Coastal Financial Stock (NASDAQ:CCB)


RevenueOwnershipFinancialsChart

Previous Close

$79.55

52W Range

$37.30 - $102.25

50D Avg

$87.30

200D Avg

$69.35

Market Cap

$1.21B

Avg Vol (3M)

$129.87K

Beta

1.01

Div Yield

-

CCB Company Profile


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 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 automobile, boat and recreational vehicle, and secured term loans, as well as overdraft protection. It also provides remote deposit capture, online and mobile banking, and direct and reciprocal 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, as well as banking as a service (BaaS), a platform that allows broker dealers and digital financial service providers to offer their clients banking services. It operates 14 full-service banking locations. Coastal Financial Corporation was founded in 1997 and is headquartered in Everett, Washington.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

488

IPO Date

Jul 19, 2018

Website

CCB Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 24Dec 23Dec 22
Loan Referral Fees$168.00K$810.00K-
Merchant Service Fees$487.00K$508.00K-
Baa S Fees$282.67M--
Earnings On Life Insurance$486.00K$361.00K-
Gain Loss On Equity Investment$27.00K$-153.00K-
Lease And Sublease Income$204.00K$157.00K-
Loan Servicing Fees$142.00K$223.00K-
Deposit Account Other$1.05M$931.00K-
Deposit Account Overdraft Fees$198.00K$310.00K-
Financial Service, Other$692.00K$346.00K-
Interchange Income$2.00M--
Community Bank Segment---
C C B X Segment-$184.93M-
Gain On Sale Of Branch---
Gain On Sale Of Loan---
Mortgage Banking--$257.00K

Fiscal year ends in Dec 24 | Currency in USD

CCB Financial Summary


Dec 24Dec 23Dec 22
Revenue$396.78M$330.37M$213.59M
Operating Income$396.62M$57.13M$71.02M
Net Income-$44.58M$40.63M
EBITDA-$59.46M-
Basic EPS-$3.36$3.14
Diluted EPS-$3.27$3.01

Fiscal year ends in Dec 24 | Currency in USD

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