysts Just Shaved Their Coastal Financial Corporation (NASDAQ:CCB) Forecasts DramaticallyMarket forces rained on the parade of Coastal Financial Corporation ( NASDAQ:CCB ) shareholders today, when the...
Reported Earnings • Oct 29Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: US$0.77 (down from US$0.86 in 3Q 2022). Revenue: US$69.6m (up 6.8% from 3Q 2022). Net income: US$10.3m (down 7.5% from 3Q 2022). Profit margin: 15% (down from 17% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 19%. Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 38% per year.
お知らせ • Oct 28Coastal Financial Corporation Reports Unaudited Net Charge-Offs for the Quarter Ended September 30, 2023Coastal Financial Corporation reported unaudited net charge-offs for the quarter ended September 30, 2023. For the quarter, the company reported Net charge-offs totaled $36.8 million as compared to $8.5 million for the quarter ended September 30, 2022.
お知らせ • Aug 02Coastal Financial Corporation Announces Management AppointmentsCoastal Financial Corporation announced that Brian Ferrell has joined the Bank as Executive Vice President, Head of Financial Crimes Compliance, and Bill Rhodes has joined as Executive Vice President, Chief Audit Executive. Brian is a seasoned corporate regulatory and federal government leader with more than 30 years of expertise in the financial services sector. He has deep expertise in the Anti-Money Laundering (AML) rules and regulations relating to the Bank Secrecy Act/USA PATRIOT managing the complex regulatory and compliance demands faced by diversified financial services institutions. A graduate of Creighton University with a B.A., Creighton University School of Law with a Juris Doctorate, and Vermont Law and Graduate School with a master's in environmental law and policy, he held leadership roles at the U.S. Department of the Treasury, The Hartford Financial Services Group, and most recently EY, as Principal, Senior Financial Crimes Compliance Practice Leader. Bill is an executive internal audit leader with more than 20 years of experience spanning both internal and external audit across the Financial Services sector, most recently in scaling the internal audit function of Silicon Valley Bank. Prior to his time at Silicon Valley Bank, Bill worked for PricewaterhouseCoopers, TD Bank Financial Group, and Arthur Andersen. As a graduate of York University with a B.A. in Psychology, University of Windsor with a Bachelor of Commerce with honors, and a Canadian Chartered Accountant, Bill has a track record of leading and transforming the Internal Audit function of rapidly growing financial services institutions. His work includes leading independent assessments on a wide range of topics affecting the financial services industry.
Reported Earnings • Jul 28Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: US$0.97 (up from US$0.79 in 2Q 2022). Revenue: US$68.3m (up 33% from 2Q 2022). Net income: US$12.9m (up 27% from 2Q 2022). Profit margin: 19% (in line with 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.3%. Revenue is forecast to grow 57% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 28Coastal Financial Corporation Reports Unaudited Net Charge-Offs Results for the Second Quarter Ended June 30, 2023Coastal Financial Corporation reported unaudited net charge-offs results for the second quarter ended June 30, 2023. For the quarter, the group reported total net charge-offs of $30,959,000 against $3,506,000 a year ago.
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to US$40.40, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Banks industry in the US. Total returns to shareholders of 175% over the past three years.
Recent Insider Transactions Derivative • Mar 19CEO & Director exercised options to buy US$1.5m worth of stock.On the 14th of March, Eric Sprink exercised options to buy 40k shares at a strike price of around US$6.25, costing a total of US$249k. This transaction amounted to 30% of their direct individual holding at the time of the trade. Since March 2022, Eric's direct individual holding has increased from 28.05k shares to 137.22k. Company insiders have collectively bought US$1.2m more than they sold, via options and on-market transactions, in the last 12 months.
Reported Earnings • Mar 18Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: US$3.14 (up from US$2.25 in FY 2021). Revenue: US$217.4m (up 123% from FY 2021). Net income: US$40.6m (up 50% from FY 2021). Profit margin: 19% (down from 28% in FY 2021). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 5.97% (up from 3.73% in FY 2021). Cost-to-income ratio: 56.3% (down from 58.8% in FY 2021). Non-performing loans: 1.26% (up from 0.10% in FY 2021). Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 4.1%. Revenue is forecast to grow 42% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Mar 15Independent Director recently bought US$1.1m worth of stockOn the 14th of March, Steven Hovde bought around 30k shares on-market at roughly US$37.71 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$896k more in shares than they have sold in the last 12 months.
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$38.84, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Banks industry in the US. Total returns to shareholders of 179% over the past three years.
Recent Insider Transactions Derivative • Mar 05Executive VP & COO exercised options and sold US$53k worth of stockOn the 2nd of March, John Dickson exercised 2.25k options at around US$6.25, then sold 2k of the shares acquired at an average of US$41.25 per share and kept the remainder. Since March 2022, John's direct individual holding has decreased from 26.00k shares to 22.50k. Company insiders have collectively sold US$301k more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Jan 28Coastal Financial Corporation Reports Net Charge Off for the Fourth Quarter Ended December 31, 2022Coastal Financial Corporation reported net charge off for the fourth quarter ended December 31, 2022. Net charge-offs totaled $18.9 million for the quarter ended December 31, 2022, compared to $532,000 for the quarter ended December 31, 2021.
