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Coastal Financial Corporation (CCB)

Stock Price: $13.00 USD 0.25 (1.96%)
Updated Jul 8, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 155.04M
Revenue (ttm) 48.97M
Net Income (ttm) 13.12M
Shares Out 11.93M
EPS (ttm) 1.07
PE Ratio 12.15
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Jul 8, 2020
Last Price $13.00
Previous Close $12.75
Change ($) 0.25
Change (%) 1.96%
Day's Open 12.75
Day's Range 12.57 - 13.83
Day's Volume 25,010
52-Week Range 8.41 - 18.59

More Stats

Market Cap 155.04M
Enterprise Value 187.90M
Earnings Date (est) Jul 23, 2020
Ex-Dividend Date n/a
Shares Outstanding 11.93M
Float 8.28M
EPS (basic) 1.11
EPS (diluted) 1.07
FCF / Share 1.19
Dividend n/a
Dividend Yield n/a
Earnings Yield 8.23%
FCF Yield 9.10%
Payout Ratio n/a
Shares Short 43,733
Short Ratio 2.85
Short % of Float 0.58%
Beta n/a
PE Ratio 12.15
Forward PE n/a
P/FCF Ratio 10.99
PS Ratio 3.17
PB Ratio 1.30
Revenue 48.97M
Operating Income 16.55M
Net Income 13.12M
Free Cash Flow 14.11M
Net Cash -32.86M
Net Cash / Share -2.76
Gross Margin 97.46%
Operating Margin 33.80%
Profit Margin 26.80%
FCF Margin 28.81%
ROA 1.14%
ROE 10.95%
ROIC 1.50%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (0)

Buy 0
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: n/a

Price Target

$17.00*
(30.77% upside)
Low
17.0
Current: 13.00
High
17.0
Target: 17.00
*Average 12-month price target from 2 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016
Revenue47.7338.4632.5229.00
Revenue Growth24.1%18.25%12.16%-
Gross Profit47.7338.4632.5229.00
Operating Income16.6612.2410.097.46
Net Income13.209.705.445.00
Shares Outstanding11.9010.449.239.22
Earnings Per Share1.080.910.590.54
EPS Growth18.68%54.24%9.26%-
Operating Cash Flow13.6714.407.627.12
Capital Expenditures-1.21-1.15-1.06-0.91
Free Cash Flow12.4613.256.566.21
Cash & Equivalents16.5616.3213.7986.98
Total Debt32.2433.5533.5328.51
Net Cash / Debt-15.69-17.23-19.7458.46
Assets1,129952806741
Liabilities1,004843740681
Book Value12410965.7159.90
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Coastal Financial Corporation
Country United States
Employees 208
CEO Eric M. Sprink

Stock Information

Ticker Symbol CCB
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: CCB
IPO Date July 18, 2018

Description

Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to consumers and small to medium sized businesses 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 loans, equipment financing, borrowing base loans, and other loan products; owner-occupied and non-owner-occupied real estate loans, and multi-family residential loans; construction and land development loans; residential real estate loans; and consumer and other loans, including auto, boat, and recreational vehicle loans, as well as secured term loans. It also provides remote deposit capture, online banking, mobile banking, and direct deposit services, as well as debit cards. In addition, the company offers business accounts and cash management services, including business checking and savings accounts, and treasury services. It operates 14 full-service banking locations. The company was founded in 1997 and is headquartered in Everett, Washington.