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Coastal Financial Corporation (CCB)

NASDAQ: CCB · IEX Real-Time Price · USD
34.92 0.44 (1.28%)
Oct 25, 2021 4:00 PM EDT - Market closed
Market Cap419.42M
Revenue (ttm)74.20M
Net Income (ttm)21.78M
Shares Out11.98M
EPS (ttm)1.77
PE Ratio19.71
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume12,038
Open34.74
Previous Close34.48
Day's Range34.48 - 34.92
52-Week Range14.01 - 35.46
Beta1.20
AnalystsStrong Buy
Price Target37.00 (+6.0%)
Est. Earnings DateOct 27, 2021

About CCB

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. It accepts a range of deposit products, including checking accounts, demand and savings accounts, time deposits, and money market accounts. The company offers commercial and industrial loans, including term loans, small business administration loans, commercial lines of credit, working capital ...

IndustryBanks
IPO DateJul 18, 2018
CEOEric Sprink
Employees321
Stock ExchangeNASDAQ
Ticker SymbolCCB
Full Company Profile

Financial Performance

In 2020, CCB's revenue was $57.26 million, an increase of 19.98% compared to the previous year's $47.73 million. Earnings were $15.15 million, an increase of 14.73%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for CCB stock is "Strong Buy." The 12-month stock price forecast is 37.00, which is an increase of 5.96% from the latest price.

Price Target
$37.00
(5.96% upside)
Analyst Consensus: Strong Buy

News

Michael Patterson Joins Coastal Financial Corporation Board of Directors

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 B...

3 weeks ago - GlobeNewsWire

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

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...

2 months ago - GlobeNewsWire

Coastal Financial Corporation Announces Second Quarter 2021 Results

Second Quarter 2021 Highlights:

2 months ago - GlobeNewsWire

Coastal Financial Corporation Announces First Quarter 2021 Results

First Quarter 2021 Highlights:

5 months ago - GlobeNewsWire

Coastal Financial Corporation awarded Raymond James Community Bankers Cup for 2020

EVERETT, Wash., April 22, 2021 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (NASDAQ: CCB), the parent company of Coastal Community Bank, has been awarded the Raymond James Community Bankers Cup for...

6 months ago - GlobeNewsWire

Coastal Community Bank to sell Freeland branch to SaviBank

EVERETT, Wash., Feb. 23, 2021 (GLOBE NEWSWIRE) -- Coastal Community Bank (Coastal) announced today that it plans to sell its Freeland branch to SaviBank.

8 months ago - GlobeNewsWire