Coastal Financial Corporation
- Open
- 77.72
- Day high
- 80.31
- Day low
- 77.31
- Prev close
- 77.51
- Volume
- 58K
- Mkt cap
- $1.2B
- P/E (TTM)
- 24.5
- EPS (TTM)
- $3.27
- P/B
- 2.4
- P/S
- 2.0
- Yield
- —
- Per share
- —
- ▼Insiders net selling -$754K over the last 3 months (0 open-market buys, 3 sales)
- 🏛Institutions mixed (13F)
Coastal Financial Corporation (CCB) is a Financial Services company listed on NASDAQ. The stock is down 23% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 3 sales (SEC Form 4).
Coastal Financial Corporation (CCB) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 2 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
CCB earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 29, 2026 | $1.02 | $0.78 | -23.5% | $149M | +7.8% |
| Jan 29, 2026 | $1.16 | $0.82 | -29.3% | $167M | +12.7% |
| Oct 29, 2025 | $0.89 | $0.88 | -1.1% | $141M | +2.0% |
| Jul 29, 2025 | $0.87 | $0.71 | -18.4% | $115M | -27.1% |
| Jan 28, 2025 | $0.96 | $0.94 | -2.1% | $108M | -31.2% |
| Jan 30, 2024 | $0.73 | $0.66 | -9.6% | $88M | -6.7% |
| Oct 27, 2023 | $0.93 | $0.75 | -19.4% | $71M | -43.7% |
| Jul 27, 2023 | $0.97 | $0.95 | -2.1% | $97M | -21.5% |
| Apr 27, 2023 | $0.87 | $0.91 | +4.6% | $84M | -8.9% |
| Jan 27, 2023 | $0.85 | $0.96 | +12.9% | $72M | -17.4% |
| Oct 27, 2022 | $0.80 | $0.82 | +2.5% | $56M | -21.3% |
| Jul 27, 2022 | $0.53 | $0.76 | +43.4% | $47M | -23.3% |
CCB insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 2, 2026 | Hamilton Brian Tdirector, officer: President of CCBX | Sell | 7,000 | $71.42 |
| Jun 2, 2026 | Hamilton Brian Tdirector, officer: President of CCBX | Tax | 230 | $71.42 |
| May 28, 2026 | Unger Pameladirector | Grant | 1,193 | — |
| May 28, 2026 | Patterson Michael Robertdirector | Grant | 1,404 | — |
| May 28, 2026 | Tisdel Gregory Adirector | Grant | 1,193 | — |
| May 28, 2026 | Adams Christopher Ddirector | Grant | 1,754 | — |
| May 28, 2026 | Akella-Mishra Sadhanadirector | Grant | 1,369 | — |
| May 28, 2026 | Chapman Jeffrey Mdirector | Grant | 1,532 | — |
| May 28, 2026 | Delorier Rilla Sdirector | Grant | 1,193 | — |
| May 28, 2026 | HOVDE STEVEN Ddirector, 10 percent owner: | Grant | 1,333 | — |
| May 28, 2026 | Klee Stephandirector | Grant | 1,369 | — |
| May 28, 2026 | Lane Thomas Ddirector | Grant | 1,474 | — |
| May 11, 2026 | Lane Thomas Ddirector | Sell | 300 | $72.60 |
| May 4, 2026 | Sarvela Elizabeth Annofficer: Chief Risk Officer | Tax | 68 | $75.80 |
| May 1, 2026 | Hamilton Brian Tdirector, officer: President of CCBX | Tax | 230 | $75.44 |
Source: CCB SEC Form 4 filings, latest Jun 2, 2026. For informational purposes only — not investment advice.
See the full CCB insider & 13F page →Coastal Financial Corporation company profile
Overview
Coastal Financial Corporation (NASDAQ:CCB) is a regional bank holding company founded in 1997 and headquartered in Everett, Washington. The company operates through its wholly-owned subsidiary, Coastal Community Bank, serving small to medium-sized businesses, professionals, and individuals primarily in the Puget Sound region of Washington state. Since going public in July 2018, Coastal Financial has grown to operate 14 full-service banking locations while expanding its digital banking capabilities and specialized services including Banking-as-a-Service platforms for fintech partners.
Business
Coastal Financial Corporation operates in the regional banking industry, providing traditional commercial and retail banking services to customers in the Pacific Northwest. Regional banks like Coastal serve as intermediaries between depositors and borrowers, accepting deposits from individuals and businesses while lending those funds to creditworthy borrowers at higher interest rates than they pay on deposits. The company's core banking services include deposit products such as demand accounts (checking), savings accounts, time deposits (certificates of deposit), and money market accounts. These products allow customers to safely store their money while earning modest interest returns, with the bank using these deposits as its primary funding source for lending activities. On the lending side, Coastal offers several loan categories. Commercial and industrial loans represent a significant portion of the portfolio, including term loans for business expansion, Small Business Administration (SBA) guaranteed loans, commercial lines of credit for working capital needs, equipment financing, and borrowing base loans tied to accounts receivable or inventory. The bank also provides real estate lending services, including owner-occupied commercial real estate loans, non-owner-occupied investment property loans, multi-family residential loans, and construction and land development financing. Additionally, Coastal offers residential mortgage loans for home purchases and refinancing, as well as consumer loans including automobile financing, boat and recreational vehicle loans, and secured personal loans. Beyond traditional banking, Coastal has developed a Banking-as-a-Service (BaaS) platform that allows broker-dealers and digital financial service providers to offer banking services to their clients under a white-label arrangement. This technology-enabled service represents a growing revenue stream and differentiates Coastal from many traditional regional banks. The company also provides digital banking solutions including remote deposit capture, online and mobile banking platforms, treasury services for business customers, and comprehensive cash management services.
Revenue model
Coastal Financial generates revenue primarily through net interest income, which is the difference between interest earned on loans and investments and interest paid on deposits and borrowed funds. This spread typically represents 70-80% of total revenue for regional banks. The company earns interest income from its loan portfolio across commercial, real estate, and consumer segments, while paying lower rates to depositors and other funding sources. Non-interest income provides the remaining revenue through various fee-based services. This includes loan origination fees, deposit account service charges, overdraft fees, treasury management fees from business customers, and revenue from the Banking-as-a-Service platform. The BaaS offering generates both setup fees and ongoing transaction-based revenue from partner financial service providers. The bank's customers are primarily small to medium-sized businesses, professionals, and individual consumers in the Puget Sound region. Commercial borrowers typically include local businesses needing working capital, equipment financing, or real estate loans, while retail customers use the bank for personal banking, mortgages, and consumer loans. Several factors can significantly impact Coastal's profitability margins. Interest rate environment is the most critical factor - rising rates generally benefit banks by widening net interest margins, while falling rates compress margins. Credit quality directly affects profitability through loan loss provisions, with economic downturns potentially leading to higher charge-offs. Competition from larger national banks, credit unions, and fintech companies can pressure both deposit costs and loan pricing. Regulatory compliance costs continue to increase for regional banks, while deposit competition has intensified as customers seek higher yields in rising rate environments. The bank's loan mix also matters, as commercial loans typically offer higher margins than residential mortgages but carry different risk profiles.
Competitive moat
Coastal Financial operates in the highly competitive regional banking sector with limited sustainable competitive advantages. The company's primary moat comes from its local market presence and established relationships in the Puget Sound region, where community banks often compete effectively against larger institutions through personalized service and local decision-making capabilities. The bank's Banking-as-a-Service platform represents its strongest differentiating factor, as this technology-enabled offering requires significant investment and regulatory expertise that creates barriers to entry for traditional community banks. This platform allows Coastal to serve customers beyond its geographic footprint and generates fee income that is less sensitive to interest rate cycles. However, Coastal's competitive moat is relatively narrow. The banking industry faces intense competition from multiple directions: large national banks with superior technology resources and funding costs, credit unions with tax advantages, and fintech companies offering specialized financial services. Switching costs for banking customers have decreased significantly with digital banking, making customer retention more challenging. The company's regulatory expertise and compliance infrastructure provide some advantage in the BaaS space, as fintech partners require established banking relationships to offer FDIC-insured products. Additionally, Coastal's focus on commercial lending allows it to compete through relationship banking and faster decision-making compared to larger institutions. Overall, Coastal's moat is modest and primarily defensive, relying on local market knowledge, customer relationships, and specialized services rather than sustainable competitive advantages. The company remains vulnerable to economic cycles, interest rate volatility, and competitive pressure from both traditional and non-traditional financial service providers.
Risks & safety
Coastal Financial demonstrates a moderate margin of safety with generally sound financial metrics but some areas of concern typical for regional banks. Liquidity and Solvency: • Strong cash position with $624 million in cash and short-term investments as of Q1 2025 • Healthy current ratio of 642x, though this metric is less meaningful for banks due to their unique balance sheet structure • Debt-to-equity ratio of 12%, indicating conservative leverage • No immediate solvency concerns with adequate capital ratios Profitability and Cash Flow: • Positive free cash flow of $69 million in Q1 2025, demonstrating operational cash generation • Return on equity of 2.2% in Q1 2025, below historical levels but positive • Net income volatility across quarters suggests sensitivity to interest rate and credit cycles Valuation Metrics: • Price-to-earnings ratio of 35x appears elevated for a regional bank • Price-to-book ratio of 3.0x is above typical regional bank multiples of 1.0-2.0x • EV/EBITDA of 4.8x seems reasonable for the banking sector Other Considerations: • Asset quality concerns typical for regional banks during economic uncertainties • Interest rate sensitivity could impact margins in changing rate environments • Concentration risk in Pacific Northwest regional economy
Recent development
Based on the available financial data, Coastal Financial has undergone significant growth and strategic evolution over recent years. The company has expanded its asset base from $3.1 billion in 2022 to $4.3 billion by Q1 2025, representing substantial organic growth in its core banking operations. Revenue diversification has been a key strategic focus, with the development of the Banking-as-a-Service platform representing the most significant innovation. This technology-enabled service allows the bank to partner with fintech companies and broker-dealers, expanding its reach beyond traditional geographic boundaries while generating fee-based income that reduces dependence on interest rate spreads. The bank has maintained its focus on commercial lending while expanding its digital capabilities across all service lines. Enhanced online and mobile banking platforms, remote deposit capture services, and comprehensive treasury management solutions have positioned Coastal to compete more effectively with larger institutions while serving its core small and medium-sized business customer base. Geographic expansion within the Puget Sound region has continued through the operation of 14 full-service banking locations, providing convenient access for retail and commercial customers while maintaining the community banking approach that differentiates regional banks from national competitors. The company has also focused on operational efficiency improvements and risk management enhancements, particularly important given the regulatory environment facing regional banks and the need to maintain competitive cost structures while investing in technology and compliance capabilities.
CCB company profile · for informational purposes only — not investment advice.
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