Coastal Financial Corporation - Common Stock (CCB)
107.57
-0.29 (-0.27%)
NASDAQ · Last Trade: Aug 18th, 12:06 AM EDT
Detailed Quote
Previous Close
107.86
Open
108.28
Bid
107.38
Ask
107.79
Day's Range
105.56 - 108.28
52 Week Range
47.90 - 108.69
Volume
119,308
Market Cap
1.39B
PE Ratio (TTM)
33.10
EPS (TTM)
3.3
Dividend & Yield
N/A (N/A)
1 Month Average Volume
144,154
Chart
About Coastal Financial Corporation - Common Stock (CCB)
Coastal Financial Corp is a financial institution that provides a range of banking services primarily to individual consumers and small to medium-sized businesses. The company offers products such as personal and business checking and savings accounts, loans, mortgages, and other financial solutions aimed at enhancing the economic well-being of its customers. With a focus on community-oriented banking, Coastal Financial Corp emphasizes personalized service and local decision-making to help meet the unique needs of its clientele. Read More
Shares of banking services provider Coastal Financial (NASDAQ:CCB) jumped 4.6% in the afternoon session after the company announced the appointment of four new members to its executive leadership team to support its continued growth across its digital banking and community-focused initiatives. The new appointments include Ryan Hall as Chief Product Officer, Michael Costigan as Chief Commercial Officer, Freddy Rivas as Chief Credit Officer, and Chris Morgan as Chief Information Security Officer. These strategic hires are intended to bolster the company's expansion, particularly in its high-growth digital banking and embedded finance divisions. The new leaders bring crucial expertise in fintech partnerships, credit risk management, and cybersecurity, strengthening the bank's operational resilience. This news adds to recent positive momentum, with the company's stock trading near its 52-week high after delivering impressive returns over the past year.
EVERETT, Wash., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB) (the “Company”), and its subsidiary, Coastal Community Bank (the “Bank”), today announced the appointment of four new members to its executive leadership team to support the Company’s continued growth across its digital banking and community-focused initiatives.
Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look at Coastal Financial (NASDAQ:CCB) and its peers.
A number of stocks fell in the morning session after a surprisingly weak July jobs report and the announcement of sweeping new tariffs fueled fears of an economic slowdown and an impending interest rate cut.
Banking services provider Coastal Financial (NASDAQ:CCB) fell short of the market’s revenue expectations in Q2 CY2025, with sales falling 11.7% year on year to $119.4 million. Its GAAP profit of $0.71 per share was 15% below analysts’ consensus estimates.
EVERETT, Wash., July 29, 2025 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB) (the “Company”, "Coastal", "we", "our", or "us"), the holding company for Coastal Community Bank (the “Bank”), through which it operates a community-focused bank segment ("community bank") with an industry leading banking as a service ("BaaS") segment ("CCBX"), today reported unaudited financial results for the quarter ended June 30, 2025, including net income of $11.0 million, or $0.71 per diluted common share, compared to $9.7 million, or $0.63 per diluted common share, for the three months ended March 31, 2025 and $11.6 million, or $0.84 per diluted common share, for the three months ended June 30, 2024.
Coastal Financial currently trades at $97.35 and has been a dream stock for shareholders. It’s returned 601% since July 2020, blowing past the S&P 500’s 93.9% gain. The company has also beaten the index over the past six months as its stock price is up 14.8%.
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings.
However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
The best-performing stocks typically have robust sales growth, increasing margins, and rising returns on capital,
and those that can maintain this trifecta year in and year out often become the legends of the investing world.
Banks play a critical role in the financial system, providing everything from commercial loans to wealth management and payment processing services. But concerns about loan losses and tightening regulations have tempered enthusiasm,
and over the past six months, the banking industry has pulled back by 5.8%. This performance was disappointing since the S&P 500 climbed 1.9%.
EVERETT, Wash., April 29, 2025 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB) (the “Company”, "Coastal", "we", "our", or "us"), the holding company for Coastal Community Bank (the “Bank”), through which it operates a community-focused bank segment ("community bank") with an industry leading banking as a service ("BaaS") segment ("CCBX"), today reported unaudited financial results for the quarter ended March 31, 2025, including net income of $9.7 million, or $0.63 per diluted common share, compared to $13.4 million, or $0.94 per diluted common share, for the three months ended December 31, 2024 and $6.8 million, or $0.50 per diluted common share, for the three months ended March 31, 2024.
Robinhood Markets Inc. is transforming its business model by launching an integrated suite of financial services designed to attract retail investors seeking more sophisticated private banking and investment solutions.
Revenue is expected to grow 24.32% this year and another 35.73% next year. Earnings are estimated to increase 48.92% this year and an additional 55.11% next year.
Smaller public U.S. companies have underperformed larger company stocks for the better part of the past decade – but the investment professionals at Emerald Asset Management are seeing the emerging signs of a “Springtime for Small Caps” at their 32nd annual Groundhog Day Investment Forum, coming up on Thursday, February 6th online as an all-event virtual stream. Emerald’s team of analysts and portfolio managers will focus on sector- and industry- specific opportunities as they introduce an exclusive new whitepaper exploring the Springtime for Small Caps theme.
EVERETT, Wash., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB) (the “Company”, "Coastal", "we", "our", or "us"), the holding company for Coastal Community Bank (the “Bank”), through which it operates a community-focused bank with an industry leading banking as a service ("BaaS") segment, today reported unaudited financial results for the quarter ended December 31, 2024, including net income of $13.4 million, or $0.94 per diluted common share, compared to $13.5 million, or $0.97 per diluted common share, for the three months ended September 30, 2024 and $45.2 million, or $3.26 per diluted common share, for the year ended December 31, 2024, compared to $44.6 million, or $3.27 per diluted common share for the year ended December 31, 2023.
