OTCPK:CCNB

Stock Analysis Report

Coastal Carolina Bancshares

Executive Summary

Coastal Carolina Bancshares, Inc. operates as a holding company for Coastal Carolina National Bank that provides various banking products and services in Myrtle Beach, South Carolina.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Risks

  • Coastal Carolina Bancshares's last earnings update was 2301 days ago.
  • Coastal Carolina Bancshares is not covered by any analysts.

Share Price & News

How has Coastal Carolina Bancshares's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.4%

OTCPK:CCNB

-1.9%

US Banks

-1.9%

US Market


1 Year Return

-3.8%

OTCPK:CCNB

-16.1%

US Banks

-3.3%

US Market

CCNB outperformed the Banks industry which returned -16.1% over the past year.

CCNB matched the United States of America Market (-3%) over the past year.


Share holder returns

CCNBIndustryMarket
7 Day-2.4%-1.9%-1.9%
30 Day-1.9%-11.1%-6.2%
90 Day-1.9%-4.9%0.3%
1 Year-3.8%-3.8%-13.7%-16.1%-1.1%-3.3%
3 Yearn/a37.8%28.4%37.9%28.9%
5 Yearn/a49.3%33.2%50.8%34.1%

Price Volatility Vs. Market

How volatile is Coastal Carolina Bancshares's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Coastal Carolina Bancshares undervalued based on future cash flows and its price relative to the stock market?


In this section, we usually try to help investors determine whether Coastal Carolina Bancshares is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Coastal Carolina Bancshares has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of CCNB’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Coastal Carolina Bancshares regulatory filings here.
  • Explore potentially undervalued companies in the Banks industry.

Future Growth

How is Coastal Carolina Bancshares expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

1.8%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Coastal Carolina Bancshares has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

  • Take a look at our analysis of CCNB’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Coastal Carolina Bancshares's filings and announcements here.
  • Explore growth companies in the Banks industry.

Past Performance

How has Coastal Carolina Bancshares performed over the past 5 years?

0.2%

Historical Banks annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Coastal Carolina Bancshares has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

Financial Health

How is Coastal Carolina Bancshares's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse Coastal Carolina Bancshares's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Coastal Carolina Bancshares has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of CCNB’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Coastal Carolina Bancshares's financial data was last updated here.
  • Explore more healthy companies in the Banks industry.

Dividend

What is Coastal Carolina Bancshares's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Coastal Carolina Bancshares's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Coastal Carolina Bancshares's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Coastal Carolina Bancshares has not reported any payouts.

Unable to verify if Coastal Carolina Bancshares's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Coastal Carolina Bancshares has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Coastal Carolina Bancshares's salary, the management and board of directors tenure and is there insider trading?

0.6yrs

Average management tenure


CEO

Laurence Bolchoz (54yo)

7.4yrs

Tenure

US$201,934

Compensation

Mr. Laurence S. Bolchoz, Jr., has been the Chief Executive Officer and President of Coastal Carolina Bancshares, Inc., and Coastal Carolina National Bank since March 20, 2012. Mr. Bolchoz served as Vice Pr ...


CEO Compensation Analysis

Insufficient data for Laurence to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.

Insufficient data for Laurence to compare compensation growth.


Management Age and Tenure

0.6yrs

Average Tenure

43yo

Average Age

The average tenure for the Coastal Carolina Bancshares management team is less than 2 years, this suggests a new team.


Board Age and Tenure

10.6yrs

Average Tenure

64yo

Average Age

The average tenure for the Coastal Carolina Bancshares board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Robert Hucks (38yo)

    Executive VP & North Strand Market Executive

    • Tenure: 0.0yrs
  • Dawn Kinard (43yo)

    Executive VP & COO

    • Tenure: 0.6yrs
    • Compensation: US$86.72k
  • Marsha Griffin (70yo)

    Secretary & Director

    • Tenure: 10.6yrs
    • Compensation: US$16.67k
  • Laurence Bolchoz (54yo)

    President

    • Tenure: 7.4yrs
    • Compensation: US$201.93k
  • Justin Lee (41yo)

    Executive VP & Chief Lending Officer

    • Tenure: 0.0yrs
  • Chris McElhinny Houston (48yo)

    Executive VP & Chief Credit Officer

    • Tenure: 0.0yrs
  • Jeremy Baird (42yo)

    Executive VP and Strategy & Services Director

    • Tenure: 0.0yrs
  • Jimmy Kimbell (53yo)

    Executive VP & Upstate Market Executive

    • Tenure: 0.0yrs
  • Russell Vedder (35yo)

    Executive VP & CFO

    • Tenure: 0.6yrs

Board Members

  • Carl Falk (67yo)

    Director

    • Tenure: 9.6yrs
  • Doug Wendel (76yo)

    Director

    • Tenure: 11.6yrs
    • Compensation: US$38.42k
  • Dennis Worley (63yo)

    Director

    • Tenure: 11.6yrs
    • Compensation: US$30.80k
  • Gary Hadwin (60yo)

    Director

    • Tenure: 11.6yrs
    • Compensation: US$14.72k
  • W. Laymon (63yo)

    Director

    • Tenure: 11.6yrs
    • Compensation: US$15.97k
  • Benjy Hardee (65yo)

    Director

    • Tenure: 10.6yrs
    • Compensation: US$142.32k
  • Marsha Griffin (70yo)

    Secretary & Director

    • Tenure: 10.6yrs
    • Compensation: US$16.67k
  • Marilyn Hatley (68yo)

    Director

    • Tenure: 10.6yrs
    • Compensation: US$14.73k
  • Dennis Wade (58yo)

    Chairman of the Board

    • Tenure: 6.6yrs
    • Compensation: US$18.48k
  • Laurence Bolchoz (54yo)

    President

    • Tenure: 7.4yrs
    • Compensation: US$201.93k

Company Information

Coastal Carolina Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Coastal Carolina Bancshares, Inc.
  • Ticker: CCNB
  • Exchange: OTCPK
  • Founded: 2008
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$49.769m
  • Shares outstanding: 6.15m
  • Website: https://www.myccnb.com

Number of Employees


Location

  • Coastal Carolina Bancshares, Inc.
  • 1012 38th Avenue North
  • Myrtle Beach
  • South Carolina
  • 29577
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CCNBOTCPK (Pink Sheets LLC)YesVoting Common StockUSUSDJun 2017

Biography

Coastal Carolina Bancshares, Inc. operates as a holding company for Coastal Carolina National Bank that provides various banking products and services in Myrtle Beach, South Carolina. Its deposit products  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/26 00:36
End of Day Share Price2019/08/20 00:00
Earnings2013/03/31
Annual Earnings2012/12/31


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.