Coastal Financial Corp (EVERETT) CCB

FinancialsBanking ServicesUnited States of America

Last close 43.68 USD on Nov 2, 2026, −61.9% year to date

Quant rating

Quant rating C Rank 452 of 799 in Financials

Growth A 19 of 799
Valuation C 387 of 799
Quality C 476 of 799
Revisions C 497 of 799
Momentum D 574 of 799

Wall Street consensus Buy (1.75)Average target 51.75 USD +18.5%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 668M
Enterprise value: 668M
52-week range: 35.91 – 120.00
3-year range: 35.91 – 120.00
Dividend yield: –
Beta (5 years): 0.80
Shares outstanding: 15.3M
Next earnings: Jan 27, 2027

About the company

Coastal Financial Corporation is a bank holding company, whose wholly owned subsidiaries are Coastal Community Bank (Bank) and Arlington Olympic LLC (LLC). It operates through three segments: The Community Bank, CCBX and Treasury & Administration. The Community bank segment includes all community banking activities, with a primary focus on providing a wide range of banking products and services to consumers and small to medium-sized businesses in the broader Puget Sound region in the state of Washington and through the Internet and its mobile banking application. It operates in about 14 full-service banking locations, 12 of which are in Snohomish County. The CCBX segment provides banking as a service (BaaS) that allows its digital financial service providers, companies and brands to offer their customers banking services. The Treasury & Administration segment includes investments, debt and other reporting items that are not specific to the community bank or CCBX segments.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	430	397	323	192	83.1	–
Revenue growth	8.3%	22.8%	68.2%	131.3%	31.8%	46.8%
EPS (basic, normalized)	3.12	3.35	3.36	3.14	2.16	–
EPS growth	−6.7%	−0.4%	7.1%	45.0%	17.0%	11.1%
Gross margin	–	–	–	–	–	–
Net margin	10.9%	11.4%	13.8%	21.1%	32.5%	18.0%
ROE	10.7%	14.1%	16.4%	18.3%	17.2%	15.3%

Balance sheet, last quarter
Cash & short-term investments (mil)	–
Tier 1 risk-adjusted capital ratio	10.9%
Long-term debt (mil)	48.1
Net debt (mil)	–
Total equity (mil)	478
Net debt / equity	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			Book value per share			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	P/B	Mean est.	Growth	P/E
2025 actual	430	+8.3%	1.6x	32.43	+10.4%	1.3x	3.04	−6.4%	14.4x
2026	656	+52.8%	1.0x	32.47	+0.1%	1.3x	0.16	−94.8%	277.3x
2027	682	+3.9%	1.0x	38.09	+17.3%	1.1x	5.44	+3,353.7%	8.0x
2028	818	+19.9%	0.8x	43.43	+14.0%	1.0x	6.91	+27.0%	6.3x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	656	−4.5%	−4.5%	−1.3%	0.16	0.0%	−7.4%	−96.4%
2027	682	−8.1%	−15.4%	−14.8%	5.44	−6.3%	−8.0%	−22.3%
2028	818	−11.2%	–	–	6.91	+10.4%	–	–

Earnings surprises EPS beat in 1 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	148	136	152	143	140	119	145	106	149	178
Sales mean (mil)	121	166	154	156	155	151	140	153	153	162
Surprise	+21.8%	−18.2%	−1.3%	−8.4%	−10.1%	−21.1%	+3.4%	−30.8%	−2.4%	+9.7%
EPS reported	0.50	0.84	0.97	0.94	0.63	0.71	0.88	0.82	0.78	−2.76
EPS mean	0.76	0.80	0.95	0.92	0.84	0.84	0.88	1.02	1.04	1.01
Surprise	−33.9%	+4.7%	+1.8%	+1.9%	−25.4%	−15.0%	0.0%	−19.5%	−25.4%	−373.9%

Peer comparison Banking Services

Peers in the same industry group, by market capitalization
Company	Market cap	Tier 1 ratio	Net margin	Deposits/loans	FY1 P/E	FY2 P/E	FY1 P/B	FY2 P/B
CCB Coastal Financial Corp (EVERETT)	668M	10.9%	10.9%	1.16x	277.3x	8.0x	1.3x	1.1x
EWBC East West Bancorp, Inc.	18.2B	15.4%	30.9%	1.20x	12.3x	11.3x	2.0x	1.7x
COLB Columbia Banking System Inc	8.6B	11.7%	18.9%	1.15x	10.2x	9.4x	1.2x	1.1x
WAL Western Alliance Bancorporation	8.5B	12.0%	20.4%	1.33x	8.8x	7.4x	1.1x	1.0x
FFIN First Financial Bankshares Inc	4.5B	20.4%	36.1%	1.66x	15.4x	14.8x	2.3x	2.1x
SFBS ServisFirst Bancshares Inc	4.5B	11.8%	27.9%	1.05x	13.0x	11.8x	1.6x	1.4x
Mean		13.7%	24.2%	1.26x	56.2x	10.4x	1.6x	1.4x
Median		11.9%	24.1%	1.18x	12.6x	10.3x	1.5x	1.3x

Technical analysis

1M+8.7%
3M+6.6%
1Y−59.0%
3Y+12.5%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Coastal Financial Corp (EVERETT), fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Interest income	430	397	323	192	83.1	63.0
Total interest expense	120	124	91.6	20.4	3.6	5.7
Net interest income	310	273	232	172	79.4	57.4
Loan loss provision	193	278	184	79.1	9.9	–
Net interest income after loan loss provision	117	−4.6	47.6	92.7	69.5	57.4
Non-interest income	232	308	204	123	28.1	8.2
Non-interest expense	−288	−246	−195	−165	−63.3	−46.4
Net income before taxes	61.2	57.3	57.1	50.6	34.4	19.1
Provision for taxes	14.3	12.1	12.6	10.0	7.4	4.0
Minority interest & equity in affiliates	–	–	–	–	–	–
Other	0	0	0	0	0	0
Net income before extraordinary items	47.0	45.2	44.6	40.6	27.0	15.1
Extraordinary items	–	–	–	–	–	–
Net income	47.0	45.2	44.6	40.6	27.0	15.1
Basic weighted average shares (mil)	15.1	13.5	13.3	12.9	12.0	11.9
Diluted weighted average shares (mil)	15.4	13.9	13.6	13.5	12.5	12.2
Basic EPS excluding extraordinary items	3.12	3.35	3.36	3.14	2.25	1.27
Basic EPS, normalized	3.12	3.35	3.36	3.14	2.16	1.85

Balance sheet in millions of USD, fiscal years

Balance sheet, Coastal Financial Corp (EVERETT), fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & due from banks	34.2	36.5	31.3	32.7	14.5	19.0
Other earning assets	872	522	634	441	856	181
Net loans	3,580	3,310	2,904	2,553	1,714	1,528
Property, plant & equipment	34.1	32.6	28.0	23.2	23.3	24.2
Goodwill	–	–	–	–	–	–
Intangibles	4.5	–	–	–	–	–
Long-term investments	–	–	–	–	–	–
Other long-term assets	0	3.6	3.8	18.5	6.8	3.8
Other assets	217	217	148	75.4	20.8	10.7
Total assets	4,741	4,121	3,750	3,144	2,636	1,766
Liabilities
Accounts payable	28.9	30.1	31.2	21.1	0.4	0.5
Payable/accrued	–	–	–	–	–	–
Accrued expenses	5.0	5.3	6.1	5.2	6.3	7.3
Total deposits	4,144	3,585	3,360	2,818	2,364	1,421
Other bearing liabilities	–	–	–	0	25.0	25.0
Short-term borrowings	–	–	–	–	–	–
Current portion of long-term debt	–	–	–	–	–	–
Long-term debt	48.1	47.9	47.7	47.6	27.9	167
Minority interest	–	–	–	–	–	–
Other liabilities	24.3	13.8	9.6	9.5	11.0	4.5
Total liabilities	4,250	3,683	3,455	2,901	2,434	1,626
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	233	228	130	126	122	87.8
Additional paid-in capital	–	–	–	–	–	–
Retained earnings (accumulated deficit)	258	211	165	120	79.4	52.4
Treasury stock	–	–	–	–	–	–
Other equity	0	0	−0.5	−2.3	0	0
Total equity	491	439	295	243	201	140
Total liabilities & shareholders' equity	4,741	4,121	3,750	3,144	2,636	1,766

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Coastal Financial Corp (EVERETT), fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	47.0	45.2	44.6	40.6	27.0	15.1
Depreciation, depletion & amortization	6.5	4.6	2.3	1.8	1.6	1.4
Deferred taxes	4.5	0.1	13.9	−11.0	−3.0	−1.1
Non-cash items	12.8	−64.7	−51.6	−42.4	−1.6	0.9
Changes in working capital	184	275	182	78.1	5.9	3.0
Cash from operations	255	260	192	67.1	29.8	19.3
Investing activities
Capital expenditures	−8.4	−9.9	−6.2	−2.8	−2.6	−5.4
Other investing cash flows	−517	−599	−588	−985	−892	−661
Cash from investing	−526	−609	−594	−988	−894	−667
Financing activities
Financing cash flow items	555	225	543	429	967	468
Cash dividends paid	–	–	–	–	–	–
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	0.2	93.2	0.6	21.1	−107	154
Cash from financing	556	318	543	450	860	622
Foreign exchange effects	–	–	–	–	–	–
Net change in cash	284	−30.6	141	−471	−4.5	−24.9
Free cash flow	246	250	185	64.3	27.3	14.0

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 2, 2026 after market close.