Coastal Financial Corporation

CCB

US19046P2092

Banks

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
40.6 ^USD	-1.43%		+3.44%	-8.58%

Jan. 30	Coastal Financial Corporation Announces Net Charge Offs for the Quarter Ended December 31, 2023	CI
Jan. 30	Earnings Flash (CCB) COASTAL FINANCIAL CORPORATION Posts Q4 EPS $0.66	MT

Coastal Financial Corporation Announces Net Charge Offs for the Quarter Ended December 31, 2023

January 30, 2024 at 03:56 pm EST

Coastal Financial Corporation announced net charge offs for the quarter ended December 31, 2023. Net charge-offs totaled $44.9 million for the quarter ended December 31, 2023, compared to $36.8 million for the quarter ended September 30, 2023 and $18.9 million for the quarter ended December 31, 2022.

Latest news about Coastal Financial Corporation

Coastal Financial Corporation Announces Net Charge Offs for the Quarter Ended December 31, 2023	Jan. 30	CI
Earnings Flash (CCB) COASTAL FINANCIAL CORPORATION Posts Q4 EPS $0.66	Jan. 30	MT
Coastal Financial Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 30	CI
North American Morning Briefing : Intel Drags Down -2-	Jan. 26	DJ
Coastal Financial Corporation Appoints Brian Hamilton to its Board of Directors	Jan. 04	CI
Coastal Financial Corporation Reports Unaudited Net Charge-Offs for the Quarter Ended September 30, 2023	23-10-27	CI
Earnings Flash (CCB) COASTAL FINANCIAL CORPORATION Posts Q3 EPS $0.75	23-10-27	MT
Earnings Flash (CCB) COASTAL FINANCIAL CORPORATION Reports Q3 Revenue $96.8M	23-10-27	MT
Coastal Financial Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-27	CI
Coastal Financial Corporation Announces Management Appointments	23-08-01	CI
Earnings Flash (CCB) COASTAL FINANCIAL CORPORATION Posts Q2 Revenue $120.95M	23-07-27	MT
Earnings Flash (CCB) COASTAL FINANCIAL CORPORATION Posts Q2 EPS $0.95	23-07-27	MT
Coastal Financial Corporation Reports Unaudited Net Charge-Offs Results for the Second Quarter Ended June 30, 2023	23-07-27	CI
Coastal Financial Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-07-27	CI
North American Morning Briefing : Stock Futures -2-	23-07-26	DJ
Stephens Adjusts Coastal Financial Price Target to $53 From $51, Maintains Overweight Rating	23-05-02	MT
Earnings Flash (CCB) COASTAL FINANCIAL CORPORATION Posts Q1 EPS $0.91	23-04-27	MT
Coastal Financial Corporation Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-27	CI
Coastal Financial Corporation Reports Net Charge Offs for the First Quarter Ended March 31, 2023	23-04-27	CI
Keefe, Bruyette & Woods Adjusts Price Target on Coastal Financial to $66 From $70, Maintains Outperform Rating	23-04-06	MT
Sector Update: Financial Stocks Steady Late Afternoon	23-04-03	MT
Sector Update: Financial	23-04-03	MT
Coastal Financial's Chief Operating Officer John Dickson Retires	23-04-03	MT
Coastal Financial Corporation Announces Resignation of John Dickson as Chief Operating Officer	23-04-03	CI
Insider Buy: Coastal Financial	23-03-15	MT

Chart Coastal Financial Corporation

Duration

Period

More charts

Company Profile

Coastal Financial Corporation is the bank holding company that operates through its subsidiaries, including Coastal Community Bank (Bank) and Arlington Olympic LLC. The Company operates through three segments: CCBX, the Community Bank and treasury & administration. The CCBX segment provides banking as a service (BaaS) activities that allows its broker-dealer and digital financial service partners to offer their customers banking services. It offers a variety of loans to business owners, including commercial and industrial loans and commercial real estate loans secured by owner-occupied commercial properties. The Community Bank segment provides a range of banking products and services to consumers and small to medium sized businesses in the broader Puget Sound region in the state of Washington and through the Internet and its mobile banking application. The treasury and administration segment includes treasury management, overall administration and all other aspects of the Company.

Sector

Banks

Calendar

2024-07-24 - Q2 2024 Earnings Release (Projected)

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Coastal Financial Corporation

Trading Rating

Investor Rating

ESG Refinitiv

D+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

40.6 USD

Average target price

54.12 USD

Spread / Average Target

+33.31%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Banks

	1st Jan change	Capi.
COASTAL FINANCIAL CORPORATION	-8.58%	544M
JPMORGAN CHASE & CO.	+13.75%	556B
BANK OF AMERICA CORPORATION	+12.36%	298B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+8.64%	247B
WELLS FARGO & COMPANY	+21.72%	210B
BANK OF CHINA LIMITED	+16.11%	170B
CHINA CONSTRUCTION BANK CORPORATION	+6.88%	162B
HSBC HOLDINGS PLC	+4.42%	153B
ROYAL BANK OF CANADA	+0.10%	139B
HDFC BANK LIMITED	-11.67%	138B

Other Banks