Coastal Financial
About: Coastal Financial Corp is a bank holding company. Through its subsidiaries, the company conducts its business in three reportable segments which include, Community Bank, CCBX, and Treasury and Administration. The Community Bank segment includes all community banking activities, with a primary focus on providing various banking products and services to consumers and small to medium-sized businesses. The CCBX segment provides Banking as a Service (BaaS) that allows its broker dealers and digital financial service partners to offer their customers banking services, and the Treasury and administration segment includes treasury management, overall administration, and all other aspects of the company. The maximum revenue of the company is generated from the CCBX segment.
Employees: 488
0
Funds holding %
of 7,398 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
669% more call options, than puts
Call options by funds: $323K | Put options by funds: $42K
150% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 5 (+3) [Q4]
135% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 17
88% more capital invested
Capital invested by funds: $454M [Q3] → $853M (+$399M) [Q4]
19% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 48
15% more funds holding
Funds holding: 143 [Q3] → 165 (+22) [Q4]
4.8% more ownership
Funds ownership: 62.48% [Q3] → 67.28% (+4.8%) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$100
11%
upside
Avg. target
$105
16%
upside
High target
$114
26%
upside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
Stephens & Co. Andrew Terrell 41% 1-year accuracy 13 / 32 met price target | 11%upside $100 | Overweight Reiterated | 18 Mar 2025 |
Keefe, Bruyette & Woods Timothy Switzer 56% 1-year accuracy 14 / 25 met price target | 26%upside $114 | Outperform Maintained | 4 Mar 2025 |
Raymond James David Feaster 29% 1-year accuracy 6 / 21 met price target | 11%upside $100 | Strong Buy Reiterated | 29 Jan 2025 |
Financial journalist opinion
Neutral
GlobeNewsWire
4 weeks ago
Dave and Coastal Community Bank Announce Strategic Partnership
Los Angeles, CA, March 03, 2025 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation's leading neobanks and Coastal Financial Corporation (Nasdaq: CCB), the holding company for Coastal Community Bank, today announced a definitive strategic partnership. Coastal Community Bank will become a sponsor bank of Dave, including for Dave's banking products and Dave's new, simplified ExtraCash product.
Neutral
Zacks Investment Research
1 month ago
Is the Options Market Predicting a Spike in Coastal Financial (CCB) Stock?
Investors need to pay close attention to Coastal Financial (CCB) stock based on the movements in the options market lately.
Negative
Zacks Investment Research
1 month ago
New Strong Sell Stocks for February 4th
CCB, CCOZY and CNI have been added to the Zacks Rank #5 (Strong Sell) List on February 4, 2025.
Negative
Zacks Investment Research
2 months ago
Coastal Financial Corporation (CCB) Q4 Earnings and Revenues Miss Estimates
Coastal Financial Corporation (CCB) came out with quarterly earnings of $0.94 per share, missing the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.66 per share a year ago.
Neutral
GlobeNewsWire
2 months ago
Coastal Financial Corporation Announces Fourth Quarter 2024 Results
EVERETT, Wash., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB) (the “Company”, "Coastal", "we", "our", or "us"), the holding company for Coastal Community Bank (the “Bank”), through which it operates a community-focused bank with an industry leading banking as a service ("BaaS") segment, today reported unaudited financial results for the quarter ended December 31, 2024, including net income of $13.4 million, or $0.94 per diluted common share, compared to $13.5 million, or $0.97 per diluted common share, for the three months ended September 30, 2024 and $45.2 million, or $3.26 per diluted common share, for the year ended December 31, 2024, compared to $44.6 million, or $3.27 per diluted common share for the year ended December 31, 2023.
Neutral
GlobeNewsWire
3 months ago
Coastal Financial Corporation Prices Public Offering of Common Stock
EVERETT, Wash., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (NASDAQ: CCB) (“Coastal” or the “Company”), the holding company for Coastal Community Bank (the “Bank”), today announced the pricing of an underwritten public offering of 1,200,000 shares of its common stock, no par value per share (the "Common Stock"), at a price to the public of $71.00 per share. Coastal also granted the underwriters a 30-day option to purchase up to an additional 180,000 shares of its Common Stock sold in this offering at the public offering price, less underwriting discounts and commissions.
Neutral
GlobeNewsWire
3 months ago
Coastal Financial Corporation Announces Proposed Public Offering of Common Stock
EVERETT, Wash., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (NASDAQ: CCB) (“Coastal” or the “Company”), the holding company for Coastal Community Bank (the “Bank”), today announced the launch of a proposed underwritten public offering of shares of its common stock, no par value. Coastal expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the number of shares of its Common Stock sold in this offering at the public offering price, less underwriting discounts and commissions.
Neutral
Zacks Investment Research
4 months ago
5 Low-Leverage Stocks to Buy After Unfavorable Consumer Price Data
The majority of U.S. stock indices ended in the red on Nov. 28, following an unfavorable inflation data release, reflecting an uptick in the nation's monthly consumer price.
Positive
Seeking Alpha
4 months ago
Coastal Financial: Outlook Of Earnings Surge Appears Priced In
Based on Washington's economy, I'm expecting Coastal Financial's provision expense for loan losses to remain elevated. Credit demand will most probably remain stable, which will drive both non-interest income and net interest income. The net interest income will also receive support from rate cuts because CCB's books are liability-sensitive, meaning funding costs will fall more than asset yields.
Positive
Zacks Investment Research
4 months ago
5 Low-Leverage Stocks to Buy Amid the Focus on Inflation Data
The crux of safe investment lies in choosing a company that is not burdened with debt, as a debt-free stock is almost impossible to find. You can buy JHG, CCB, NVS, APOG and IDCC.
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