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Coastal Financial Corporation  (NASDAQ: CCB)
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $47.1100 $-1.37 -2.826%
Day's High: $48.970001220703125 Week Perf: -0.13 %
Day's Low: $ 46.86 30 Day Perf: 14.93 %
Volume (M): 160,030 52 Wk High: $ 120.05
Volume (M$): $ 0 52 Wk Avg: $88.18
Open: $48.47 52 Wk Low: $36.61



 Market Capitalization (Millions $) 718
 Shares Outstanding (Millions) 15
 Employees 483
 Revenues (TTM) (Millions $) 362
 Net Income (TTM) (Millions $) -4
 Cash Flow (TTM) (Millions $) 776
 Capital Exp. (TTM) (Millions $) 6

Business Description


Coastal Financial Corporation is a banking and financial services company headquartered in Everett, Washington, USA. It was founded in 2017 by a group of experienced bankers with a vision to create a community-focused financial institution. The company offers a wide range of financial products and services to individuals, small businesses, and commercial clients across the Pacific Northwest region.

Coastal Financial Corporation is a publicly traded company and is listed on the NASDAQ stock exchange under the ticker symbol "CCB". As of 2021, the company has a market capitalization of around $1.15 billion and operates through its subsidiary, Coastal Community Bank.

The bank offers a variety of personal banking services, including checking and savings accounts, loans, credit cards, and online banking. Coastal Community Bank also offers business banking and lending services, including commercial real estate loans, SBA loans, and lines of credit. In addition, the bank provides treasury management services, merchant services, and cash management solutions to businesses.

The company has a strong focus on community engagement and supports local organizations and initiatives through its Coastal Community Fund. The fund provides grants to non-profit organizations that support affordable housing, economic development, and job creation in the communities where the bank operates.

Coastal Financial Corporation has a network of 14 branches across Washington state, and its customer base ranges from individuals and families to small and mid-sized businesses. The company has a reputation for providing exceptional customer service and has received several awards and recognition for its performance and growth.

In summary, Coastal Financial Corporation is a community-focused financial institution that offers a range of personal and business banking services, with a specific focus on the Pacific Northwest region. The company is committed to engaging with its local community and supporting local initiatives through its Coastal Community Fund.


   Company Address: 5415 Evergreen Way Everett 98203 WA
   Company Phone Number: 257-9000   Stock Exchange / Ticker: NASDAQ CCB


   

Stock Performances by Major Competitors

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Management Changes

Coastal Community Bank Restructures Leadership to Fuel Growth in FinTech and Community Banking

Published Thu, Oct 3 2024 3:05 PM UTC

In a significant strategic move reflecting the evolving landscape of financial services, Coastal Financial Corporation, the parent company of Coastal Community Bank, has announced a key leadership transition. This restructuring seeks to align the bank s operational focus with its ambitious growth objectives. Starting October 3, 2024, the role of President of the Bank will be...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) -
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 1.98
Price to Sales (Expected) -
Price to Book 1.55
PEG (TTM) -

Financial Strength Current
Quick Ratio 29.97
Working Capital Ratio 31.37
Leverage Ratio (MRQ) 10.85
Total Debt to Equity 0.2
Interest Coverage (TTM) 1.07
Debt Coverage (TTM) 1.66

Per Share Current
Earnings (TTM) -0.28 $
Revenues (TTM) 23.75 $
Cash Flow (TTM) 50.89 $
Cash 69.13 $
Book Value 30.4 $
Dividend (TTM) 0 $

Efficiency Current
Revenue per Employee (TTM) 749,520
Net Income per Employee (TTM) -7,973
Receivable Turnover Ratio (TTM) -
Inventory Turnover Ratio (TTM) -
Asset Turnover Ratio (TTM) 0.07

Profitability Ratios Current
Gross Margin (MRQ) 0 %
Operating Margin (MRQ) 0 %
Net Margin (MRQ) -49.01 %
Net Cash Flow Margin (MRQ) 0 %
Effective Tax Rate (TTM) -

Management Effectiveness Current
Return On Assets (TTM) -
Return On Investment (TTM) -
Return On Equity (TTM) -
Dividend Yield -
Pay out Ratio (TTM) -



Coastal Financial's Segments
Baa S Program Fees    26.65 % of total Revenue
Indemnifications    149.96 % of total Revenue
Baa S Program Income    26.65 % of total Revenue
BaaS indemnification income    149.96 % of total Revenue





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