Coastal Financial Stock (NASDAQ:CCB)


RevenueOwnershipFinancialsChart

Previous Close

$85.97

52W Range

$35.67 - $86.25

50D Avg

$68.59

200D Avg

$51.05

Market Cap

$1.24B

Avg Vol (3M)

$92.03K

Beta

1.22

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.

Show More

Industry

Banks - Regional

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

507

IPO Date

Jul 19, 2018

Website

CCB Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Community Bank Segment---
C C B X Segment$184.93M--
Lease And Sublease Income-$157.00K$126.00K
Deposit Account Other-$931.00K$855.00K
Deposit Account Overdraft Fees-$310.00K$316.00K
Financial Service, Other-$346.00K-
Loan Referral Fees-$810.00K$2.13M
Mortgage Banking-$257.00K$920.00K
Merchant Service Fees-$508.00K$568.00K
Earnings On Life Insurance-$361.00K$172.00K
Gain Loss On Equity Investment-$-153.00K$1.47M
Gain On Sale Of Branch--$1.26M
Loan Servicing Fees-$223.00K$248.00K
Gain On Sale Of Loan--$396.00K
Deposit Account--$3.70M
Financial Service Other--$393.00K
Financial Service--$2.13M
Baa S Fees--$17.31M

Fiscal year ends in Dec 23 | Currency in USD

CCB Financial Summary


Dec 23Dec 22Dec 21
Revenue$330.37M$213.59M$101.81M
Operating Income$57.13M$71.02M$34.38M
Net Income$44.58M$40.63M$27.00M
EBITDA$57.13M$72.83M$35.96M
Basic EPS$3.27$3.14$2.25
Diluted EPS$3.27$3.01$2.16

Fiscal year ends in Dec 23 | Currency in USD

Peer Comparison


TickerCompany
LSBKLake Shore Bancorp, Inc.
CFBCrossFirst Bankshares, Inc.
ORRFOrrstown Financial Services, Inc.
PKBKParke Bancorp, Inc.
FNWDFinward Bancorp
FCCOFirst Community Corporation
FBIZFirst Business Financial Services, Inc.
OPOFOld Point Financial Corporation
CWBCCommunity West Bancshares
FFNWFirst Financial Northwest, Inc.
AFBIAffinity Bancshares, Inc.
HFBLHome Federal Bancorp, Inc. of Louisiana
CNOBConnectOne Bancorp, Inc.
RBKBRhinebeck Bancorp, Inc.
FNWBFirst Northwest Bancorp