Coastal Financial Corporation (CCB)
| Market Cap | 419.42M |
| Revenue (ttm) | 74.20M |
| Net Income (ttm) | 21.78M |
| Shares Out | 11.98M |
| EPS (ttm) | 1.77 |
| PE Ratio | 19.71 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 12,038 |
| Open | 34.74 |
| Previous Close | 34.48 |
| Day's Range | 34.48 - 34.92 |
| 52-Week Range | 14.01 - 35.46 |
| Beta | 1.20 |
| Analysts | Strong Buy |
| Price Target | 37.00 (+6.0%) |
| Est. Earnings Date | Oct 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 ...
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 StatementsAnalyst 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.
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...
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...
Coastal Financial Corporation Announces Second Quarter 2021 Results
Second Quarter 2021 Highlights:
Coastal Financial Corporation Announces First Quarter 2021 Results
First Quarter 2021 Highlights:
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...
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.
Coastal Financial Corporation Announces Fourth Quarter and Year End 2020 Results
2020 Highlights: