company background image
CCB logo

Coastal Financial NasdaqGS:CCB Stock Report

Last Price

US$80.72

Market Cap

US$1.1b

7D

-2.8%

1Y

80.6%

Updated

22 Dec, 2024

Data

Company Financials +

Coastal Financial Corporation

NasdaqGS:CCB Stock Report

Market Cap: US$1.1b

CCB Stock Overview

Operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small and medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington. More details

CCB fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance2/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 45.6% below our estimate of its fair value

Earnings are forecast to grow 48.28% per year

Risk Analysis

No risks detected for CCB from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Coastal Financial Corporation Competitors

Peoples Bancorp

NasdaqGS:PEBO

US$1.1b

Bank First

NasdaqCM:BFC

US$1.0b

First Bancshares

NYSE:FBMS

US$1.1b

Stellar Bancorp

NYSE:STEL

US$1.5b

Price History & Performance

Summary of share price highs, lows and changes for Coastal Financial
Historical stock prices
Current Share PriceUS$80.72
52 Week HighUS$86.27
52 Week LowUS$35.67
Beta1.26
1 Month Change5.25%
3 Month Change56.56%
1 Year Change80.62%
3 Year Change55.14%
5 Year Change383.35%
Change since IPO392.20%

Recent News & Updates

Coastal Financial: Outlook Of Earnings Surge Appears Priced In

Nov 20

Recent updates

Coastal Financial: Outlook Of Earnings Surge Appears Priced In

Nov 20

Analysts Just Shaved Their Coastal Financial Corporation (NASDAQ:CCB) Forecasts Dramatically

Nov 01
Analysts Just Shaved Their Coastal Financial Corporation (NASDAQ:CCB) Forecasts Dramatically

Analysts Just Made A Neat Upgrade To Their Coastal Financial Corporation (NASDAQ:CCB) Forecasts

Nov 01
Analysts Just Made A Neat Upgrade To Their Coastal Financial Corporation (NASDAQ:CCB) Forecasts

Do Coastal Financial's (NASDAQ:CCB) Earnings Warrant Your Attention?

Oct 29
Do Coastal Financial's (NASDAQ:CCB) Earnings Warrant Your Attention?

Coastal Financial GAAP EPS, revenue up Y/Y, beats consensus

Jul 27

Here's Why I Think Coastal Financial (NASDAQ:CCB) Is An Interesting Stock

May 29
Here's Why I Think Coastal Financial (NASDAQ:CCB) Is An Interesting Stock

Coastal: Commercial Bank With BaaS Upside

Feb 10

Brokers Are Upgrading Their Views On Coastal Financial Corporation (NASDAQ:CCB) With These New Forecasts

Feb 03
Brokers Are Upgrading Their Views On Coastal Financial Corporation (NASDAQ:CCB) With These New Forecasts

Should You Be Adding Coastal Financial (NASDAQ:CCB) To Your Watchlist Today?

May 25
Should You Be Adding Coastal Financial (NASDAQ:CCB) To Your Watchlist Today?

Coastal Financial EPS beats by $0.11, beats on revenue

Apr 27

If You Had Bought Coastal Financial (NASDAQ:CCB) Stock A Year Ago, You Could Pocket A 71% Gain Today

Feb 28
If You Had Bought Coastal Financial (NASDAQ:CCB) Stock A Year Ago, You Could Pocket A 71% Gain Today

Shareholder Returns

CCBUS BanksUS Market
7D-2.8%-3.4%-2.4%
1Y80.6%29.1%23.4%

Return vs Industry: CCB exceeded the US Banks industry which returned 29.1% over the past year.

Return vs Market: CCB exceeded the US Market which returned 23.4% over the past year.

Price Volatility

Is CCB's price volatile compared to industry and market?
CCB volatility
CCB Average Weekly Movement5.8%
Banks Industry Average Movement5.2%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: CCB has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CCB's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997486Eric Sprinkwww.coastalbank.com

Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small and medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington. It accepts a range of deposit products, including demand and savings accounts, time deposits, and money market accounts. The company also offers commercial and industrial loans, such as term loans, commercial lines of credit, capital call lines working capital loans, equipment financing, borrowing base loans, small business administration loans, and other loan products; owner and non-owner-occupied real estate loans, and multi-family residential loans; construction, land, and land development loans; residential real estate loans; and consumer and other loans, including automobile, boat and recreational vehicle, and secured term loans, as well as personal lines of credit, including overdraft protection.

Coastal Financial Corporation Fundamentals Summary

How do Coastal Financial's earnings and revenue compare to its market cap?
CCB fundamental statistics
Market capUS$1.09b
Earnings (TTM)US$40.86m
Revenue (TTM)US$284.12m

26.8x

P/E Ratio

3.3x

P/B Ratio

Is CCB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CCB income statement (TTM)
RevenueUS$284.12m
Cost of RevenueUS$0
Gross ProfitUS$284.12m
Other ExpensesUS$243.26m
EarningsUS$40.86m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.02
Gross Margin100.00%
Net Profit Margin14.38%
Debt/Equity Ratio14.4%

How did CCB perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:58
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Coastal Financial Corporation is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brett RabatinHovde Group, LLC
Christopher McGrattyKeefe, Bruyette, & Woods
Timothy SwitzerKeefe, Bruyette, & Woods