Coastal Financial Corp

Coastal Financial Corp. operates as a bank holding company. The firm through Coastal Community Bank, provides banking products and services to small and medium-sized businesses, professionals, and individuals. It also offers deposit products. It operates through the following segments: community bank and CCBX. The company was founded by Lee Pintar in 2003 and is headquartered in Everett, WA.

Earnings data Q1 2024

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Coastal Financial Corp. is a bank holding company, which engages in the provision of banking products and services to small and medium-sized businesses, professionals, and individuals. It operates through the Community Bank and CCBX segments. The Community Bank segment is involved in banking products and services to consumers and small to medium sized businesses in the broader Puget Sound region in the state of Washington. The CCBX segment focuses on the BaaS that allows broker-dealer and digital financial service partners to offer their customers banking services. The company was founded by Lee Pintar on July 9, 2003 and is headquartered in Everett, WA.

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BC, CVI and CCB have been added to the Zacks Rank #5 (Strong Sell) List on February 13, 2023.

New Strong Sell Stocks for February 13th

EVERETT, Wash., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB), the bank holding company for Coastal Community Bank, announced that Jason Wingo has joined the Bank as Senior Vice President, Head of Bank Security Act (BSA) and Anti-Money Laundering (AML) Strategy and Solution Management. He reports to Brian Ferrell, EVP, Head of Financial Crimes.

Jason Wingo Joins Coastal Community Bank as Head of BSA/AML Strategy and Solution Management

Coastal Financial Corporation (CCB) came out with quarterly earnings of $0.66 per share, missing the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.96 per share a year ago.

Coastal Financial Corporation (CCB) Misses Q4 Earnings Estimates

EVERETT, Wash., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB), the bank holding company for Coastal Community Bank announced that Brian Hamilton has joined its Board of Directors.

Brian Hamilton Joins Coastal Financial Corporation Board of Directors

Coastal Financial Corporation (CCB) came out with quarterly earnings of $0.75 per share, missing the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.82 per share a year ago.

Coastal Financial Corporation (CCB) Q3 Earnings and Revenues Miss Estimates

Coastal Financial Corporation (CCB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Coastal Financial Corporation (CCB) to Report Q3 Results: Wall Street Expects Earnings Growth

Community banks have had a tough year as the collapse of Silicon Valley Bank, First Republic Bank and Signature Bank sent shockwaves through the domestic banking industry.

Coastal Financial: A Community Bank With Growth Opportunities

Community banks have had a tough year as the collapse of Silicon Valley Bank, First Republic Bank, and Signature Bank sent shockwaves through the domestic banking industry. One standout that has weathered the storm is Coastal Financial Corp ( CCB , Financial) which is a bank holding company for Coastal Community Bank, a large community bank that provides banking products and services to businesses, professionals, and individuals in the Puget Sound region in Washington which includes the cities of Seattle and Tacoma.

Coastal Financial, A Community Bank with Growth Oppor

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EVERETT, Wash., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB), the bank holding company for Coastal Community Bank, announced that Brian Ferrell has joined the Bank as Executive Vice President, Head of Financial Crimes Compliance, and Bill Rhodes has joined as Executive Vice President, Chief Audit Executive.

Coastal Community Bank Adds to Executive Leadership

Coastal Financial Corporation (CCB) came out with quarterly earnings of $0.95 per share, missing the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.76 per share a year ago.

Coastal Financial Corporation (CCB) Lags Q2 Earnings and Revenue Estimates

Coastal Financial Corporation (CCB) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Is Coastal Financial Corporation (CCB) a Solid Growth Stock? 3 Reasons to Think "Yes"

The mean of analysts' price targets for Coastal Financial Corporation (CCB) points to a 55.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Does Coastal Financial Corporation (CCB) Have the Potential to Rally 55.62% as Wall Street Analysts Expect?

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Powell's hawkish testimony likely to lift bank stocks. Investors, thus, should bet on stocks like Pathward Financial (CASH), Coastal Financial (CCB) & CB Financial Services (CBFV) for now.

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EVERETT, Wash., June 20, 2023 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB), the Bank holding company for Coastal Community Bank, is making its first move towards the Metaverse. The Bank Holding Company revealed Coastal World, an immersive 3D web platform that promotes, educates, and informs visitors about digital banking solutions that best fit their lifestyle, values, or specific financial situations through a fun and engaging online experience.

Coastal Community Bank is making its first move towards the Metaverse with 3D Game and Marketplace

Coastal Financial Corporation (CCB) could produce exceptional returns because of its solid growth attributes.

Coastal Financial Corporation (CCB) is an Incredible Growth Stock: 3 Reasons Why

Decent loan demand, a solid balance sheet and higher rates will keep supporting Coastal Financial (CCB). This makes the stock worth investing in now.

4 Reasons to Add Coastal Financial (CCB) Stock to Your Kitty

The average of price targets set by Wall Street analysts indicates a potential upside of 50.5% in Coastal Financial Corporation (CCB). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Predict a 50.47% Upside in Coastal Financial Corporation (CCB): Here's What You Should Know

EVERETT, Wash., May 09, 2023 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (NASDAQ: CCB), the parent company of Coastal Community Bank, was awarded the Raymond James Community Bankers Cup for 2022. Coastal has received the award for the fourth consecutive year.

Coastal Financial Corporation awarded Raymond James Community Bankers Cup for 2022

Coastal Financial Corporation (CCB) came out with quarterly earnings of $0.91 per share, missing the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.46 per share a year ago.

Coastal Financial Corporation (CCB) Misses Q1 Earnings Estimates

First Quarter 2023 Highlights: Quarterly net income of $12.4 million , or $0.91 per diluted common share, for the three months ended March 31, 2023 , compared to $13.1 million , or $0.96 per diluted common share for the three months ended December 31, 2022 . Total assets increased $306.6 million , or 9.7% , to $3.45 billion for the quarter ended March 31, 2023 , compared to $3.14 billion at December 31, 2022.

Coastal Financial Corporation Announces First Quarter 2023 Results

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With inflation falling to 5%, the expectations for sustained rate hikes have fallen considerably. Even though core inflation did rise and the labor market remains strong, the Federal Reserve, for now, is unlikely to hike interest rates further.

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EVERETT, Wash., April 03, 2023 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB), the bank holding company for Coastal Community Bank, announced that John Dickson has retired from his role as Chief Operating Officer of the Bank. Mr. Dickson will continue part-time with the Bank in an advisory role for a period of time to ensure a smooth transition.

John Dickson Retires as Chief Operating Officer

Coastal Financial Corporation (CCB) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Coastal Financial Corporation (CCB) Soars 9.4%: Is Further Upside Left in the Stock?

News for Coastal Financial Corp Stock (CCB)