$77.99
1.69% yesterday
Nasdaq, Nov 25, 10:00 pm CET
ISIN
US19046P2092
Symbol
CCB
Sector
Industry

Coastal Financial Corporation Stock News

Positive
Seeking Alpha
7 days ago
Based on Washington's economy, I'm expecting Coastal Financial's provision expense for loan losses to remain elevated. Credit demand will most probably remain stable, which will drive both non-interest income and net interest income. The net interest income will also receive support from rate cuts because CCB's books are liability-sensitive, meaning funding costs will fall more than asset yields.
Neutral
GlobeNewsWire
29 days ago
EVERETT, Wash., Oct. 28, 2024 (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 September 30...
Neutral
GlobeNewsWire
about 2 months ago
EVERETT, Wash., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB) (the “Company”), and its subsidiary, Coastal Community Bank (the “Bank”), announced that its role of President of the Bank is to be bifurcated to accommodate the Bank's growth and plans for the future. The Bank announced the appointment of Brian Hamilton as President of CCBX, the FinTech and banking-as...
Neutral
Seeking Alpha
3 months ago
Coastal Financial's CCBX segment leverages fintech partnerships for banking services but suffers from low margins and substandard underwriting, impacting profitability and asset quality. Despite strong loan growth, Coastal Financial's increased risk appetite and poor asset quality have led to significant provisions for credit losses and declining net income. The market overvalues Coastal Financ...

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