Coastal Financial Management
Management criteria checks 4/4
Coastal Financial's CEO is Eric Sprink, appointed in Jan 2010, has a tenure of 14.83 years. total yearly compensation is $1.79M, comprised of 45.3% salary and 54.7% bonuses, including company stock and options. directly owns 0.64% of the company’s shares, worth $6.69M. The average tenure of the management team and the board of directors is 3.8 years and 6.3 years respectively.
Key information
Eric Sprink
Chief executive officer
US$1.8m
Total compensation
| CEO salary percentage | 45.3% |
| CEO tenure | 14.8yrs |
| CEO ownership | 0.6% |
| Management average tenure | 3.8yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
Coastal Financial: Outlook Of Earnings Surge Appears Priced In
Nov 20Analysts Just Shaved Their Coastal Financial Corporation (NASDAQ:CCB) Forecasts Dramatically
Nov 01
Analysts Just Made A Neat Upgrade To Their Coastal Financial Corporation (NASDAQ:CCB) Forecasts
Nov 01Do Coastal Financial's (NASDAQ:CCB) Earnings Warrant Your Attention?
Oct 29Coastal Financial GAAP EPS, revenue up Y/Y, beats consensus
Jul 27Here's Why I Think Coastal Financial (NASDAQ:CCB) Is An Interesting Stock
May 29Coastal: Commercial Bank With BaaS Upside
Feb 10Brokers Are Upgrading Their Views On Coastal Financial Corporation (NASDAQ:CCB) With These New Forecasts
Feb 03Should You Be Adding Coastal Financial (NASDAQ:CCB) To Your Watchlist Today?
May 25Coastal Financial EPS beats by $0.11, beats on revenue
Apr 27If You Had Bought Coastal Financial (NASDAQ:CCB) Stock A Year Ago, You Could Pocket A 71% Gain Today
Feb 28If You Like EPS Growth Then Check Out Coastal Financial (NASDAQ:CCB) Before It's Too Late
Feb 01This Insider Has Just Sold Shares In Coastal Financial Corporation (NASDAQ:CCB)
Dec 07
Coastal Financial (NASDAQ:CCB) Shareholders Have Enjoyed A 16% Share Price Gain
Nov 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$41m |
| Jun 30 2024 | n/a | n/a | US$38m |
| Mar 31 2024 | n/a | n/a | US$39m |
| Dec 31 2023 | US$2m | US$810k | US$45m |
| Sep 30 2023 | n/a | n/a | US$49m |
| Jun 30 2023 | n/a | n/a | US$50m |
| Mar 31 2023 | n/a | n/a | US$47m |
| Dec 31 2022 | US$2m | US$700k | US$41m |
| Sep 30 2022 | n/a | n/a | US$35m |
| Jun 30 2022 | n/a | n/a | US$30m |
| Mar 31 2022 | n/a | n/a | US$27m |
| Dec 31 2021 | US$5m | US$700k | US$27m |
| Sep 30 2021 | n/a | n/a | US$24m |
| Jun 30 2021 | n/a | n/a | US$22m |
| Mar 31 2021 | n/a | n/a | US$18m |
| Dec 31 2020 | US$1m | US$435k | US$15m |
| Sep 30 2020 | n/a | n/a | US$14m |
| Jun 30 2020 | n/a | n/a | US$14m |
| Mar 31 2020 | n/a | n/a | US$13m |
| Dec 31 2019 | US$1m | US$380k | US$13m |
| Sep 30 2019 | n/a | n/a | US$13m |
| Jun 30 2019 | n/a | n/a | US$12m |
| Mar 31 2019 | n/a | n/a | US$11m |
| Dec 31 2018 | US$866k | US$360k | US$10m |
| Sep 30 2018 | n/a | n/a | US$7m |
| Jun 30 2018 | n/a | n/a | US$6m |
| Mar 31 2018 | n/a | n/a | US$6m |
| Dec 31 2017 | US$637k | US$330k | US$5m |
Compensation vs Market: Eric's total compensation ($USD1.79M) is below average for companies of similar size in the US market ($USD3.16M).
Compensation vs Earnings: Eric's compensation has been consistent with company performance over the past year.
CEO
Eric Sprink (51 yo)
14.8yrs
Tenure
US$1,787,991
Compensation
Mr. Eric M. Sprink serves as General Partner, Banktech Ventures, LP at BankTech Ventures, LP. He has been Chief Executive Officer of Coastal Financial Corporation since 2010 and served as its President unt...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 14.8yrs | US$1.79m | 0.64% $ 6.7m | |
| President | 2.5yrs | US$1.00m | 0.027% $ 285.1k | |
| Executive VP | 12yrs | US$726.52k | 0.23% $ 2.4m | |
| Executive VP & Chief Banking Officer | no data | US$550.85k | 0.060% $ 629.9k | |
| Executive VP & Chief Risk Officer | 4.8yrs | US$540.63k | 0.029% $ 305.3k | |
| Executive VP & Chief Human Resources Officer | 6.1yrs | no data | no data | |
| Executive VP & Chief Credit Officer | 4.6yrs | no data | 0.10% $ 1.1m | |
| Executive VP & Chief Revenue Officer | 3.8yrs | no data | 0.029% $ 298.5k | |
| Executive VP & Head of Financial Crimes Compliance | 1.3yrs | no data | no data | |
| Executive VP & Chief Audit Executive | 1.3yrs | no data | no data | |
| President of CCBX Division & Director | less than a year | no data | 0.015% $ 157.1k | |
| Executive VP & CCBX Division Manager | 2.8yrs | no data | 0.0086% $ 90.4k |
3.8yrs
Average Tenure
53yo
Average Age
Experienced Management: CCB's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 18.2yrs | US$1.79m | 0.64% $ 6.7m | |
| President of CCBX Division & Director | less than a year | no data | 0.015% $ 157.1k | |
| Independent Director | 13.8yrs | US$95.02k | 12.82% $ 134.1m | |
| Independent Director | 4yrs | US$85.03k | 0.033% $ 341.0k | |
| Independent Director | 27.8yrs | US$97.94k | 1.01% $ 10.6m | |
| Independent Director | 22.8yrs | US$85.03k | 0.12% $ 1.2m | |
| Independent Director | 6.3yrs | US$97.51k | 0.044% $ 464.2k | |
| Chairman | 8.8yrs | US$135.01k | 0.20% $ 2.1m | |
| Independent Director | 5.5yrs | US$97.51k | 0.041% $ 433.1k | |
| Independent Director | 3.5yrs | US$85.03k | 0.030% $ 315.6k | |
| Independent Director | 3.1yrs | US$100.00k | 0.042% $ 443.5k |
6.3yrs
Average Tenure
51yo
Average Age
Experienced Board: CCB's board of directors are considered experienced (6.3 years average tenure).