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.

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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.

Coastal Financial Corporation Announces Third Quarter 2022 Results

EVERETT, Wash., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (NASDAQ: CCB), the parent company of Coastal Community Bank, has been named to the Piper Sandler Bank & Thrift Sm-All Stars Class of 2022 and one of two banks to receive the award for the fourth consecutive year.

Coastal Financial Corporation earns Piper Sandler Sm-All Stars Class Award for the 4th consecutive year

Coastal Financial Corporation (CCB) possesses solid growth attributes, which could help it handily outperform the market.

3 Reasons Why Coastal Financial Corporation (CCB) Is a Great Growth Stock

Coastal Financial Corporation Announces Second Quarter 2022 Results

The consensus price target hints at a 72.7% upside potential for Coastal Financial Corporation (CCB). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Think Coastal Financial Corporation (CCB) Could Surge 73%: Read This Before Placing a Bet

EVERETT, Wash., June 09, 2022 (GLOBE NEWSWIRE) -- Coastal Community Bank announced that they are pleased to have joined the newly launched Bankers Helping Bankers (BHB) Banking as a Service (BaaS) Association as a founding member. The Association aims to serve the unique needs of BaaS Sponsor banks.

Coastal Community Bank Joins Newly Launched Banking as a Service (BaaS) Association

EVERETT, Wash., May 23, 2022 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB) (the “Company”), the holding company for Coastal Community Bank (the “Bank”), announced the hiring of Jeff Ketelhut, CAMS, as Executive Vice President and Bank Secrecy Act (BSA) Officer. In this role, Ketelhut is responsible for developing, implementing, and enforcing Coastal's BSA compliance program and coordinating with state and federal regulators on these matters.

Coastal Names Bank Secrecy Act (BSA) Officer

EVERETT, Wash., May 18, 2022 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB) (the “Company”), the holding company for Coastal Community Bank (the “Bank”), announced the hiring of Curt Queyrouze as President. Eric Sprink will continue as CEO as the Bank expands the Executive team of the almost $3 billion Bank.

Coastal Names New President

Coastal Financial Corporation (CCB) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Down 14.2% in 4 Weeks, Here's Why Coastal Financial Corporation (CCB) Looks Ripe for a Turnaround

The heavy selling pressure might have exhausted for Coastal Financial Corporation (CCB) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Down 13.3% in 4 Weeks, Here's Why Coastal Financial Corporation (CCB) Looks Ripe for a Turnaround

Coastal Financial Corporation (CCB) delivered earnings and revenue surprises of 2.22% and 55.03%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Coastal Financial Corporation (CCB) Q1 Earnings and Revenues Beat Estimates

Coastal Financial Corporation Announces First Quarter 2022 Results

EVERETT, Wash., April 12, 2022 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (NASDAQ: CCB), the parent company of Coastal Community Bank, was awarded the Raymond James Community Bankers Cup for 2021. Coastal is one of four recipients receiving the award for the third consecutive year.

Coastal Financial Corporation awarded Raymond James Community Bankers Cup for 2021

Strong credit quality and robust core deposit franchise. BaaS is the potential value creator.

Coastal: Commercial Bank With BaaS Upside

Coastal Financial Corporation Announces Fourth Quarter and Year End 2021 Results

EVERETT, Wash., Dec. 17, 2021 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (NASDAQ: CCB) (“Coastal” or the “Company”), the holding company for Coastal Community Bank (the “Bank”), today announced the closing of its underwritten public offering of 851,853 shares of its common stock at a price to the public of $40.50 per share, including 111,111 shares of common stock sold pursuant to the underwriters' option to purchase additional shares, which was exercised in full.

Coastal Financial Corporation Closes Public Offering of Common Stock

EVERETT, Wash., Dec. 14, 2021 (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 740,742 shares of its common stock at a price to the public of $40.50 per share. Coastal also granted the underwriters a 30-day option to purchase up to an additional 111,111 shares of its common stock.

Coastal Financial Corporation Prices Public Offering of Common Stock

EVERETT, Wash., Dec. 13, 2021 (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 an underwritten public offering of $30.0 million of its common stock. Coastal expects to grant the underwriters a 30-day option to purchase up to an additional $4.5 million of its common stock.

Coastal Financial Corporation Announces Public Offering of Common Stock

Coastal will tap into LendingPoint's AI CreditTech platform to provide affordable credit access to a broader scope of consumers and small businesses Coastal will tap into LendingPoint's AI CreditTech platform to provide affordable credit access to a broader scope of consumers and small businesses

Coastal Community Bank Partners with LendingPoint to Expand Inclusive Lending

Coastal Financial (NASDAQ:CCB) reported its Q3 earnings results on Wednesday, October 27, 2021 at 03:00 PM. Here's what investors need to know about the announcement.

Coastal Financial: Q3 Earnings Insights

Coastal Financial Corporation Announces Third Quarter 2021 Results

EVERETT, Wash., Oct. 04, 2021 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB), the bank holding company for Coastal Community Bank announced that Michael Patterson, CPA, has joined its Board of Directors.

Michael Patterson Joins Coastal Financial Corporation Board of Directors

EVERETT, Wash., Aug. 18, 2021 (GLOBE NEWSWIRE) -- Coastal Financial Corporation. (NASDAQ: CCB) (“Coastal”) (the “Company”), the holding company for Coastal Community Bank, today announced the completion of its private placement of $25.0 million in fixed-to-floating rate subordinated notes due September 1, 2031 (the “Notes”).

Coastal Financial Corporation Completes Private Placement of $25 Million of Subordinated Notes

Coastal Financial Corporation Announces Second Quarter 2021 Results

Coastal Financial Corporation Announces First Quarter 2021 Results

News for Coastal Financial Corp Stock (CCB)