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 7,296 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
497% more call options, than puts
Call options by funds: $1.51M | Put options by funds: $253K
56% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 16
33% more funds holding in top 10
Funds holding in top 10: 6 [Q4 2024] → 8 (+2) [Q1 2025]
15% more capital invested
Capital invested by funds: $857M [Q4 2024] → $981M (+$124M) [Q1 2025]
5% more funds holding
Funds holding: 167 [Q4 2024] → 175 (+8) [Q1 2025]
4.63% more ownership
Funds ownership: 67.58% [Q4 2024] → 72.2% (+4.63%) [Q1 2025]
8% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 63
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$100
20%
upside
Avg. target
$103
24%
upside
High target
$110
32%
upside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
Keefe, Bruyette & Woods Timothy Switzer | 32%upside $110 | Outperform Maintained | 30 Apr 2025 |
Raymond James David Feaster | 20%upside $100 | Strong Buy Maintained | 30 Apr 2025 |
Stephens & Co. Andrew Terrell | 20%upside $100 | Overweight Reiterated | 18 Mar 2025 |
Financial journalist opinion
Negative
Zacks Investment Research
1 month ago
Coastal Financial Corporation (CCB) Q1 Earnings and Revenues Lag Estimates
Coastal Financial Corporation (CCB) came out with quarterly earnings of $0.63 per share, missing the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.67 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Coastal Financial Corporation Announces First Quarter 2025 Results
EVERETT, Wash., April 29, 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 segment ("community bank") with an industry leading banking as a service ("BaaS") segment ("CCBX"), today reported unaudited financial results for the quarter ended March 31, 2025, including net income of $9.7 million, or $0.63 per diluted common share, compared to $13.4 million, or $0.94 per diluted common share, for the three months ended December 31, 2024 and $6.8 million, or $0.50 per diluted common share, for the three months ended March 31, 2024.
Negative
Zacks Investment Research
2 months ago
New Strong Sell Stocks for April 2nd
AIRS, CCB and CARS have been added to the Zacks Rank #5 (Strong Sell) List on April 2, 2025.
Neutral
GlobeNewsWire
3 months 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
4 months 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
4 months 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
4 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
4 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
6 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
6 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.
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