Coastal Financial Corp Stock Today

CCB Stock  USD 75.33  0.54  0.72%   

Performance

18 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 8

 
High
 
Low
Low
Coastal Financial is trading at 75.33 as of the 22nd of November 2024, a 0.72% increase since the beginning of the trading day. The stock's open price was 74.79. Coastal Financial has only a 8 % chance of going through financial distress over the next few years and had a solid performance during the last 90 days. Equity ratings for Coastal Financial Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Banks
IPO Date
18th of July 2018
Category
Financial Services
Classification
Financials
Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small to medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington. The company has 13.54 M outstanding shares of which 342.84 K shares are currently shorted by investors with about 4.86 days to cover. More on Coastal Financial Corp

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Coastal Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEO, DirectorEric Sprink
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NASDAQ Composite, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0070.0119
Way Down
Slightly volatile
Asset Turnover0.03710.0698
Way Down
Slightly volatile
Total Current Liabilities3.5 B3.3 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total3.6 B3.5 B
Sufficiently Up
Slightly volatile
Total Assets3.9 B3.8 B
Sufficiently Up
Slightly volatile
Total Current Assets1.3 B1.2 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities206.3 M196.5 M
Sufficiently Up
Slightly volatile
Debt Levels
Coastal Financial can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Coastal Financial's financial leverage. It provides some insight into what part of Coastal Financial's total assets is financed by creditors.
Liquidity
Coastal Financial Corp has 53.86 M in debt with debt to equity (D/E) ratio of 10.15, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Note however, debt could still be an excellent tool for Coastal to invest in growth at high rates of return.

Investments

(552.05 Million)
Coastal Financial Corp (CCB) is traded on NASDAQ Exchange in USA. It is located in 5415 Evergreen Way, Everett, WA, United States, 98203-3646 and employs 507 people. Coastal Financial is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.02 B. Coastal Financial Corp runs under Banks sector within Financials industry. The entity has 13.54 M outstanding shares of which 342.84 K shares are currently shorted by investors with about 4.86 days to cover. Coastal Financial Corp has about 405.69 M in cash with 196.51 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 31.33.
Check Coastal Financial Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Coastal Financial Corp is $1.02 Billion. Over half of Coastal Financial's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Coastal Ownership Details

Coastal Stock Institutional Holders

InstituionRecorded OnShares
Jacobs Asset Management, Llc2024-09-30
187.5 K
Advisors Capital Management, Llc2024-09-30
160.6 K
Boothbay Fund Management, Llc2024-06-30
158.1 K
American Century Companies Inc2024-09-30
155.7 K
Northern Trust Corp2024-09-30
107.7 K
Charles Schwab Investment Management Inc2024-09-30
92 K
Orion Portfolio Solutions, Llc2024-06-30
90.3 K
Ejf Capital Llc2024-06-30
87.3 K
Jpmorgan Chase & Co2024-06-30
83.1 K
Blackrock Inc2024-06-30
1.1 M
T. Rowe Price Investment Management,inc.2024-09-30
898.5 K
View Coastal Financial Diagnostics

Coastal Financial Historical Income Statement

At present, Coastal Financial's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 96.2 M, whereas Other Operating Expenses is forecasted to decline to about 491.1 K. View More Fundamentals

Coastal Stock Against Markets

Coastal Financial Corporate Management

Jeff CAMSExecutive OfficerProfile
Tarah HergerExecutive ManagerProfile
Bill RhodesExecutive ExecutiveProfile
Tyler FergusonExecutive CCBXProfile
Laura ByersChief VPProfile
Andrew StinesExecutive OfficerProfile
When determining whether Coastal Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coastal Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Coastal Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coastal Financial Corp Stock:
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coastal Financial. If investors know Coastal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coastal Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.293
Earnings Share
2.98
Revenue Per Share
21.247
Quarterly Revenue Growth
0.179
Return On Assets
0.0106
The market value of Coastal Financial Corp is measured differently than its book value, which is the value of Coastal that is recorded on the company's balance sheet. Investors also form their own opinion of Coastal Financial's value that differs from its market value or its book value, called intrinsic value, which is Coastal Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coastal Financial's market value can be influenced by many factors that don't directly affect Coastal Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coastal Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coastal Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coastal Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.