Coastal Financial Past Earnings Performance
Past criteria checks 2/6
Coastal Financial has been growing earnings at an average annual rate of 26.7%, while the Banks industry saw earnings growing at 17.4% annually. Revenues have been growing at an average rate of 39.2% per year. Coastal Financial's return on equity is 12.3%, and it has net margins of 14.4%.
Key information
26.7%
Earnings growth rate
24.2%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 39.2% |
| Return on equity | 12.3% |
| Net Margin | 14.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Coastal Financial makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 284 | 41 | 106 | 0 |
| 30 Jun 24 | 272 | 38 | 106 | 0 |
| 31 Mar 24 | 267 | 39 | 105 | 0 |
| 31 Dec 23 | 262 | 45 | 101 | 0 |
| 30 Sep 23 | 261 | 49 | 98 | 0 |
| 30 Jun 23 | 257 | 50 | 91 | 0 |
| 31 Mar 23 | 239 | 47 | 82 | 0 |
| 31 Dec 22 | 217 | 41 | 74 | 0 |
| 30 Sep 22 | 185 | 35 | 67 | 0 |
| 30 Jun 22 | 144 | 30 | 60 | 0 |
| 31 Mar 22 | 116 | 27 | 56 | 0 |
| 31 Dec 21 | 98 | 27 | 52 | 0 |
| 30 Sep 21 | 84 | 24 | 45 | 0 |
| 30 Jun 21 | 74 | 22 | 40 | 0 |
| 31 Mar 21 | 65 | 18 | 35 | 0 |
| 31 Dec 20 | 57 | 15 | 33 | 0 |
| 30 Sep 20 | 53 | 14 | 32 | 0 |
| 30 Jun 20 | 51 | 14 | 30 | 0 |
| 31 Mar 20 | 49 | 13 | 29 | 0 |
| 31 Dec 19 | 48 | 13 | 28 | 0 |
| 30 Sep 19 | 46 | 13 | 27 | 0 |
| 30 Jun 19 | 44 | 12 | 26 | 0 |
| 31 Mar 19 | 41 | 11 | 25 | 0 |
| 31 Dec 18 | 38 | 10 | 23 | 0 |
| 30 Sep 18 | 36 | 7 | 22 | 0 |
| 30 Jun 18 | 34 | 6 | 21 | 0 |
| 31 Mar 18 | 33 | 6 | 20 | 0 |
| 31 Dec 17 | 32 | 5 | 20 | 0 |
| 31 Dec 16 | 28 | 5 | 18 | 0 |
| 31 Dec 14 | 22 | 2 | 15 | 0 |
| 31 Dec 13 | 18 | 2 | 12 | 0 |
Quality Earnings: 1VD has high quality earnings.
Growing Profit Margin: 1VD's current net profit margins (14.4%) are lower than last year (18.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1VD's earnings have grown significantly by 26.7% per year over the past 5 years.
Accelerating Growth: 1VD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1VD had negative earnings growth (-16.1%) over the past year, making it difficult to compare to the Banks industry average (12.9%).
Return on Equity
High ROE: 1VD's Return on Equity (12.3%) is considered low.