Added to YB: 2026-09-03
Pitch date: 2026-09-01
CCB [bullish]
Coastal Financial Corporation
+1.92%
current return
Author Info
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Company Info
Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to consumers and small and medium-sized businesses in the Puget Sound region in Washington.
Market Cap
$720.1M
Pitch Price
$47.60
Price Target
60.00 (+24%)
Dividend
N/A
EV/EBITDA
N/A
P/E
-183.78
EV/Sales
N/A
Sector
Banks
Category
turnaround
September: The 'Most Interesting Bank in the World' is solving its problems - $CCB
CCB: Coastal Financial’s recovery hinges on LendingPoint loans written to roughly 86% before undisclosed cash reserves but potentially worth above 90%, creating a possible $20-$30M+ recovery. Its ~$725M market cap also compares with an estimated, tax-dependent ~$600M of saleable value, including a community-bank franchise worth a $100-$125M premium. The earnings case is $6+ of next-year EPS valued at 10x versus $48 today; management execution and risk-management credibility remain risks.
Read full article (2 min)