Coastal Financial Corp (EVERETT)
General ticker "CCB" information:
- Sector: Financials
- Industry: Banks
- Capitalization: $1.1B
Coastal Financial Corp (EVERETT) follows the US Stock Market performance with the rate: 66.0%.
Estimated limits based on current volatility of 3.5%: low 78.72$, high 84.45$
Factors to consider:
- Company does not operate outside US (retrieved using AI)
- Current price 44.5% above estimated high
- Earnings for 9 months up through Q3 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [36.71$, 55.86$]
- 2024-12-30 to 2025-12-30 estimated range: [41.91$, 62.57$]
Financial Metrics affecting the CCB estimates:
- Positive: Non-GAAP EPS, $ of 3.27 > 2.29
- Positive: Operating profit margin, % of 21.81 > 19.51
- Positive: Industry inventory ratio change (median), % of -32.20 <= -0.39
- Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of 1.17
- Positive: Industry operating profit margin (median), % of 35.48 > 11.86
- Positive: Operating cash flow per share per price, % of 34.77 > 12.76
- Negative: Interest expense per share, $ of 6.91 > 0.74
Short-term CCB quotes
Long-term CCB plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $101.81MM | $321.47MM | $330.37MM |
| Operating Expenses | $67.43MM | $393.15MM | $273.24MM |
| Operating Income | $34.38MM | $-71.68MM | $57.13MM |
| Non-Operating Income | $0.00MM | $122.30MM | $0.00MM |
| Interest Expense | $3.65MM | $20.39MM | $91.64MM |
| Income(Loss) | $34.38MM | $50.62MM | $57.13MM |
| Taxes | $7.37MM | $10.00MM | $12.55MM |
| Profit(Loss) | $27.00MM | $40.62MM | $44.58MM |
| Stockholders Equity | $201.22MM | $243.49MM | $294.98MM |
| Inventory | $821.27MM | $423.75MM | $0.00MM |
| Assets | $2,635.52MM | $3,144.47MM | $3,753.37MM |
| Operating Cash Flow | $29.85MM | $67.10MM | $196.51MM |
| Capital expenditure | $2.59MM | $2.84MM | $6.25MM |
| Investing Cash Flow | $-894.15MM | $-987.95MM | $-598.99MM |
| Financing Cash Flow | $859.84MM | $449.83MM | $543.46MM |
| Earnings Per Share* | $2.25 | $3.14 | $3.36 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.