Added to YB: 2024-05-08
Pitch date: 2024-05-07
CCB [neutral]
Coastal Financial Corporation
+180.08%
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 small and medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington.
Market Cap
$1.3B
Pitch Price
$41.25
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
30.18
EV/Sales
N/A
Sector
Banks
Category
N/A
Coastal Financial Corporation (NASDAQ: CCB)
CCB: Coastal Financial, a Puget Sound bank w/ high ROE. Core ops: community banking (Snohomish County leader w/ 15.8% deposit share) & CCBX (Banking-as-a-Service for fintechs nationwide). Offers full deposit products & various loans. CEO Sprink well-compensated w/ 1.85% ownership stake.
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