Coastal Financial Corporation

NasdaqGS:CCB Stock Report

Market Cap: US$1.2b

Coastal Financial Management

Management criteria checks 4/4

Coastal Financial's CEO is Eric Sprink, appointed in Jan 2010, has a tenure of 18.33 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 $7.42M. The average tenure of the management team and the board of directors is 4 years and 6.5 years respectively.

Key information

Eric Sprink

Chief executive officer

US$1.8m

Total compensation

CEO salary percentage45.3%
CEO tenure15yrs
CEO ownership0.6%
Management average tenure4yrs
Board average tenure6.5yrs

Recent management updates

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

CEO Compensation Analysis

How has Eric Sprink's remuneration changed compared to Coastal Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$41m

Jun 30 2024n/an/a

US$38m

Mar 31 2024n/an/a

US$39m

Dec 31 2023US$2mUS$810k

US$45m

Sep 30 2023n/an/a

US$49m

Jun 30 2023n/an/a

US$50m

Mar 31 2023n/an/a

US$47m

Dec 31 2022US$2mUS$700k

US$41m

Sep 30 2022n/an/a

US$35m

Jun 30 2022n/an/a

US$30m

Mar 31 2022n/an/a

US$27m

Dec 31 2021US$5mUS$700k

US$27m

Sep 30 2021n/an/a

US$24m

Jun 30 2021n/an/a

US$22m

Mar 31 2021n/an/a

US$18m

Dec 31 2020US$1mUS$435k

US$15m

Sep 30 2020n/an/a

US$14m

Jun 30 2020n/an/a

US$14m

Mar 31 2020n/an/a

US$13m

Dec 31 2019US$1mUS$380k

US$13m

Sep 30 2019n/an/a

US$13m

Jun 30 2019n/an/a

US$12m

Mar 31 2019n/an/a

US$11m

Dec 31 2018US$866kUS$360k

US$10m

Compensation vs Market: Eric's total compensation ($USD1.79M) is below average for companies of similar size in the US market ($USD3.24M).

Compensation vs Earnings: Eric's compensation has been consistent with company performance over the past year.

CEO

Eric Sprink (51 yo)

15yrs

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

NamePositionTenureCompensationOwnership
Eric Sprink
CEO & Director15yrsUS$1.79m0.64%
$ 7.4m
Curt Queyrouze
President2.7yrsUS$1.00m0.027%
$ 313.5k
Joel Edwards
Executive VP12.2yrsUS$726.52k0.23%
$ 2.6m
Russell Keithley
Executive VP & Chief Banking Officerno dataUS$550.85k0.060%
$ 692.6k
Andrew Stines
Executive VP & Chief Risk Officer5yrsUS$540.63k0.029%
$ 335.7k
Erika Heer
Executive VP & Chief Human Resources Officer6.3yrsno datano data
Jonathan Sand
Executive VP & Chief Credit Officer4.8yrsno data0.10%
$ 1.2m
Michael Culp
Executive VP & Chief Revenue Officer4yrsno data0.029%
$ 328.2k
Brian Ferrell
Executive VP & Head of Financial Crimes Compliance1.4yrsno datano data
Bill Rhodes
Executive VP & Chief Audit Executive1.4yrsno datano data
Brian Hamilton
President of CCBX Division & Directorless than a yearno data0.015%
$ 172.7k
Tarah Herger
Executive VP & CCBX Division Manager3yrsno data0.0086%
$ 99.4k

4.0yrs

Average Tenure

53yo

Average Age

Experienced Management: CCB's management team is considered experienced (4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Eric Sprink
CEO & Director18.3yrsUS$1.79m0.64%
$ 7.4m
Brian Hamilton
President of CCBX Division & Directorless than a yearno data0.015%
$ 172.7k
Steven Hovde
Vice Chairman14yrsUS$95.02k12.82%
$ 147.4m
Rilla Delorier
Independent Director4.2yrsUS$85.03k0.033%
$ 374.9k
Thomas Lane
Independent Director28yrsUS$97.94k1.01%
$ 11.7m
Gregory Tisdel
Independent Director23yrsUS$85.03k0.12%
$ 1.3m
Stephan Klee
Independent Director6.5yrsUS$97.51k0.044%
$ 510.4k
Christopher Adams
Chairman9yrsUS$135.01k0.20%
$ 2.3m
Sadhana Akella-Mishra
Independent Director5.7yrsUS$97.51k0.041%
$ 476.1k
Pamela Unger
Independent Director3.7yrsUS$85.03k0.030%
$ 347.0k
Michael Patterson
Independent Director3.3yrsUS$100.00k0.042%
$ 487.6k

6.5yrs

Average Tenure

51yo

Average Age

Experienced Board: CCB's board of directors are considered experienced (6.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 23:04
End of Day Share Price 2025/01/02 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

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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